Howard Kennedy acted for Foxway on their acquisition of Global Resale Ltd, a leading provider of lifecycle management solutions for technology assets in the UK and Europe.
Foxway is a leading provider of circular IT services. Their mission is to encourage change in the tech industry and promote sustainability in the market. The acquisition of Global Resale Ltd bolsters Foxway's geographical footprint in the UK and Europe and reinforces their mission to make circular tech more accessible.
Martin Backman, CEO of Foxway, said "Foxway has expanded quickly over recent years and is today one of the largest specialists in IT lifecycle management in Europe. Our recent acquisition of Global Resale, a leading provider of lifecycle management solutions for technology assets, means that we can further leverage the reuse of technological products to prolong their life and increase the regions in which our customers can enjoy those products. In an increasingly complex regulatory environment, and with sustainability at the forefront of our concern, the path to success is clearer with a global approach and by appreciating and reflecting end to end solutions for customers.
The Howard Kennedy team reflected our own culture of accountability, responsibility and competence. They took absolute ownership of the legal aspects of this transaction, acting as another limb of Foxway, which gave us great security. Gillian White and Stephanie Brigg were pragmatic, commercially astute and their approach logical and never over-complicated."
Gill White, Partner and Head of M&A, said "We were delighted to be part of the Foxway team helping them with this important step in Foxway’s strategy to become the leading company within circular tech in Europe and beyond."
The Howard Kennedy team reflected our own culture of accountability, responsibility and competence. They took absolute ownership of the legal aspects of this transaction, acting as another limb of Foxway, which gave us great security. Gillian White and Stephanie Brigg were pragmatic, commercially astute and their approach logical and never over-complicated.
Want to hear more from us?