Eversheds Sutherland (International) LLP

09/17/2021 | Press release | Distributed by Public on 09/17/2021 05:30

Eversheds Sutherland advises LDC on its investment into BOXPARK

  • Global
  • United Kingdom

17-09-2021

Eversheds Sutherland has advised private equity firm and longstanding client, LDC, on its investment into BOXPARK, the multi-award-winning hospitality and leisure operator.

BOXPARK was founded in 2011 by Roger Wade and has evolved from being the world's first pop-up mall to one of London's most high-profile branded dining, leisure and retail developments with three sites in Shoreditch, Croydon and Wembley.

LDC will support the BOXPARK's management team and help to accelerate the company's ambitions of launching new sites across the UK over the next five years.

The Eversheds Sutherland team was led by corporate Principal Associate, Chris Archer and corporate Partner, James Trevis, assisted by: Partners Sam Bhachu (real estate), Patrick Davis (banking) and Colin Askew (tax), Senior Associates Thomas Plant (corporate) and Rachel Duffy (real estate), and Associates Kristina Berezonova (banking), Theo Watkins and Jake Perryman (both corporate).

LDC is backing the existing management team, led by BOXPARK Founder Roger Wade, Simon Champion and Ben McLaughlin, with existing Non-Executive Director, John Leslie, becoming Non-Executive Chairman. Charles Dunstone has exited his involvement in the business.

Chris Archer, Eversheds Sutherland, said:

'We're thrilled to have successfully advised on and completed yet another strategically noteworthy deal for LDC. This was a significant team effort and one that we thoroughly enjoyed supporting and delivering on, despite the many complexities and challenges involved. We couldn't be happier for LDC and look forward to continuing to support the team on future opportunities.'

This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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