PEXA Group Limited agreed to acquire Smoove plc from Herald Investment Management Ltd., Kestrel Partners LLP, Harwood Capital Management Ltd and other for £30.8 million.
Simon Willis, Stuart Ord, William Wickham of Numis Securities Limited acted as financial advisor to PEXA Group Limited. Adrian Hadden, George Lawson, Hamish Waller of Cavendish Securities Plc acted as financial advisor to Smoove plc. Dominic Morley and Amrit Mahbubani of Panmure Gordon (UK) Limited acted as financial advisor to Smoove plc. Addleshaw Goddard LLP is acting as legal adviser to PEXA. Shoosmiths LLP is acting as legal adviser to Smoove.