02 Dec 2011 | 10:32 am |
International law firm Pinsent Masons has advised mid-market private equity firm LDC on its investment in the high-growth software business Kirona Group.
Cheshire based Kirona supplies software solutions which assist organisations to deploy their mobile staff more efficiently. Customers include MITIE and over 50 housing and property service firms. Kirona is looking to use the LDC investment to double in size. The deal is LDC’s thirteenth of the year and its third in the north west.
LDC investment director, Jonathan Bell commented, “Kirona benefits from positive market growth dynamics resulting from continued smart phone and handheld technology growth and combined with developments in mobile solutions which are taking employee productivity and efficiency to new levels.”
The Pinsent Masons team advising LDC was led by Corporate Partner Gregg Davison, assisted by Andrew Phillips and James Thompson. Commenting on the deal, Gregg Davison said: "We are delighted to have assisted LDC with its latest investment in the high tech industry. We wish David Murray and his team every success with Kirona and their new business partners LDC “
This is the third deal Pinsent Masons has advised LDC on this year, having advised on the investment in musicmagpie.co.uk and the £40m management buy-out of Learndirect earlier in the year.
Multinational law firm Pinsent Masons has appointed litigation partner Melanie Ryan to join its Global Investigations team in London.
Law firm Pinsent Masons MPillay has advised Swiss-based infrastructure investment manager SUSI Partners on its investment in Alba Renewables to build a renewable energy infrastructure business focused on The Philippines.
Multinational law firm Pinsent Masons has advised Italian producer of hotel essentials La Bottega on its acquisition of a majority stake in Australian company Vanity Group.
Law firm Pinsent Masons MPillay has advised Swiss-based infrastructure investment manager SUSI Partners on its investment in Alba Renewables to build a renewable energy infrastructure business focused on The Philippines.
Pinsent Masons has advised Bestinver Infra, FCR on the acquisition of the remaining shares in N6 (Concession) Holdings Limited and N6 (Operations) Ltd, with Japanese co-investor Daiwa Energy & Infrastructure Co. Ltd.
Multinational law firm Pinsent Masons has advised Sandoz on the acquisition of the remaining shares in Rowex Limited, a joint venture in Ireland between Sandoz and Rowa Pharmaceuticals.
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