Nick is an experienced Real Estate lawyer who has a particular focus on development and secured lending. His clients include commercial developers, regional house builders and owner occupiers.
Mark Lavers head of the Real Estate team says
“Nick is a fantastic addition to our growing commercial Real Estate practice and brings with him a wealth of experience, we are excited to have him on-board”.
MH Tech group corporate partner Andrew Wigfall and associate David Strong acted for New York investor Thrive Capital in connection with a £22m investment round led by Thrive into Monzo, the digital challenger bank. The funding values the two-year-old business at £65m.
Thrive Capital was joined in the round by Orange Digital Ventures, the venture arm of the French telecommunications company, and existing shareholder Passion Capital.
Monzo is also seeking a £2.5m fundraising through the Crowdcube platform as part of the round. It will use the funds to help fulfil its capital requirements for becoming a full bank, having gained a banking licence in 2016. It already boasts 100,000 customers who have spent £100m using its pre-paid card and is one of a number of digital-challenger banks hoping to give high-street banks a run for their money.
Marriott Harrison has been nominated by LawCareers.Net as a finalist for “Best Trainer – Medium City Firm” for the second year running.
LawCareers.Net is a leading online law student publication, offering a comprehensive, one-stop online resource created for future lawyers and those who recruit them. MH is pleased to be recognised again for the efforts it puts into developing its trainees into high quality lawyers who remain an integral to the future of the firm.
The LawCareers.Net Training & Recruitment Awards will take place at Merchant Taylor’s Hall in London on 18 May.
For further details regarding Marriott Harrison’s Summer Vacation Scheme and to apply please click here
Marriott Harrison has acted for Beringea LLP in connection with a growth funding investment into My 1st Years, the children’s gifts personalisation site.
The £5m round was led by Beringea, and supported with funds managed by Hargreave Hale. The investment will be used to drive developments in operations, marketing and international expansion into the US.
This is the latest in a series of investments for Beringea in retail and ecommerce. The venture capital firm has also recently invested in luxury watch reseller Watchfinder and men’s styling site Thread. Its diverse portfolio covers a range of other industries including digital media, business software and services and consumer products.
The team was led by corporate associate David Strong.
Corporate partner Jonathan Leigh-Hunt and corporate associate Frances Spooner advised Mobeus Equity Partners LLP on the investment into Preservica Limited (“Preservica”), a world leading provider of SaaS-based and on-premise digital software platforms which automate the preservation of digital content to ensure that information is accessible irrespective of future changes in technology. Mobeus provided an investment of £3 million to support the growth of Preservica, having first backed Tessella, a highly specialised consultancy which developed Preservica, in 2012. The Preservica business was retained by shareholders as it was carved out of the sale of Tessella just over a year ago in a deal which generated a return of 2.9x capital for Mobeus shareholders.
Trevor Hope, partner at Mobeus and new non-executive director of Preservica, commented “We are delighted to continue to back a world-class technology we’ve worked with for four years. Our deep, shared history means we already knew we had a very strong team in place and, following the sale of Tessella, we have been entirely focussed on maximising this opportunity, the scale of which is very significant indeed.”