Ashfords LLP advises on sale of employee assistance programme provider to Peninsula
Thursday 20th October 2011
Leading South West law firm Ashfords LLP acted for the shareholders of employee assistance programme ('EAP') provider Health Assured on its recent sale to employment law and health and safety specialists Peninsula Business Services.
Two of the sellers, Matthew Kelvie and Brandon Collins, remain with the company as directors to drive its planned expansion.
Peter Done, managing director of Peninsula, was attracted to Health Assured as a result of its phenomenal growth in the EAP market over the past couple of years.
Ashfords LLP's corporate lawyers (Peter Fox, partner and Kirill Kruchinin, solicitor) acted for the sellers with assistance from other members of the firm's Taunton office including employment partner Michelle Fox and associate Rathika Chinnadurai.
Peter Fox commented: "We are pleased to have been instructed on this sale and look forward to seeing the business achieve its growth targets over the next few years. In particular, we wish Matthew and Brandon all the best in their exciting new roles within the Peninsula Group."
For further information, please visit www.ashfords.co.uk/corporate