Linklaters guided Triton Fund II on the sale of Scandinavian heating and plumbing installation services provider Bravida to Boston-headquartered private equity firm Bain Capital.
The sale was run as a dual track processes with Linklaters advising on both the trade sale and the initial public offering. Ultimately, according to the firm, the more attractive option was a competitive trade sale through an auction. The Linklaters team was led by London-based private equity partner Ian Bagshaw.
According to the newspaper Legal Week, Bain instructed US-based firm Kirkland Ellis with London corporate partner Sam Pakbaz leading on the deal. While leading Swedish independent law firm Vinge advised Triton on local law issues, with Stockholm mergers and acquisitions and private equity partner Christina Kokko leading that team.