Ramsdens Corporate team, advised Andy Hayes on his recent acquisition of Oliver’s Mount Racing Ltd.
Oliver’s Mount road race circuit is England’s only natural ‘road’ race track based in Scarborough and many fans have likened the track to a ‘miniature TT by the seaside’.
Corporate partner Richard Dean commented: “We were delighted to have assisted Andy in this acquisition. It was an interesting transaction to work on as the sellers were Eddie Roberts and Mick Grant, two well-known Isle of Man TT racers from the 70’s and 80’s, and who founded Oliver’s Mount Racing Ltd and brought racing back to Scarborough in 2018. This transaction is an example of the value that we can add to our clients. We wish Andy and his wife Wendy, who will be joining Andy as a shareholder and director, every success for the future and we look forward to seeing the track continue to grow.”
Andy Hayes said: “I think you have given excellent service, been good value, very pleasant and supportive to deal with and as I stated on the phone to you, it is my honest belief that this situation had not worked out anywhere near as favourable without your valuable input.”
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