Dechert LLP advised long-standing client Quilvest Private Equity, the private equity arm of the Quilvest group, on its acquisition of global micro-specialist recruitment firm Phaidon International.

Quilvest’s investment will continue the development of Phaidon International by using its global network to support the company’s expansion abroad. Financial terms of the transaction have not been disclosed.

With approximately $36 billion of assets under management, Quilvest is a leading global independent wealth manager and private equity investor dedicated to wealth preservation and generation.

Phaidon International, parent company of five micro-specialist recruitment brands, operates globally across offices in 10 locations to identify talent to place in the Science, Technology, Engineering and Mathematics (STEM) sectors.

The deal involved a Dechert transatlantic team of more than 20 attorneys from our private equity, tax, real estate, finance and IP practice groups led by corporate partners Ross Allardice, Christian Matarese and Mark Thierfelder, and included tax partners Jane Scobie and Daniel Dunn, as well as corporate associates Tony Brown and Jamal Tuhin.