A team from Hammonds Leeds office has advised the shareholders of Walker Group Limited on the sale of its entire issued share capital to Westvale Leisure Ltd for an undisclosed sum.
Walker Group, which was headed by Mark Lipinski, trades under the name “Walkers” and operates a chain of Bingo clubs across the Midlands and the North of England. The former management shareholders, Mark Lipinski (Managing Director), Tony Moore (Finance Director) and Greig McGill (Operations Director), acquired the group by means of an MBO in March 1999 with backing from RBDC Investments Limited (led by Robin Powell).
The Hammonds team in Leeds was led by Jonathan Jones assisted by Jayne Aarons and Sally Davies (corporate) who acted for the shareholders on the sale, which included the institutional investor RBDC Investments Limited.
