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Travers Smith advises ICG on its acquisition of the NSL Group

Overview

Travers Smith LLP has advised longstanding client ICG on its acquisition of the NSL Group from AAC Capital Partners. NSL will form part of the Marston Group, the UK's largest judicial services group, which was acquired by ICG in July 2016.

NSL provides outsourced parking enforcement services to local authorities and is the UK market leader in Civil Parking Enforcement.

The Travers Smith team was led by Private Equity partner Lucie Cawood who was supported by associates Jonathan Cohen, George Weavil, Geraint Steyn and Matthew Powrie. Specialist advice was provided by Tax partner Kathleen Russ, Finance partner Andrew Gregson and Commercial, IP & Technology partner Ben Chivers.

ICG's other advisers included Canaccord Genuity and Dow Schofield Watts (Corporate Finance) and Deloitte (M&A, Financial, Tax, Commercial and IT). The sellers were advised by CMS (Legal).