Hogan Lovells Advises on Sale of Halcyon Relocation Limited
22 July 2014
22 July 2014 - London – Hogan Lovells has advised the Sellers, Rupert Morley and Jeremy Beglin, on the sale of Halcyon Relocation Limited to UniGroup Worldwide UK Limited.
Halcyon Relocation Limited is the parent company of the Sterling Group, Europe's largest independent moving and relocation group. The Sterling Group offers relocation services to some of the world’s leading companies including major investment banks and professional services firms and has offices in the UK, France, Germany, Switzerland, Spain, Asia and the USA.
The Hogan Lovells team advising the sellers was led by London private equity partners Alan Greenough and Amit Nayyar, and Of Counsel Robert Darwin; with assistance from associate Suzy Penney.
Commenting on the transaction, Alan Greenough said:
"We are delighted to have been involved in bringing the Sterling Group and UniGroup together to create one of the largest global networks of relocation and moving services. The sellers will continue to serve as Sterling's President and Vice President of Sales and Business Development and this will help build upon the existing synergies between Sterling and UniGroup".
UniGroup Worldwide UK Limited was advised by Reed Smith LLP.