Mayer Brown advises on the £45 million management buyout of Anite Travel Limited from Anite plc
29 May 2014
London - Leading global law firm Mayer Brown advised management at Anite Travel Limited, the travel software subsidiary of Anite plc, on its £45 million management buyout, which was backed by LDC, the UK mid-market private equity house. Key members of Travel's management team, led by Mike Kingswood its Managing Director, will continue to lead the Travel business and have invested alongside LDC in an MBO structure.
Mayer Brown provided corporate and tax advice on the deal. Corporate partner Richard Page led the team and was assisted by senior associate Sam Webster, associate Jonny Musker and tax and equity incentives partner Andrew Stanger.