International legal practice Osborne Clarke has advised the senior management team of Direct Ferries, the world’s leading ferry aggregator, on its reinvestment into the business alongside Livingbridge and the founding Davies family. Direct Ferries has also secured new investment from financing partner, ICG.
The Osborne Clarke team was led by Private Equity Partner Tim Hewens with support from Associate Director Leanne Wright, Associate Jack Harris and Paralegal Liberty Jones. Partner David Nisbet and Senior Associate Jonny Musty provided tax advice.
The deal will support Direct Ferries' international growth strategy across its primary consumer business and fast-growing B2B and Freight channels.
Established in 1999, Direct Ferries is the world’s largest ferry ticket booking site. In the last year, the company sold over 3 million tickets from 4,000 routes in 200 end markets across the globe. The company aggregates ferry routes, times and prices from more than 250 ferry operators and allows customers to find the right sailing, anywhere in the world.
Osborne Clarke’s Private Equity team is considered a go-to practice for many in the technology and financial sectors, working with clients ranging from global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.