Travers Smith LLP has advised longstanding client Inflexion on the acquisition of a majority stake in dss+ from Gyrus Capital.
dss+ is a global business headquartered in Switzerland that supports clients to reduce risk, transform culture, maximize impact and improve sustainability by operating more responsibly. The business is primarily focused on consulting to high-risk industries where safety, culture transformation, operations and sustainability services are mission critical. dss+ operates in a large market which is growing as firms are increasingly focussed on ESG and sustainability worldwide. The firm will work with Inflexion to address this growing demand by enhancing its offering both organically and through M&A in a fragmented market.
Travers Smith has a strong recent track record in advising Inflexion on many high-profile transactions, having also recently advised Inflexion on its investment in Proteros Biostructures GmbH.
The Travers Smith team was led by Head of Private Equity & Financial Sponsors Lucie Cawood and Partner Genna Marten, with debt advice led by Head of Leveraged Finance Matt Ayre. Support was provided from Private Equity & Financial Sponsors Senior Associates Matt Powrie and Eric Van Winssen and Associates Jess Cragg, Nehemiah Odunlami, Matt Dempsey and Alex Dawson and Finance Senior Associate Michael Leadbeater. Specialist advice was provided by Tax Partner Simon Skinner and Senior Associates Sivanti Devakumar and Kyle Rainsford.
Walder Wyss, with a team led by Corporate Partner Urs Gnos and Finance Managing Associate Roger Ammann, advised Inflexion on the Swiss law aspects of the transaction.
The transaction is subject to regulatory approvals.