Mobeus Equity Partners LLP has provided a £10.2 million combined debt and equity package to acquire a minority stake in and support the strategic development and growth of LACE Partners.
LACE is a full-service consultancy which focuses on optimising and transforming the HR functions of large corporates and multinationals.
International law firm Osborne Clarke advised Mobeus on the investment. The Osborne Clarke team was led by Private Equity partner Tim Hewens and included associate director Seamus McKimm and associates Demi Joannides and Courtney Fowler. Partner Anika Chandra and associate Maryam Khalifa advised on incentives, partner David Nisbet advised on tax, and Lara Flynn provided employment advice.
LACE is a specialist leader in the HR consulting market, with an impressive client list consisting of multinational FTSE100 clients. LACE leverages the experience and thought leadership of its highly skilled staff base to support HR Directors and CPOs to deliver on their strategic aims.
Osborne Clarke has a strong presence and is a go-to practice in the UK private equity market. The team work closely with leading private equity institutions, global businesses, fast-growth start-ups and market challengers, advising across all areas including equity and debt fundraising, M&A, IPOs and JVs.