Leicester law firm gets a slice of £24m pizza deal
Leicester-based Spearing Waite’s corporate and real estate teams have acted for Domino’s Pizza on its £24m acquisition of a 75% stake in its largest London franchisee with 25 stores.
The venture gives Domino’s a platform for accelerated growth in its most important market in the UK and Domino’s says it expect to increase the store portfolio from 25 to around 40 over the medium term.
Spearing Waite’s team was led by corporate partner, Oliver Brookshaw, and included solicitors James Sparks and Matt Bolton. The real estate side of the transaction was dealt with by partner, Erin Vickers.
Brookshaw said: “It was a pleasure to act for Domino’s Pizza and to be involved in the start of a new partnership between them and a key franchisee. We very much look forward to working with Domino’s in the future as it continues with its UK growth plan.”