BDB acts for Harwood Capital on debt and equity investment
Bircham Dyson Bell (BDB) has acted for established client Harwood Capital, the UK private equity firm, in connection with an investment into the Pelsis Group, a UK provider of branded products to the pest control supplies industry.
The new investment, alongside additional funding from current shareholders LDC and Bluebay Asset Management, contributed towards the synergistic purchase of the Curtis Gilmour Group, a global brand in pest management products.
BDB were assisted with US aspects of the transaction by Carmody Torrance Sandak & Hennessey. Walker Morris (UK) and Frederikson & Byron (US) acted for LDC and Proskauer Rose acted for Bluebay.
The BDB team acting on the transaction was led by corporate partner Nick McCarthy and legal directors Robert Chidley and Andrew McGlashan, assisted by associate, Rebecca Arnheim. Real Estate advice was provided by senior associate Sarah Godfrey.
James Agnew, partner at Harwood Capital, comments:
‘Harwood are pleased to have closed this multi-faceted and multi-jurisdictional transaction and look forward to working alongside the incumbent key stakeholders to drive the combined Curtis Gilmour and Pelsis business forward. BDB provided commercial and proactive advice and managed the transaction well with the other professional advisers.’
Nick McCarthy, partner at BDB, comments:
‘BDB’s in-depth knowledge of the client, their internal processes and their commercial drivers meant that we could offer tailored advice on various aspects of this complex transaction. We wish them every success with their new investment and look forward to working with them again in the future.’