B P Collins has acted for the shareholders of Ambersphere Solutions Ltd, a leading provider of professional lighting solutions, in the sale of shares resulting in Ambersphere Solutions Limited becoming a part of ACT Entertainment, North America’s leading supplier of entertainment technology. This is a strategic move that marks a new chapter for both organisations.
ACT Entertainment, renowned for its comprehensive offering across professional lighting, audio, video, and more, serves a broad spectrum of the entertainment industry’s needs. This exciting development promises to leverage the strengths of both companies to deliver products, technical service, and support to entertainment professionals worldwide.
Partner, David Smellie; solicitors, Holly McNeil and Stella Seimeni, and trainee, Josh Dickinson from B P Collins’ corporate and commercial team, acted as legal advisers to the shareholders of Ambersphere Solutions on the sale of their shares, alongside B P Collins’ employment solicitor, Greg Clark, and Alison Taylor, property partner.
Glyn O’Donoghue, former managing director of Ambersphere Solutions, based in West London said: “We met with David Smellie and Stella Seimeni at the start of the sale process, before we had agreed terms. This was a once in a lifetime event for me and it was reassuring to know that David and Stella were on hand to offer guidance about the whole process not just the legal side. The team at B P Collins was very helpful throughout the whole business sale process, and proved invaluable with practical help during the challenging due diligence process. I would not hesitate to recommend B P Collins to anyone considering selling or buying a business.”
David Smellie, corporate and commercial partner said, “B P Collins has extensive experience advising clients in the creative industries, so we were delighted to work with the shareholders of Ambersphere Solutions in this important sale both for them and also for Ambersphere Solutions. There is no doubt that this sale will help the business go from strength to strength and we wish Ambersphere Solutions every success in the future.”