In May 2025, Newicon Limited, a design-led software and AI engineering business, was sold to Linebreak (Technology UK) Limited. The deal marked a major milestone for founders Steve O’Brien and Mark Probert, positioning Newicon for the next stage of its growth.
Hybrid Legal acted for the sellers, guiding them through the full sale process. Mike Duggan and Shelly Stemp led the deal, with support from the wider team, managing the due diligence, contract negotiations, and ensuring the transaction ran as smoothly as possible under tight timelines.
Steve O’Brien said the process was intense at times but felt well managed with Hybrid by his side. He praised Mike and Lauren for their commitment and responsiveness, saying it was invaluable to be able to pick up the phone and get clear advice whenever needed.
Steve also felt reassured by Hybrid’s fixed-fee approach, which took away the stress of spiralling legal costs. He said the service represented good value for money given the scope of work involved.
“Working with Hybrid was reassuring and smooth during what could have been a very intense and stressful process. Mike and Lauren really stood out – they worked incredibly well together, and it was invaluable being able to pick up the phone to Mike when needed.
The fixed fee structure gave me confidence, especially when the legal side of a transaction can often feel like it’s spiralling. The team were diligent, intelligent, and always on it. I’m grateful to Mike, Lauren, and the wider team at Hybrid for all their support.”