Travers Smith LLP has advised HSBC Bank plc on facilities provided to support Inflexion Private Equity’s partnership capital investment in Outdoor Plus Limited.
Outdoor Plus Limited is a leading provider of high-profile, digital advertising sites in the UK, including electronic screens at The One Piccadilly Underpass and the City of London Gateway. Inflexion’s investment will help drive the future growth of Outdoor Plus through acquisitions and capital investment.
Rick Bodhani, Associate Director at HSBC, commented:
"Outdoor Plus has a unique portfolio of high quality digital sites in iconic London locations in a sector that is experiencing solid growth. Their ability to invest in and develop innovative digital solutions is recognised by advertisers to deliver high quality impacts and this, alongside Inflexion's investment, will allow the business to accelerate future growth."
The Travers Smith team was led by senior counsel Matthew Smith who was assisted by Will Sheridan and Henry Don.
Inflexion was advised by Addleshaw Goddard.