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Mills Selig advises Questel SAS on its acquisition of RenewalsDesk Limited

Mills Selig advises Questel SAS on its acquisition of RenewalsDesk Limited

Mills Selig was delighted to advise French headquartered Questel SAS, a global intellectual property solutions provider on its initial 51% acquisition of UK based RenewalsDesk Limited, an online direct-to-consumer patent renewals service.

Charles Besson, CEO, Questel said:

“By combining RenewalsDesk’s online patent renewals service and our suite of Intellectual Asset Management software, Questel strengthens its unique value proposition dedicated to mid-size and small organizations. We are delighted to have completed this transaction and look forward to working alongside John [Keogh, RenewalsDesk Founder] in continuing to grow the RenewalsDesk business in the coming years.

The Mills Selig team provided us with concise commercial advise on this transaction that ensured a deal was struck that worked for both parties whilst ensuring that Questel have an option over the remaining 49% of the business. We look forward to working with Chris, Darren and the Mills Selig team again in the future.”

Chris Guy, Director and Head of Corporate at Mills Selig said:

“This is an excellent acquisition for our client Questel, significantly strengthening its service offering, expertise and market position. With this acquisition Questel accelerates its successful strategy of transforming the IP industry by providing centralized, secure, and cost-effective IP services across the entire innovation lifecycle. It was great to work with Charles and Frédéric [Tcherneian, Questel Finance Director] and we look forward to watching the RenewalsDesk brand’s continued growth as part of the Questel group.”

Chris Guy was supported by senior associate Darren Marley with additional assistance from Emma McCloskey (all Corporate) and Andrew Edwards (Employment).

For further information on Mills Selig’s legal expertise and how we can help your organisation, click: https://bit.ly/MillsSeligExpertise  

Questel is a true end-to-end intellectual property solutions provider to more than 6,000 clients and 1M users across 30 countries. Questel offers a comprehensive software suite for searching, analyzing and managing inventions and IP assets. Questel also provides services throughout the IP lifecycle, including prior art searches, patent drafting, international filing, translation, and renewals. These solutions, when combined with Questel’s IP cost management platform, deliver clients an average savings of 30-60% across the entire prosecution budget.

RenewalsDesk is the first online direct-to-consumer patent renewals service that allows you to sign up directly online and start making patent renewals immediately, no matter how many or how few patents you own. The company’s goal is to provide an automated and easy specialist service for keeping track of, calculating, and paying your regular patent renewal fees such that companies and individuals can carry out renewals without legal assistance, thus making significant cost savings.

The Mills Selig team provided us with concise commercial advise on this transaction that ensured a deal was struck that worked for both parties whilst ensuring that Questel have an option over the remaining 49% of the business. We look forward to working with Chris, Darren and the Mills Selig team again in the future.” 

Charles Besson, CEO, Questel

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