Ashurst advises on the £342 million recommended takeover of DWF Group

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    Global law firm Ashurst is advising Rothschild & Co. on the approximately £342 million recommended cash offer for Main Market Premium Listed company DWF Group plc ("DWF") by Aquila Bidco Limited, a newly incorporated entity formed by funds advised by Inflexion Private Equity Partners LLP and its affiliates ("Inflexion") for the purpose of making an offer for DWF.

    DWF is the United Kingdom's largest listed law firm, with over 4,400 employees in 35 locations globally. DWF provides integrated legal and business services through its commercial services, insurance services and legal operations divisions.

    DWF will be taken into private ownership following completion of the transaction. Inflexion believes this is preferable for DWF given the growth opportunities available to it and to re-align DWF's focus on long-term value creation.

    The Ashurst team was led by partners Tom Mercer and Tim Rennie, assisted by senior associates Aimee Carroll-Hewitt and Asil Robertson and associates Gareth Mair and Roshni Mehra.