LONDON and NEW YORK, March 3, 2026 – Proskauer advised Mark Brown, President and CEO of Purbeck Capital Partners, a U.S. family office, in connection with the agreement to acquire leading slot car racing brand Scalextric from Hornby Hobbies Limited (“Hornby”), a portfolio company of Castelnau Group Ltd. Hornby has agreed to the sale of 100% of the Scalextric business, including its intellectual property and associated assets, to Scalextric Motorsports for a total consideration of £20.0 million. Completion of the sale is conditional upon certain consents, with completion expected to occur in early March.
Scalextric Motorsports has been established by Mark Brown to be the holding company of the Scalextric business in the future. Brown has extensive experience in brand growth, capital allocation and operational execution and as part of the transaction, he has agreed to an ongoing role helping Hornby with its wider strategic transformation.
The Proskauer team was led by partner Stephanie Heilborn (Private Client Services) and associate Cathy Bellhouse (Private Equity M&A). It also included partner Steven Davis and associate Craig O'Malley (Private Equity M&A); partner Dannii Abel and associate Emma McDonnell (Tax); partner Oliver Howley and associate Jiyoon Kim (Technology, Media & Telecommunications); and special international labor & employment counsel Nicola Bartholomew and special international labor, employment & data protection counsel Kelly McMullon (Labor & Employment).
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