Mishcon de Reya's Private Equity team has acted for the senior management team (Andrew Hudson and Matt Britton) of outdoor adventure business "Zip World", an LDC portfolio company, in its successful £100 million sale to Dolphin Capital.
This transaction marks a significant milestone for Zip World and its management, and we are proud to have played a role in facilitating this important deal.
The Mishcon de Reya team was led by Nadim Meer with support from Associates Karine Bashardust and Alex Sandwell.
Nadim Meer commented: "Zip World is an excellent business with a strong management team. We were proud to have been selected by Andrew and Matt to represent them."
Andrew Hudson, CEO of Zip World, commented: "The Mishcon Private Equity team appealed to us for a number of reasons – most importantly their independence and dedicated offering for management teams. This set them apart from other law firms. Their specialism in the field shone through."
When speaking about what this means for Zip World, Andrew said:''This is just the beginning of what we hope will be a big year. We're thrilled to be opening in London and expanding our offering to communities across the UK, but north Wales remains at the heart of our company - it's where it all started and it's why we are continuing to reinvest in more adventures for the area."
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