Porter Dodson Solicitors celebrate successful completion of acquisition deal for David and Charles

    Porter Dodson Solicitors celebrate successful completion of acquisition deal for David and Charles

    Porter Dodson Solicitors were pleased to be involved with the successful completion of an asset purchase agreement between David and Charles and Veloce Publishing, assisted by our Employment Team and our Corporate Commercial team in Exeter. The acquisition, finalised on February 1st 2024, marks a significant milestone for both companies involved. 

    David and Charles has acquired Veloce Publishing for an undisclosed sum, signalling a strategic move to expand its presence in the publishing industry. The acquisition includes the renowned Veloce, Hubble & Hattie, and Earthworld imprints, as well as the transfer of Veloce staff and all UK and international distribution and sales relationships. 

    Veloce Publishing has long been recognised as a market leader in the automotive genre, with a catalogue of specialist titles for classic car, classic motorcycle, and motorsport enthusiasts. With this acquisition, David and Charles affirm their commitment to maintaining and enhancing Veloce's legacy while exploring new avenues for growth and innovation. 

    James Woollam, Managing Director of David and Charles, expressed his enthusiasm for the completed deal, saying, "We are delighted to have completed this deal and to be bringing the Veloce business to David and Charles. We're excited at the opportunities to develop and grow the Veloce business in the future." 

    Kate Shawcross, Senior Associate in the Employment team at Porter Dodson, said, “I was pleased to have been able to work closely with David and Charles to ensure a smooth transition of staff, enabling the Veloce brands to continue to flourish under this new ownership.” 

    David Culshaw, Partner at Porter Dodson has echoed this, saying: “It was an absolute pleasure working with David and Charles on their most recent acquisition and excellent news that the Veloce name and imprints will continue.   For us, this transaction is a really good example how the growing Porter Dodson team in Exeter are able to help ambitious local businesses grow!” 

    Porter Dodson solicitors congratulate David and Charles and Veloce Publishing on the successful completion of this transaction and look forward to witnessing the continued growth and success of the business.  

    To find out more about what our Commercial Team can do for your business, get in touchCONTACT OUR CORPORATE COMMERCIAL TEAM

    For legal advice on corporate commercial

    Get in touch

    Related posts