(4 December 2017) – Reed Smith is proud to announce that it was named Private Equity Team of the Year at the British Legal Awards 2017. The award represents yet another milestone which builds on the significant growth of the firm’s transatlantic private equity practice.
The firm was named the winner in the private equity category for its role advising Graphite Capital, a leading UK mid-market private equity investor, on the sale of Micheldever Tyre Services to Sumitomo Rubber Industries Ltd (SRI) for £215 million. The sale was made for £215 million, 3.7 times the original investment made by Graphite in 2006.
Reed Smith’s private equity and financial services teams worked together to transition the matter from KWM in January, harnessing cross-practice expertise to complete the acquisition. The team was led by Reed Smith private equity partner Laura Brunnen and private equity senior counsel Martin Bowen, alongside finance partner Nick Williams and corporate associates Nikki Delaney and Dan Mulligan.