DMH Stallard advises Posturite on sale of e-learning subsidiary

10 Mar 2020

DMH Stallard acted for Posturite Limited, the UK-based market-leading ergonomics company that specialises in employee health and wellbeing, on the sale of Workrite, its specialist health and safety e-learning subsidiary.
 
WorkRite has been acquired by listed global software group, Ideagen PLC, and will strengthen Ideagen’s offering in the area of health and safety compliance; the listed group provides software and services to businesses in highly regulated markets such as aviation, banking and pharmaceuticals.
 
Abigail Owen, corporate partner, led the DMH Stallard team advising Posturite Ltd on the share sale.

Abigail said:
“The sale represents an exciting opportunity for the Workrite suite of products to be developed and distributed to an even greater global audience.  We have been fortunate to work with Posturite for many years, providing support for its legal needs as it has grown from strength to strength, and are delighted to have assisted on this transaction.”
 
Ian Fletcher-Price, CEO of Posturite, commented: “We are confident that this move will provide a springboard to further growth for Workrite, and Ideagen is a great fit and home for Workrite. Once again Abigail and the DMHS team have provided sage advice and support along the way, working with us to ensure the best interests of all parties.”

The DMHS team also included Giedre Doig (corporate), John Yates (commercial) and William Walsh (employment).

EMC Corporate Finance acted as corporate finance advisers to Posturite Limited.

Peregrine Law acted as lawyers for the buyer, Ideagen Plc.



 

Further reading

The PGA brushes with Anti-Trust law in the largest legal case in golfing history

Blog
10/08/2022
LIV golf and the PGA Tour are locked in a court battle that could decide the future of golf. Jonathan Compton reviews.
Read more Read

DMH Stallard’s London office has acted for First Equity Limited on the IPO of First Class Metals PLC

Blog, News & PR
09/08/2022
DMHS advised First Equity Limited, the broker, on all aspects related to the listing
Read more Read

What is spousal maintenance and how is it calculated?

Blog
08/08/2022
Family law expert Gemma Garrett explains what spousal maintenance is, its purpose and how it's calculated
Read more Read

Withdrawing a job offer

Blog
08/08/2022
Rebecca Thornley-Gibson explains how to minimise the risk of a claim from a prospective employee
Read more Read
  • Brighton - Jubilee St

    1 Jubilee Street

    Brighton

    East Sussex

    BN1 1GE

  • Brighton - Old Steine

    47 Old Steine

    Brighton

    East Sussex

    BN1 1NW

  • Gatwick

    Griffin House

    135 High Street

    Crawley

    West Sussex

    RH10 1DQ

  • Guildford

    Wonersh House

    The Guildway

    Old Portsmouth Road

    Guildford

    Surrey

    GU3 1LR

  • Hassocks

    32 Keymer Road

    Hassocks

    West Sussex

    BN6 8AL

  • Horsham

    Ridgeland House

    15 Carfax

    Horsham

    West Sussex

    RH12 1DY

  • London

    6 New Street Square

    New Fetter Lane

    London

    EC4A 3BF

  • Make an enquiry

    Make an enquiry

    Message

    Or head to our Contact us page