Stuart Hendry

Senior Partner & Founder


Stuart Hendry
LLB (Hons.).
Notary Public.
Law Society of Scotland
Practice Areas
Regulatory Compliance
Start Ups
Capital Raising
Mergers & Acquisitions

Stuart is an award winning lawyer, a co-founder of the firm and became its Senior Partner on its tenth anniversary in 2015.

Stuart is still very actively involved with client work at MBM Commercial and divides his time between his Scottish and London client bases. Acting as legal adviser to numerous investors, technology companies, entrepreneurs and business owners, Stuart regularly deals with a wide range of corporate, corporate finance and M&A deals. He is often retained to help clients plan ahead for specific events, such as a major funding round or company sale. Stuart is regularly involved in deals involving VC funds, mezzanine debt providers, overseas acquirers, trade investors, business angel syndicates and academic institutions.

The focus at MBM is to add real value and Stuart has helped initiate several deals, matched investors to client companies and helped companies complete their management teams.

Stuart is ranked in the independent Chambers UK Guide as a “Leader” in the field of Corporate / M&A.

In 2011 Stuart was named the Corporate Lawyer of the Year in the Scottish Legal Awards, in recognition of his focus on deal-making and contribution to the technology sector.

He has a Masters Degree in Information Technology and Telecommunications Law and is a regular guest speaker at events and seminars on investments, deal-making and complex commercial contract issues. This has included running Investment Masterclasses for Scottish Enterprise and its cohort intakes of high growth companies as well as running external CPD seminars for third party lawyers on corporate deal-making and complex contract negotiation issues. During the Scottish Independence and Brexit Referendums Stuart ran a series of events in conjunction with Edinburgh University to explore the impact of a ‘Yes’ or ‘No’ vote on entrepreneurial businesses. More recently Stuart has organised and chaired ‘Series B and Beyond’ investment conferences in Edinburgh and London.

Personal Biography

Stuart spends a lot of his personal time with his family – mainly as their taxi driver. He also tries to keep fit, reduce his golf handicap (without much success!) and improve his technique on the ski slopes. Talking about off-piste powder snow-boarding gets him very excited!

“Stuart is extremely knowledgeable and incisive. He is a good negotiator, he's pragmatic and he's a great man to have in your corner.“
“Stuart is outstanding – his depth of knowledge and experience in acting for young high growth businesses is extraordinary.“
“I go to him because I like to have the better informed and more diligent lawyer on my side of the table.“
“His commercial vision is consistently very strong. We owe a great deal to Stuart for his work with us.“
“Selling a company is probably something you do once in a working lifetime, and it is critical you do it right, MBM expertly guided us through this process. Having such an experienced and professional team by your side every step of the way was extremely reassuring and ensured a very distracting experience was brought to a successful and beneficial conclusion.“

Legal Experience

  • Advising Hamilton Waste & Recycling, one of the leading independent providers of resource management services in Scotland, on its sale to Biffa;

  • Advising Origo Services, one of the leading and oldest UK fintechs, on its sale to and PE investment from Vespa Capital;

  • Advising Quorum Cyber Security, one of the UK’s fastest growing cyber-security companies, on its sale to and PE investment from Livingbridge;

  • Advising C.J. Lang & Son (Spar Scotland) on its acquisition of the Scotfresh Group;

  • Advising on the acquisition of IceRobotics by Peacock Technology and the group’s ongoing investment rounds;

  • Advising on the acquisition of Preoday by QikServe and the group’s ongoing investment rounds;

  • Advising Roylance Pharma on its sale to US acquirer, Infinity BiologiX;

  • Advising Sensewhere on Series B corporate venture fundraising from Tencent and then on its sale to Huawei;

  • Advising Money Dashboard on Series A fundraisings by Calculus Capital and Crowdcube and then on its sale to ClearScore;

  • Advising Codeplay Software on Series A EIS and VCT funding from Foresight and on UK aspects of its sale to US acquirer, Intel;

  • Advising Archangel Investors in the Series A and B fundraisings of Calcivis (raised >£18m);

  • Advising Celtic Renewables on its UK and US investments (raised >£40m);

  • Advising Current Health on Series A funding round from ADV, MMC and others;

  • Advising Maven Capital on Series A VCT funding of BioAscent;

  • Advising Calnex Solutions on international acquisition of IP product line;

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