Buckny Hydro Scheme Transaction – Collaboration between EQ Accountants and Sumer Law
Background
EQ Accountants introduced Sumer Law to assist in the sale of 50% of the share capital in Buckny Hydro Scheme Limited, a renewable energy company operating in Scotland. The sellers were made up of a family group, including members of the Tennant family and the trustees of the Stella Tennant Will Trust, who wished to exit their shareholding, allowing the remaining shareholders to continue running the company with a new incoming investor. This transaction was part of a broader succession and restructuring process supported by EQ.
Outcome
Sumer Law provided end-to-end legal advice and transaction management, working alongside EQ to ensure the sale process ran smoothly. We played a pivotal role in liaising with multiple parties, including two sets of sellers, buyers, trustees, and agents. Despite these complexities, the deal was completed on schedule. Our proactive approach, coupled with EQ’s financial expertise, ensured that risks were mitigated, and the sellers achieved their objectives efficiently.
Added Value
Sumer Law’s corporate team provided tailored advice to safeguard our clients’ interests throughout the sale process, including drafting and negotiating key transaction documents and addressing potential risks early on. Our understanding of the family’s priorities and the trust structure ensured that sensitive matters were handled with care and commercial awareness, delivering a result that exceeded client expectations and further strengthening the collaborative relationship between EQ and Sumer Law.
At Sumer Law, we combine deep expertise with a practical, problem-solving approach to help businesses navigate complex legal matters with confidence. Our team of corporate, commercial, and employment law solicitors work closely with clients and their advisers to provide clear, focused solutions that protect interests and unlock opportunities.
We believe in building trusted partnerships, guiding clients through every step of the process while removing legal complexity and offering genuine support. Whether managing share sales, structuring investments, or safeguarding businesses through tailored legal advice, our team is committed to delivering outstanding results.
If your business or your clients require proactive and commercially astute legal support, get in touch with our team today.
