Dechert Represents Phaidon and Quilvest in Transaction Agreement With Global Investor Consortium Led by Further Global Capital Management

Dechert represented Phaidon International and Quilvest Capital Partners in an agreement for Phaidon to be acquired by a global investor consortium led by funds managed by Further Global Capital Management. The investment will see Phaidon's current sponsor Quilvest Capital Partners exit the business, with management retaining a significant stake. Specific financial terms were not disclosed.

Phaidon International is a professional services firm focused on identifying, sourcing and securing business critical talent to roles across more than 4,000 clients.

Quilvest Capital Partners is the investment arm of the Quilvest Group, a leading, global, independent financial group born from an industrial success more than a century ago in Paris. 

Further Global Capital Management is an employee-owned private equity firm that makes investments in businesses within the business services and financial services industries. 

Dechert’s U.S. and UK deal team representing Phaidon and Quilvest included, among others, corporate partners Christian Matarese, Mark Thierfelder and Christopher Field and associates Jamal Tuhin, James Hutchens, Zita Chan and Richard Murdoch; finance partners Smridhi Gulati and Soo-ah Nah and associate Saahil Sheth; tax partners Edward Lemanowicz and Daniel Hawthorne and associate Nicholas Kokkinos; litigation partner Neil Steiner; and antitrust counsel Beverly Ang. 

About Dechert

Dechert is a leading global law firm with 22 offices around the world. The firm advises on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.