Deal type
Sector
Shareholder Restructuring of CCS Insight
HMT Corporate Finance, led by partner Doug MacLeod, advised the shareholders of CCS Insight on restructuring the shareholdings of the business in order to provide both direct and deferred equity incentives to staff.
CCS Insight provides market information, analysis and intelligence for companies focusing on the mobile and wireless sector around the world. Their unparalleled knowledge and understanding of the communications market, and the ability to synthesise information about the connected world enable their clients to gain valuable new perspectives on the state of the mobile and wireless market, its future direction and how it all fits together.
Being a “people” business requires that the staff, who represent the goodwill of the business, need to have their objectives aligned with that of the company, in order to maintain and grow that goodwill. The existing directors and shareholders, together with HMTCF, believed that the most effective way of achieving this was to provide equity in the business, so that, as the business continues to grow in value, the staff can see that their personal wealth grows too.
Mick Walker, chairman of CCS commented, “We approached HMT with a problem regarding the current and ongoing structure of our business. Not only did they find a solution but worked side by side with us to effect the solution. Result is we now have a business successfully restructured for the future”
Doug MacLeod commented, “We were delighted to assist CCS in delivering a solution which allows its staff to participate in the continued success of the business, helping to improve productivity and drive growth. We wish CCS and its shareholders every success and look forward to working with them again in the future.”