Lawyers from Carey Olsen's corporate and finance group in Guernsey have advised London-based Inflexion Private Equity on its minority investment in fleet payments and telematics provider Radius Payment Solutions.
Inflexion has invested £150 million in Radius, with the deal valued at £800 million, through its Partnership Capital Fund. Its investment will support Radius' growth, while helping to accelerate sales worldwide.
Partner Andrew Boyce led the Carey Olsen team advising Inflexion on all the Guernsey legal aspects of the deal and associated finance facility, with assistance from Associates Rachel de la Haye and Jamie Oldfield.
Their advice included structuring and establishing the acquisition entities and assisting with the negotiation and implementation of the deal documentation.