Finance Monthly - October 2023

About the Deal Mackrell Solicitors advised the shareholders of OJ Health and Safety Solutions (OJ) on its securing of a significant investment from Newable Compliance. Founded in 2007 and based in Ossett in West Yorkshire, OJ is a health and safety consultancy company that offers training, consultancy and assessment services to clients in the UK. The firm has developed a retained service package consisting of one-to-three year agreements to deliver 24-hour support to clients, with additional offerings including fire safety, asbestos surveys, health assessments and accident investigations. The deal sees Newable Compliance acquire a majority stake in OJ. Newable Compliance provides long-term strategic investment to businesses with a focus on supporting SMEs in meeting their compliance obligations, targeting investment in three to four such businesses on an annual basis. With this acquisition, Newable Compliance expands its investment portfolio and provides OJ with the necessary resources to extend its services to a wider audience of SMEs. Mackrell Solicitors advised the shareholders of OJ with a team led by consultant solicitor Guvvy Sandhu and corporate associate James McKimm. NEWABLE COMPLIANCE Invests in OJ HEALTH & SAFETY SOLUTIONS Legal Advisor to OJ Health and Safety Solutions: Transaction Reports 76 Finance Monthly.

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