Eyes down as Milsted Langdon helps launch bingo business

MILSTED LANGDON has helped advise on the successful launch of Majestic Bingo.

The south-west firm’s corporate finance and business intelligence teams a range of services, including valuation, negotiation and modelling, as Majestic Bingo was formed off the back of two acquisitions, totalling a portfolio of 14 clubs for an eight-figure sum.

Majestic Bingo managing director Mark Jepp said: “This is an exciting new opportunity for me to bring my years of industry experience and offer a fresh approach to a highly popular leisure activity which has suffered in recent years from under-investment in the overall customer experience. Milsted Langdon provided tremendous support throughout the transaction in a clear and friendly, but highly professional way.”

Susannah Adams, corporate finance partner at Milsted Langdon, said: “This was a challenging transaction, but very enjoyable. It is a great example of a collaboration of expertise to achieve a highly successful outcome.”

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