Mogers Drewett advises on property deal that puts fleet management firm on the road to further growth

November 15, 2023
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A fleet management company is expanding into bigger premises thanks to expert advice from Bath legal and financial planning firm Mogers Drewett.

Fleet Service GB, which provides a range of innovative driver and vehicle management services, has acquired three business units totalling 9,000 sq ft in the village of Notton, near Lacock.

The new premises will provide the firm, which employs about 40 people, with double the amount of operating space when it relocates from its current base in Corsham.

Fleet Service GB’s rapid growth has been fuelled by the success of its custom-built driver performance and vehicle management software.

Its market-leading technology provides businesses with real-time data on driver performance and vehicle maintenance, helping clients reduce their fleet operating costs and improve safety.

It manages 18,000 vehicles and drivers for a range of organisations, including leading housing associations and providers of transport services to the NHS.

The company acquired its new premises through its acquisition of site owner SDLS Property.

Mogers Drewett head of corporate and commercial Tom Webb, pictured, and Jenna Allsop, pictured, a senior associate in the firm’s commercial property department, advised on the legal aspects of the deal.

Fleet Service GB was also advised by Martin Crook, relationship director at Barclays Corporate Banking, which partially funded the SDLS purchase.

Mogers Drewett acted for Barclays as well, advising on its loan against the property. Bath-based accountants and tax advisers Richardson Swift also advised Fleet Service GB.

Fleet Service GB finance director Jeremy Jarvis, working alongside company commercial director Peter Hitt, said: “The advice we received from Mogers Drewett was excellent.

“We found them to be very responsive and clear, explaining things in plain language rather than using legal jargon. Tom and Jenna were really tenacious in their approach which ensured everyone involved operated to the same tight timescale.

“They worked very hard on our behalf to get us to the point where we could complete on the deal. We now have the premises we need to grow as we develop further our range of services to support and train fleet drivers.”

Tom Webb of Mogers Drewett added: “Fleet Service GB are a real local success story and it’s been a pleasure to work with them.

“At a time when many businesses are struggling with rising costs, Fleet Service GB are helping their clients reduce their fleet operating costs and improve driver safety and wellbeing.

"We wish them every success as they embark on the next exciting phase of growth in their new HQ.”

Mogers Drewett employs nearly 100 people across its offices in Bath, Frome, Sherborne and Wells providing a full range of legal services for businesses and individuals.

 

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