Osborne Clarke advises Inovara Group on IBL acquisition

Published on 5th December 2025

Key takeaways

  • International legal practice Osborne Clarke has advised pan-European lighting company Inovara Group, an Ambienta portfolio company, on its acquisition of IBL Lighting Ltd, an international architectural lighting company.
  • IBL is an innovator in LED engine design and provider of architectural lighting solutions to a global customer base. Its high-performance products have been used in flagship projects around the world, including The Peninsula London, Marina Bay Sands in Si
  • Inovara (formerly Collingwood Lighting) is a longstanding client of the firm, since it advised Ambienta on its platform acquisition of Collingwood in 2021. Osborne Clarke have advised the group on a number of international bolt-on acquisitions since.

International legal practice Osborne Clarke has advised pan-European lighting company Inovara Group, an Ambienta portfolio company, on its acquisition of IBL Lighting Ltd, an international architectural lighting company.

IBL is an innovator in LED engine design and provider of architectural lighting solutions to a global customer base. Its high-performance products have been used in flagship projects around the world, including The Peninsula London, Marina Bay Sands in Singapore, and the National Museum of Qatar.

Inovara (formerly Collingwood Lighting) is a longstanding client of the firm, since it advised Ambienta on its platform acquisition of Collingwood in 2021. Osborne Clarke have advised the group on a number of international bolt-on acquisitions since.

This latest acquisition represents a strategic expansion for Inovara, uniting its portfolio of design-led European brands with IBL’s technological expertise and international sales channels.

This deal spanned multiple jurisdictions globally and was led out of Osborne Clarke’s UK offices with support from Osborne Clarke China (particularly partner Guohua Zhang and associate Leila Liu), in collaboration with KPMG  and PwC.

The Osborne Clarke team was led by private equity partner William Nicolson, with associate director Lottie France and associate Benjamin Smith. Specialist support was provided by partner James Hunt and associate director Jon Dodds (Banking), partner Mathew Oliver and senior associate Rohesia Vince-Brown (Tax), associate Ian Solomon (Commercial), and associate director Lara Fatemi and associate Maeve Gillespie (Employment). 

“Osborne Clarke have been a key partner to Ambienta and Inovara, and we were pleased to work together again on this important stage in the development of the Group. The Osborne Clarke team showed the strength of their global practice, mobilising a multijurisdictional team to support us in the successful delivery of this transaction.”

Matt Norrington, Partner, Ambienta 

We are delighted to continue our longstanding relationship with Inovara Group by supporting them on this transformative acquisition. Having advised the group on multiple transactions since Ambienta's platform acquisition in 2021, we've been privileged to play a key role in their international expansion strategy. This acquisition of IBL Lighting represents a significant milestone, bringing together Inovara's design-led European brands with IBL’s world-class engineering expertise and global reach. It's exciting to see how this combination will strengthen their position in the international lighting market."

William Nicolson, Partner, Osborne Clarke

Osborne Clarke's corporate team is considered a go-to practice for many in the tech, media and comms sector, working with leading global businesses, fast-growth start-ups and market challengers. The team advises on all stages of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.