Hill Dickinson transaction wins Insider’s Deal of the Month

Timpson’s acquisition of Johnson Service Group’s (JSG) retail dry-cleaning business has been named North West Business Insider’s Deal of the Month for January 2017.

Hill Dickinson corporate partner Sue Russell advised JSG on the transaction alongside legal director Richard McKay.

Timpson Group PLC paid £8.25m on a debt-free, cash-free basis for the retail dry-cleaning business undertaken within Johnson Cleaners UK Limited, Jeeves of Belgravia Limited and Jeeves International Limited.

Read Insider’s full article on the deal online.

The firm’s corporate team also advised on the private equity-backed management buyout of ITC Luxury Travel, which won Insider’s Deal of the Month for August 2016.