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Leonard Curtis Legal advises Quality Save on sale to T.J. Morris
Leonard Curtis Legal has advised Quality Save (Holdings) Limited on the sale of its trading subsidiary Quality Save Limited to T.J. Morris Limited, which trades as Home Bargains.
Founded in 1974 by Bob Rudkin, the successful family business has grown to 21 stores across the North West and Yorkshire with over 600 employees.
Specialising in selling big brands at the best prices for almost half a century, the well-established Quality Save brand has enjoyed a close working relationship with T.J. Morris for many years and so the acquisition is a great fit for the T. J. Morris group with the Quality Save locations enhancing its existing footprint.
The Leonard Curtis Legal team - led by Jennifer Moore with assistance from Alicia Renshaw (Real Estate), Sherrelle Scott, Jenny Fell and India Lawrenson - successfully delivered the transaction alongside Chris Wrighton from Harold Sharp, who has been a long-term adviser to the business in relation to all tax and accounting aspects.
Jennifer Moore said: We were delighted to work with the team at Quality Save on this transaction. The additional resources of the T.J. Morris group will enable the existing Quality Save business to capitalise on the significant growth opportunities available in the retail sector.
Ric Rudkin, director of Quality Save (Holdings) Limited, said: Jennifer and the team at Leonard Curtis Legal were a pleasure to work with. They guided us through every aspect of the sale, ensuring that we were fully informed at all stages. They simplified what in essence was an extremely challenging process.
Leonard Curtis Legal is the fastest-growing division of Leonard Curtis, delivering multi-disciplinary solutions across its core practice areas of Corporate and Commercial, Real Estate, Dispute resolution and Restructuring and Insolvency .
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