Shoosmiths has advised on the sale and employee buy-out of Photonic Solutions, a supplier of world-leading laser and photonic equipment.

The acquisition of the Edinburgh-based business involved eight of the company’s senior employees and was made with support by leading equity investor Panoramic Growth Equity.

Photonic Solutions was supported by Shoosmiths corporate partners Alison Gilson and Stuart Murray, as well as associate Jen Paton. Partner Kate Featherstone advised on tax, while senior associate John Dunlop advised on real estate, with partner Karen Harvie and senior associate Kenny Scott advising on employment.