Global law firm Ashurst is advising Rothschild & Co on the approximately £62 million recommended takeover of Xpediator Plc ("Xpediator") by a consortium comprising the BaltCap Funds, Cogels Investments and Nuoma IR Kapitalas.
Xpediator is an international freight management company, headquartered in the UK, that provides logistics and transport support solutions. Xpediator is committed to providing dynamic supply chain solutions and innovation within a global market, focusing on outstanding quality and customer care excellence.
BaltCap is a multi-strategy private equity and venture capital investor in the Baltic states of Estonia, Latvia and Lithuania, covering buyout, growth, venture as well as infrastructure investments, serving institutional investors from around the world. It was founded in 1995 and its private equity funds have since invested in approximately one hundred companies across a wide range of industry sectors and stages of development.
Rothschild & Co is acting as financial adviser to Bidco and the BaltCap Funds in connection with the takeover.
The Ashurst team is being led by corporate partner Tom Mercer assisted by associate Roshni Mehra and trainee Aoife Weir. Banking partner Tim Rennie, supported by counsel Darren Phelan and senior associate Sebastian Brignell are also advising.
