Alaris advised the owners on the sale of Capitus to Gateley PLC, an AIM-listed legal and professional services group. The acquisition of Capitus was part of a wider growth strategy for Gateway PLC which aimed to selectively acquire businesses offering complementary professional and other specialist services.
Capitus is a property tax advisory business in Northern Ireland.
Gateley chief executive Michael Ward said: ‘Capitus is a recognized and highly respected tax incentives advisory business and I am particularly excited by the additional expertise and cross-referral opportunities the business will bring to the group.’
The co-founders of Capitus, Kevin Meyer and Aubrey Calderwood said in a statement: ‘Our tie-up with Gateley, which we believe to be the first between an RICS regulated firm and a full-service national law firm, gives us access to this expertise and provides us with many additional commercial opportunities.’
"I wanted to thank you very much for all your efforts to get it across the line. There were plenty of times when I didn’t think it would complete, however, with the assistance of Alaris, we were able to navigate our way through the issues and reach an agreement”
Director, Capitus Limited