Dechert has provided advisory services to Tetragon Financial Group Limited in its recent transaction involving the sale of a minority stake in Equitix Group to Hunter Point Capital. The independent investment firm, Hunter Point Capital, is set to acquire a 16.1 percent stake in Equitix with an implied enterprise value of £1.3 billion, excluding net debt.
The transaction allows Tetragon to capitalize on some of the value generated by Equitix while maintaining its investment in a sector that holds promise for innovation and growth. According to Dechert, “HPC brings additive relationships and expertise to enhance Equitix’s continued innovation and development.”
This deal highlights ongoing activity in GP stakes transactions. The cross-border nature of the sale required expert legal counsel, underscoring Dechert’s strong position in the European GP market.
The team from Dechert advising Tetragon included private equity partner Christopher Field, corporate counsel James Stonehill, associates Richard Murdoch, James Hutchens, and Victor Chatelais; antitrust/competition partners Douglas Lahnborg and Saira Henry; as well as financial services and investment management partner Colin Sharpsmith.
Dechert describes itself as a law firm committed to assisting business leaders with critical issues ranging from litigation to regulatory matters. With nearly 1,000 lawyers globally, they focus on sectors such as financial services, private capital, real estate, life sciences, and technology.
###