Global law firm Ashurst Perkins Coie is advising Rothschild & Co, as financial adviser to Avocet Bidco Limited, a newly formed company which will be indirectly wholly-owned by funds managed and/or advised by Accel-KKR on the approximately £207.6 million takeover of Eleco plc.
Eleco is a specialist international provider of software and related services to the built environment, headquartered in London. It operates through its operating brands Eleco, BestOutcome, Pemac, and Eleco Technologies, from centres of excellence in the UK, Ireland, Sweden, Germany, the Netherlands, Romania, and the U.S.
The Ashurst Perkins Coie team is being led by partner Tom Mercer, with support from senior associate Colin Bugler and associate Shashtika Sundar.
