Taylor Wessing advises on slice of Pi
Taylor Wessing's Private Equity team in London has advised Pi Capital on a transformational deal, under which Bank of Scotland's Growth Equity team has taken a 19.9pc stake in the private equity firm.
This strategic investment by Bank of Scotland will give Pi access to the Bank's pipeline of investment opportunities, thereby enabling the company to expand its portfolio beyond growth equity and into alternative assets such as property, distressed debt and other forms of financing.
For Bank of Scotland, the investment allows access to Pi's network of around 250 of some of the UK's most successful and influential business leaders, entrepreneurs, and financiers.
The Taylor Wessing team advising Pi comprised Private Equity partner, Nick Hazell together with Max Remington-Hobbs.
Pi was also advised by Robert Pfeiffer of Compass Advisers. BoS was advised by James Shaw of Brown Rudnick.
Notes to editors
For more information please contact Claire Treacy at Taylor Wessing LLP:
Tel: +44 (0)20 7300 4925
Email: c.treacy@taylorwessing.com
Taylor Wessing LLP is a leading law firm providing legal support for commercial organisations doing business in Europe. Based in Belgium, France, Germany and the UK, Taylor Wessing provides the full range of legal services to major corporations and growing enterprises. Taylor Wessing boasts a strong reputation in the corporate, finance and real estate sectors alongside in-depth experience across the full range of legal services including intellectual property and technology, tax, litigation & dispute resolution, employment & pensions and private client.
Pi Capital is a private equity firm investing in profitable UK centric companies looking to undertake buyouts / development capital / roll outs / buy and builds requiring between £2 million and £5 million of equity and which have an enterprise value of up to £20 million.