MHA Moore and Smalley provides transactional tax advice to Wheelbase as JD Sports Fashion take a majority stake
MHA Moore and Smalley have provided tax advice to a premium bicycle retailer, Wheelbase, on a significant investment by JD Sports Fashion.
Wheelbase is located in the North of England, with 45 employees and three stores across the region, including the UK’s largest cycle store in Staveley, Cumbria.
Rachael Marsdin, Tax Partner at MHA Moore and Smalley provided specialist tax advice to Wheelbase on the investment by JD Sports Fashion.
Rachel Marsdin commented, “After working with Wheelbase for many years, it’s fantastic to see them go from strength to strength and this investment by JD Sports Fashion is just another testament to the growth they have undergone in recent years“.
“It’s been a pleasure to provide tax advice to the financial team at Wheelbase throughout this acquisition and we are looking forward to seeing what they do going forward as they continue to expand“.