Quercus Corporate Finance is delighted to announce the merger of Millgate Developments Limited with Countryside Properties Limited

Quercus Corporate Finance is delighted to announce the merger of Millgate Developments Limited with Countryside Properties Limited.

The Quercus team, led by Adrian Dray, advised the Board and senior management of Millgate Developments Limited (“Millgate”) on its merger with Countryside Properties, which completed on 31 January 2014.  Financial details of the transaction have not been disclosed.

Millgate is a multi award winning, market leading builder of prestige homes across the south east of England.  Adrian Dray has known Millgate for over 10 years and has been advising the Board and its Managing Director, David Simpson, throughout this period.

Adrian Dray, Founding Partner of Quercus said “This is an excellent deal for all the shareholders, management and staff at Millgate.  Millgate have found a partner who understands and values what is a very special business and will support Millgate in delivering its exciting business plan.  We are delighted to have been a key adviser on this transaction. This is Quercus’ second completion since we formed the partnership in the last quarter of 2013 and with other deals in the pipeline we are looking forward to a very successful first year.”

David Simpson of Millgate Developments Limited added:  “Adrian has been supporting me and the Millgate Board for the last 10 years and when we made the decision to find a merger partner I needed an adviser whom I trusted and who understood all the complexities of the deal we were planning.  Quercus’ partner led approach together with their understanding of how to manage many parties and ability to pro-actively pre-empt and deal with potential problems before they became issues, was invaluable in ensuring that the deal delivered what my management team and I were looking for. I would like to thank Adrian for his total dedication and commitment throughout the entire transaction

Contact : Adrian Dray : 07711473237: Adrian.dray@quercuscf.co.uk

Quercus Corporate Finance is a Southern based  advisory firm dedicated to delivering the very best quality transactional advice to mid-market companies, entrepreneurs and business owners.  The  founding partners have spent collectively over 60 years completing deals and advising owner managers, corporates and private equity investors.  Each has held leadership positions in one of the Big 4 Corporate Finance practices and their track record boasts over 250 successful transactions.