Quastels has advised Rev Corp Ltd (“Rev Comps“) on the sale of its business and assets to Winvia Entertainment (“Winvia“), a technology-led entertainment group.
Rev comps is a digitally-driven UK prize competition platform which has build a strong reputation in its market, underpinned by a highly engaged customer base and consistent commercial performance. The transaction represents a significant milestone for the business, enabling it to benefit from Winvia’s proprietary technology and broader growth platform.
Under the agreement, Winvia will pay £11.8m in cash in three instalments. Following completion, key members of the Rev Comps team are expected to remain involved in the business, supporting continuity and future development as part of the Winvia group.
Quastels advised Rev Corp Ltd on all legal aspects of the transaction. The team was led by Ben Gale (Partner, Corporate), and supported by Charlotte Vallins (Partner, Commercial Real Estate), Ann-Maree Blake (Legal Director, Commercial), Jamie Crocker (Solicitor, Corporate), Ramona Bakshi (Solicitor, Employment), Patrick Higgins (Solicitor, Employment) and Imogen Burrows (Trainee, Corporate).
Gerald Edelman acted as corporate finance advisers to Rev Corp Ltd.
Comment
“We are delighted to have supported Rev Corp Ltd on the agreed sale of its business and assets to Winvia. Rev Comps has built a strong platform with an engaged customer base and a compelling position in a fast-evolving sector. The transaction reflects the quality of the business and provides a clear pathway for its next stage of development. It was a pleasure working alongside the Rev Comps team and Gerald Edelman to successfully agree the transaction and we look forward to working with the parties through to a successful completion.”
– Ben Gale, Corporate
Client Testimonial
“Quastels – an incredibly efficient and personable law firm with a team that’s second to none.
I clicked with Ben and the team from our very first introductory call. This wasn’t your tyrpical lawyers’ meeting filled with cryptic lawyer jargon, it was approachable, clear and refreshingly straightforward. Ben and the team were relatable and easy to talk to. We discussed the deal in detail, but what really stood out was the ability to have light-hearted conversations alongside the more serious aspects – that’s what really set Quastels apart for me.
The beauty of this whole experience was Quastels’ ability to cater to our needs. I hate back-to-back phone calls and endless meetings. Ben realised this early, and we quickly established a straightforward and modern way of working. The flexibility and responsiveness set Quastels apart form my previous experiences with lawyers.
We were able to exchange on the deal in record time, and I firmly believe this was not only due to the fantastic team at Quastels, but also the speed and efficiency of communication.
Both sides needed to get the deal over the line quickly for various reasons, and when it came to meeting that deadline, the team went above and beyond, working all hours to get it done. I was receiving updates from Ben at 3.30am on Sunday morning, the evening of exchange, a clear reflection of his commitment and work ethic.
Ben is someone you can rely on to knuckle down and make it count when everything is on the line. Quick replies to any questions and an attitude to work that is rare in the current world, Ben and the team really did look after us exceptionally well and we’ve had some laughs along the way too.
I wouldn’t hesitate to use Quastels again. They have been superb from start to finish and will be my go-to firm for any future legal work.
Thank you for helping make this deal happen, for protecting our position throughout and for the fantastic service, advice and professionalism (with some light-hearted banter mixed in with it) from start to finish. I can’t say enough good things about you all.”
– Robert Savage
