Corporate Team advises Adare Group on its acquisition of Polestar Applied SolutionsPrint news article
Walker Morris has advised Adare Group on its acquisition of business-critical mailing services company, Polestar Applied Solutions (PAS), which will take Adare’s revenues to the brink of the £250m milestone.
PAS will trade immediately under the Adare brand as part of Adare Secure and Essential Communications (Adare SEC) and will reinforce Adare SEC’s leadership position in the data-driven, technology-led essential communications market.
Endless backed the communications provider, Adare, in 2015. Since then Adare has made two acquisitions including PAS and its recent acquisition of one of the major players in the business marketing and essential communication services market – £60m-turnover Banner Managed Communication (BMC).
John Hamer and Thomas Mieszkowski both in the Corporate Team at Walker Morris provided legal support to Adare.
Darren Forshaw of Endless LLP commented:
“Adare has now executed two major deals in the space of just a couple of months, and it’s a measure of the focus and energy of Robert and his team that they’re already eyeing further acquisition targets. Endless looks forward to continuing to back their ambitious growth agenda.”
John Hamer commented:
“We are pleased to have been able to work with Adare, which is a new client to the Firm, to support them on their acquisition of PAS. This latest acquisition will further enhance their capabilities and is a great step forward to achieving their growth strategies.”