TLT has advised Encore Capital, the London-based private equity investor, on its £2.5 million investment in Hive Online, a technology company which operates a promotions platform for fast-moving consumer goods brands.
The TLT team was led by corporate partner Jon Gill, with support from corporate associate Nina Searle and corporate solicitor Thomas Rees.
TLT's Jon Gill said: "Having worked with Encore Capital on a number of high-profile deals including their successful investment in Pure360, we were delighted to support them on this exciting growth capital investment. We are seeing a lot of appetite in the market for growth capital, particularly from technology based businesses that wish to scale quickly, and we wish both the Encore and Hive Online teams every success in their new partnership."
The transaction was led by Rajesh Shah and Dimitri Tzililis, Partners at Encore Capital.
Rajesh Shah commented: "TLT did a great job providing us with the high quality legal advice we required. We were impressed with their expertise and assistance throughout the transaction."
TLT has extensive experience advising clients on private equity. The team of specialists advise on a broad range of issues affecting investors, from mid-market buy-out houses through to venture capital funds, venture capital trusts and business angels.