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Travers Smith LLP has advised longstanding client Equistone Partners Europe ("Equistone") on its investment in the Willerby Group. Equistone has acquired a majority stake in Willerby investing alongside management.

Travers Smith LLP has advised long-standing client TA Associates (“TA”), a leading global growth private equity firm, on its investment in Biocomposites.

Travers Smith LLP has acted for Numis Securities Limited and Goodbody Stockbrokers as joint brokers and underwriters and Numis Securities Limited as nominated adviser in connection with the proposed £100 million placing and subscription (the "Fundraising") by Draper Esprit plc ("Draper Esprit").

Travers Smith LLP has acted for Numis Securities Limited in its capacity as sponsor, broker, underwriter and joint financial adviser in connection with the proposed £200 million firm placing, placing and open offer, and offer for subscription (the capital raising) by IP Group plc (IP Group).

After April 2017, all large UK companies will be required to report on their payment practices and performance. This new requirement is one of a number of ways in which the government is trying to tackle the problem of late payment for small and medium enterprises.

The High Court has today sanctioned a scheme of arrangement by which Severn Trent Water will acquire all the voting shares of Dee Valley Group plc.

Travers Smith LLP has advised long-standing client Lyceum Capital ("Lyceum") and management on the sale of Clearswift, the global digital security software company to RUAG, a Swiss technology company active in defence and security across Europe, USA and Asia.

Travers Smith has advised Duncan Lawrie Private Bank on the sale of its loan book and the sale of its wealth management business, Duncan Lawrie Asset Management, both of which were announced on 19 December 2016. Duncan Lawrie Private Bank is a subsidiary of long-standing Travers Smith client, Camellia plc.

Travers Smith has advised new client Paymentsense, the leading card processing services provider, on its £110m refinancing and equity capital restructuring with debt finance provided by CVC Credit Partners and EQT Mid-Market Credit Fund. Paymentsense provides card processing services to more than 50,000 small and medium-sized businesses and has processed in excess of £5bn transactions in the last year.

Travers Smith LLP has advised Shore Capital and Panmure Gordon in their capacities as sponsor and joint bookrunners and Stifel Nicolaus Europe (trading as Keefe, Bruyette & Woods) in its capacity as placing agent in connection with the £70 million firm placing and placing and open offer of new shares by Chesnara plc in connection with its acquisition of Legal & General Nederland Levensverzekering Maatschappij N.V. for €160 million.

Travers Smith LLP has advised longstanding client Bridgepoint and management on the sale of Oasis Dental Care, the UK's leading private dental services provider to BUPA, in a transaction valuing the business at £835m.

Travers Smith LLP has advised longstanding client Clearbell Capital LLP on its acquisition of Belgrade Plaza in Coventry for £16m. This is the second mixed-use scheme in Coventry to be purchased by Clearbell on behalf of a fund it manages in two years following their acquisition of Earlsdon Park in 2015, which Travers Smith also advised on.

Travers Smith LLP has advised a newco funded by longstanding client Bridgepoint Development Capital on its acquisition of Inspiring Learning from aPriori Capital and Ares Management for an undisclosed sum.

Travers Smith LLP has advised the UK arm of Qatari investment firm BTC on its purchase of the former Bow Street Magistrates' Court and Police Station site in Covent Garden with planning consent for a 100-bedroom luxury boutique hotel.

Travers Smith LLP has advised long-standing client Pret A Manger on a significant upsizing and amend/extend of their senior debt facilities, which included the addition of approximately £227m of new commitments to refinance existing shareholder debt and to support expansionary capex.

Travers Smith LLP has advised TA Associates (“TA”) on the sale of its interest in Cath Kidston to Baring Private Equity (“Baring”).

Travers Smith LLP has advised Marlin Equity Partners ("Marlin") on its acquisition of a majority interest in QualiTest Ltd ("Qualitest"). A minority stake was retained by QualiTest President Ayal Zylberman.