Metis Partners was appointed by Wilkins Kennedy to sell the IP assets of Mongoose Cricket Limited from financial distress.
Mongoose Cricket Limited was incorporated in 2009 by inventor Marcus Codrington Fernandez and specialized in the design and manufacture of cricket bats. The business marketed and sold two key products, which had been both endorsed internationally by several prominent cricketers and used in the professional game.
IP Assets Sold
- Design rights
- Organizational knowledge
- Registered trademarks
- Website content & domains
Highlight of this IP Sale
Metis Partners conducted a global marketing exercise, reaching a targeted database of more than three thousand parties. We facilitated a successful sales process through to legal completion and as a result Mongoose Cricket now continues to successfully trade. The continuation of this business is good for sports and good for the wider community - the business has gained positive media exposure, including for its commitment to invest a minimum of 20% of profits into community sports projects.