Global law firm Ashurst has advised Jefferies International Limited on the £570m takeover of FD Technologies plc (FD Technologies) by Kairos Bidco Limited, a newly formed company indirectly owned by entities forming part of TA Fund XV (TA).
FD Technologies is the owner of KX, a high performance data and analytics software supporting fast-moving, data-intensive organisations by addressing data challenges that impede deployment at scale.
TA is a leading global private equity firm with over 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong. TA's strategic and operational expertise will support KX's mission to accelerate product innovation and deepen the impact across high-growth, high-value verticals.
The Ashurst team was led by corporate partner James Fletcher supported by associate Patrick Chambers. Global loans partner Tim Rennie assisted on financing aspects.
