Freeths advise the management of Two Circles on the sale to Bruin Sports Capital
Freeths LLP's London and Oxford teams led by Leon Arnold advised the management of Two Circles, a sports marketing business, on the sale of the company to Bruin Sports Capital, a US private equity fund.
The sale was subject to EU regulatory approval and completed in March 2020. Freeths advised the co-founders of Two Circles, who have maintained a minority share of the business, on the sale of a majority stake to WPP in 2015.Gareth Balch, Two Circles' CEO, commented: “We are very grateful to Leon for his invaluable legal advice, guidance and support. The commitment shown ensured that we successfully closed the deal” Leon Arnold added: “It was a real pleasure working with the Two Circles team again. I look forward to watching the business continue to grow”.
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