Gowling WLG’s Corporate, Finance and Tax team in Birmingham has advised Palatine Private Equity’s Impact Fund on its investment into e-days, the rapidly growing provider of employee absentee management software.
Palatine Private Equity’s Impact Fund is a £100m investment vehicle targeting growth companies that also deliver a positive social and/or environmental impact.
The deal was led by partner and Head of the Impact Fund Beth Houghton and Investment Director James Gregson, with support from investment manager Tom Hustler. Both Houghton and James Gregson will join the e-days board as the business looks to develop its employee wellbeing offering.
The transaction was led by Gowling WLG corporate Director Ragi Singh, with support from Associate Victoria Pearson on the acquisition and Stephen Bowman, Jade MacDonald and Fabiano Iesini on the investment terms. Banking Associate Richard Crawley advised on the debt management
