Deal Log: July 2019

 

MJ Hudson has acted and advised on a wide variety of deals over the last six months – see below some of our highlights.

 

Endless LLP

Advising Endless LLP from establishment to final closing of Enact II, securing total commitments of £30 million. The Fund will provide transformational investment of up to £5 million in UK SMEs. Commitments to Enact II were secured from a mix of investors in Enact I and a select number of new investors, alongside commitments from the wider Endless team through a parallel co-investment fund.

Maven Capital Partners LLP

Advised Maven Capital Partners from establishment through to final closing of their debut institutional private equity buyout fund, securing total commitments (including co-investment vehicles) of £100 million. The Fund targets management buyout opportunities in UK companies with an enterprise value of £10 million to £40 million and has already made several investments.

EXOR Seeds

MJ Hudson advised Exor Seeds in respect of its lead investment in Fiit, the business behind a popular personal training app, as part of its Series A funding round, pursuant to which it raised around £6.5 million.

Preservation Capital Partners

MJ Hudson advised Preservation Capital, a financial services-focused private equity firm, in connection with the structuring of its acquisition of insurance businesses Bay Risk Services and Cove Programs.

Assent Building Control Limted

Advised Assent Building Control Limited, the national Construction Industry Council (CIC) Approved Inspector, on the acquisitions of LB Building Control Limited and Oculus Building Consultancy Limited.

Kimera Limited

MJ Hudson advised longstanding family office client Kimera Limited in respect of its debt, equity and fund investments across multiple jurisdictions, including Fever Labs and i-Nurture Education Solutions.

Duam Investments Limited

MJ Hudson advised family office Duam Investments in respect of its £1.8 million follow-on investment in existing portfolio company Nobly POS, a business specialising in the development systems to support point of sale and back office functions in a variety of businesses.

Deal Log is produced by MJ Hudson  |  LAW and includes fund launches, transactions and similar activity that has been worked on by MJ Hudson. We provide expert legal advice to fund managers and investors, as well as participants in private equity, venture capital and M&A transactions. We work across the full spectrum of private markets and beyond, with a focus on alternatives and asset management. Clients praise our entrepreneurial approach, commercial outlook and dedication to helping our clients achieve their objectives, regardless of the obstacles.