Travers Smith LLP has acted for Peel Hunt (in its capacity as sole bookrunner) on a £64 million placing by Inspecs plc by way of an accelerated bookbuild.
Inspecs plc is a leading designer, manufacturer and distributor of eyewear frames. The placing will be used to part fund its conditional acquisition of the equity interests in Eschenbach Holding GmbH.
The Travers Smith team comprised Head of Corporate M&A and ECM, Philip Cheveley and Corporate Associate, Jade MacDonald.
Inspecs plc was advised by Macfarlanes.