BDB Pitmans

08 October 2018

BDB acts for Stockdale Securities Ltd and Shard Capital LLP on a placing of shares to fund acquisition of Bright Bricks Holdings Ltd

Bircham Dyson Bell (BDB) has advised Shard and Stockdale in their capacity as joint broker to Live Company Group plc, in connection with a £3 million placing of shares to part fund the company’s acquisition of Bright Bricks, a leading UK-based builder of bespoke brick statues and touring events, for a total consideration of £8.5 million, and to provide additional working capital to the group.

Since its inception, LVCG has sought to build BRICKLIVE as a global children’s entertainment and education brand and has grown its global network to ten partners and to events in four continents.

The BDB team acting on the fundraise was led by corporate partner Nick McCarthy, assisted by legal director Andrew McGlashan and associate Rebecca Arnheim.