Moorcrofts advises LHi Group Limited on sale of Energy Jobline Limited
Moorcrofts LLP has advised LHi Group Limited (“LHI”) on the sale of its subsidiary, Energy Jobline Limited (“EJL”), to ConnectIn Group Limited (“ConnectIn”).
Originally launched in 2012, EJL is a leading jobsite in energy and engineering jobs across the globe. EJL provides the latest energy jobs offered by leading industry employers and global recruitment agencies. Sectors in which EJL operate are oil and gas, renewable energies, offshore, power and nuclear jobs worldwide. The acquisition will expand ConnectIn’s offering in the sectors above and enable its customers and clients to have access to one of the leading online platforms in that market.
Moorcrofts’ corporate partner Will Pearce led the deal with support from Adam Forder and Mohsin Shabbir. Employment support was provided by Matt Jenkin and commercial contract support provided by Tim Astley.
Edward Parkes, Chief Financial Officer for LHI, said: “Many thanks to Moorcrofts for assisting us with the sale of EJL. Will has advised us on multiple corporate matters over the last few years and he and his team moved quickly to provide practical and commercial solutions to matters that arose during the sale process, and helped us reach a successful conclusion”.
Will Pearce said: “We’ve assisted LHI with various legal matters for many years. It was a pleasure to assist Ed and his team again, this time with the sale of EJL. We are looking forward to working with his team closely in the future”.
Albert Goodman provided tax and accountancy advice to LHI Group.
For more information regarding company sales, contact Will Pearce.
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