Livingbridge’s Acquisition Of Aliter Capital’s Shareholding In North Group SP

DWF advised Aliter Capital LLP on the deal, while Pinsent Masons acted for Livingbridge.

Aliter Capital LLP sold its shareholding in North Group SP to private equity investor, Livingbridge.

Aliter is a private equity buy and build specialist in the support services sector which initially invested in North, an Internet of Things service and solutions provider, in 2018. Through the acquisitions of both Boston Networks (2018) and Pinacl (2019), Aliter combined five businesses and partnered with North’s management team to support the Group’s continued development.

North now has over 270 staff across the UK and is a highly technical integrated technology specialist delivering end-to-end networking and IoT application design, implementation, support, and managed services. 

DWF’s Gemma Gallagher led the sale on behalf of Aliter and management sellers, supported by Paul Pignatelli and Hope Donnachie (corporate), Freya Gibb and Caroline Colliston (tax), Vicki Thomas (pensions) and Mikela Rochford (banking). DWF’s Mark Gibson and Graham Tait (corporate) acted for the North senior management team on the equity investment by Livingbridge.

Pinsent Masons, London (Ed Stead and Rob Cunningham) acted for Livingbridge.

 

Involved fees earner: Caroline Colliston – DWF; Hope Donnachie – DWF; Gemma Gallagher – DWF; Freya Gibb – DWF; Mark Gibson – DWF; Paul Pignatelli – DWF; Mikela Rochford – DWF; Graham Tait – DWF; Vicki Thomas – DWF; Edward Stead – Pinsent Masons;

Law Firms: DWF; Pinsent Masons;

Clients: Aliter Capital; Livingbridge; North Group SP;

Author: Federica Tiefenthaler