The Wilkes Partnership Corporate Team advises on sale of CPM to Kelsey Media

Jeremy Parkin, Partner in the Corporate Team at The Wilkes Partnership, has advised Angus McKirdy, owner/manager of Crop Production Magazine (CPM), on its sale to Kelsey Media.

CPM was first published in February 1999. Since then it has established itself as the UK’s leading arable technical title. Across both print and digital formats, CPM profiles innovative crop production techniques, new machinery developments and industry leading technologies.

Angus commented “Jeremy Parkin and his team have done a fabulous job in preparing the various contracts and paperwork for the sale of my business – always professional, attentive and knowledgeable; yet friendly, insightful and down-to-earth. This has been my first, and probably last, foray into the world of corporate law and these guys made it relatively painless! Thanks very much for a job well done.”

Assisted by solicitor Matt Hartas, corporate partner Jeremy Parkin led the Wilkes team, while corporate finance advice was provided by David Ellis of Azets.

Jeremy said “It was a pleasure to work with Angus to help him release the value he has built up in the business, whilst giving him an opportunity to develop it further as part of the Kelsey portfolio.”

CPM represents a key addition to the Kelsey portfolio of agriculture titles. The deal will afford Angus, who will continue in the role of Commercial Director at CPM, the opportunity to contribute to the development and growth of the wider business, while CPM’s readers continue to benefit from its reputation for quality, independent journalism.

If you are considering exiting or acquiring a business, Jeremy and his team are keen to speak to you. If, like Angus, it’s your first deal on the corporate scene, or you’ve got more experience under your belt, you’ll need trusted advisers by your side who will guide you safely through the transaction. Contact Jeremy on 0121 710 5931 or at [email protected].