A Travers Smith team, led by Private Equity partner Ian Shawyer, has advised all selling shareholders, including Graphite Capital, on the sale of the award-winning residential developer, London Square Development (Equity) Limited to funds managed by Ares Management LP for an equity value of £110 million.

London Square was founded in 2010 and is a developer of properties within the M25 motorway that encircles Greater London.  The company has completed developments in Shoreditch, Wimbledon and Ruislip. Aside from the Richmond Hill restoration and Fulham townhouses, London Square is currently working on gated apartment communities in Eastcote and Teddington, and apartment blocks in Parsons Green, Bermondsey and Putney.

The Travers Smith team advising on the transaction included Tax partner Russell Warren and Private Equity associates Moushumi Sharmacharja and Gemma Phillips.

Ares was advised by Latham & Watkins.