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Dla piper advises H.I.G. Europe on acquisition of adelie foods

23 Mar 2015

DLA Piper has advised H.I.G. Europe (H.I.G.), the European arm of global private equity firm H.I.G. Capital, on the acquisition of Adelie Foods.

Adelie is the UK's leading Food-to-Go business and serves a number of well-known food retailers such as Sainsbury's and Boots as well as several of the UK's largest coffee shop chains. It was previously owned by India Hospitality Corporation (IHC), led by entrepreneurs Ravi Deol and Sandeep Vyas who will maintain a minority equity holding.

DLA Piper represented H.I.G. on both the acquisition of Adelie and the on-going minority equity holdings.

The DLA Piper team comprised Private Equity partner David Raff, Debt Finance partner Alex Griffith and senior associates Oliver Williams and John Pryor.

David Raff commented: "We are delighted to have advised H.I.G., a longstanding client of the firm, on this acquisition and we look forward to working with them again."

Paul Canning, Managing Director of H.I.G. Europe, said: "This was a complex transaction from a legal perspective and we were delighted to have DLA Piper alongside us to help navigate through the deal issues."

Matter Type
M&A: Acquiror's Counsel
Industry
Fund/Investment Management
News Category
M&A