Reading-based lawyers Osborne Clarke have advised Beech Tree Private Equity and the management team of Redstor, a category-leading data management and SaaS protection company, in relation to the sale and management's reinvestment into the Redstor Group.
As part of the transaction Redstor also receives a growth investment from Bregal Milestone, the leading European technology growth capital firm managing over €1 billion dedicated to investments in high-growth technology companies.
With more than 40,000 customers worldwide, Redstor will use the financing to fuel its international expansion into the United States and accelerate its AI-enabled platform and overall growth.
The Osborne Clarke team was led by Partners Greg Leyshon and Mike Freer, with support from Senior Associate Leanne Maund, Associate Matthew Hunt and trainee solicitor Chris Flach from the Corporate and Private Equity team. The tax advice was led by Mathew Oliver, with Senior Associate Alex Makinson and Associate Ben Deoh, and Senior Associate Laura Hanley provided banking advice.
Greg, Mike and Matthew Hunt are based in Osborne Clarke’s Reading office.
Paul Evan's, CEO at Redstor said, "I was delighted with the service we received from the Osborne Clarke team led by Greg Leyshon. He is more than an outstanding lawyer, he is also a fantastic business sounding board with his pragmatic advice. Leanne Maund was top notch and ensured the deal progressed smoothly on a day to day basis with her project management skills, legal insight and humour. Mike Freer rounded off a really strong team with his common sense approach and together they helped us get the right deal on the right terms to accelerate the Redstor business with our new finance partners Bregal Milestone."
Osborne Clarke has a market-leading international private equity practice and is widely recognised as a leading European law firm for companies operating in the technology, media and telecoms sector, working with global businesses to fast-growth start-ups and market challengers.