Birketts acts for shareholders on sale of Fixation to Wex Photographic
- Credit: Archant
East Anglian law firm Birketts has advised the shareholders of Fixation (UK) Ltd on its sale to Norwich-based Wex Photographic.
Fixation, which is based in south London, specialises in the sale, repair and rental of high-end camera equipment, with its acquisition reinforciing Wex Photographic’s presence in the professional marketplace.
Birketts, which has offices in Ipswich, Chelmsford, Cambridge and Norwich, advised on all legal matters.
James Austin, corporate partner, led the corporate team with assistance provided by colleagues on a range of services including Lynne Hill (corporate), Pam Dawson (property), Sonya O’Reilly (employment) and Carol Bun (tax).
The value of the transaction has not been disclosed. Fixation will remain a separate business with Mike Allen, who founded the firm in 1988, and co-director Paula Stevens continuing to work in an advisory capacity.
Paula Stevens said “We chose Birketts to represent us due to their proven track record and the firm’s reputation for client care.”
James Austin added: “We are delighted to have helped to deliver a successful outcome for the shareholders of Fixation and look forward to seeing the firm continue to thrive under the leadership of the Wex management team.”