Travers Smith LLP has advised the management team of Acuity Knowledge Partners, a market leading business intelligence and analytics provider, on the sale of a majority stake of Acuity Knowledge Partners to Permira, from Equistone Partners Europe.
Acuity Knowledge Partners is a leading provider of high-value research, analytics and business intelligence to the financial services sector. Headquartered in the UK, the Company serves a global client base of over 500 financial services firms, including banks, asset managers, advisory firms, private equity houses and consultants, operating across seven jurisdictions.
Equistone will reinvest in Acuity as a minority shareholder. Acuity’s management team also remains significantly invested in and committed to the business.
The Travers Smith team was led by Private Equity & Financial Sponsors Partner Adam Orr and also included Senior Associate Rachel MacArthur, Associates Jarrett Whitehead, Ollie Creamer and Lora Abagero and Trainee Navi Suglani. Specialist tax advice was provided by Tax Partner Hannah Manning, Senior Associate Sivanti Devakumar and Associate Callum Burgess.
Equistone (institutional sellers) were advised by Latham & Watkins LLP and Permira were advised by Clifford Chance.