Olswang advised the shareholders of Autodata Publishing Group Limited, Europe's leading provider of technical information to the automotive aftermarket, on the buy-out of the company by mid-market private equity firm Bowmark Capital and Five Arrows Principal Investments, the private equity fund of the Rothschild Group, following a highly competitive auction process.

In addition to acting for the shareholders of Autodata on the sale, Olswang also advised the management team on their equity investment in the acquisition vehicle.

Established more than 40 years ago, the Maidenhead company is well known for its supply of high-quality up-to-date information covering more than 80 vehicle manufacturers and 17,000 models, and will be rolling out its new web application across Europe throughout 2014.

Autodata Chief Executive, Rod Williams, said: "We are delighted to have completed this transaction, and look forward to continuing Autodata's strong record of growth by further expanding our product range and geographic footprint - both organically and by acquisition - with the support and financial backing of Bowmark and Five Arrows."

Chris Mackie, corporate partner at Olswang who led the team advising the shareholders and management of Autodata said, "Autodata has an excellent reputation in its field and this transaction is the next step in the company's development. We see continued growth for Autodata throughout Europe, and look forward to continuing the relationship."

The Olswang team was led by Chis Mackie, with assistance from Joanna Hewitt, Georgina Ball and Ben Taylor, with Mark Joscelyn and Robert Sartor advising on tax.