Olswang’s Private Equity group has advised Chamonix Private Equity LLP (Chamonix), on the sale by funds managed by Chamonix of Intellident Acquisition Company Holdings Limited (Intellident) to Library Solutions BV, a company within the Bibliotheca group and a portfolio company of One Equity Partners (a division of JPMorgan Chase & Co).
Intellident provides RFID solutions for libraries, document tracking and supply chains, and its addition to the Bibliotheca group has created the largest specialized RFID supplier in Europe. The transaction follows the acquisition by Chamonix of a portfolio of five companies from the LINPAC Group in December 2010, on which Olswang also advised.
Chamonix is a secondary-market private equity firm which specialises in buying portfolios of direct private equity investments, portfolios of industrial trading divisions/subsidiaries and bank ‘debt-for-equity’ portfolios.
Duncan McDonald led the Olswang team, with assistance from Ken Wilkinson, Fiona Twigg and Nathalie Mitchell (Corporate), Kerry Langton and Laura Macfarlane (Finance), Vanina Paolaggi and Malak Tazi (Paris office) and other specialists throughout the firm.
Freshfields Bruckhaus Deringer LLP acted for One Equity Partners.
