Friday, 09 November 2018

Ashfords has again been ranked as one of the most active law firms globally in venture capital. The annual global league table provides a comprehensive ranking of private equity and venture capital (VC) activity worldwide.

The firm has been ranked 3rd in Europe for the third quarter of 2018 by PitchBook. Ashfords are the only independent UK law firm to appear in the top five most active law firms in Europe.

PitchBook's annual global league table details top investors by region, firm headquarters, AUM, as well as the most active law firms and acquirers of PE-backed and VC-backed companies. Ashfords' presence in the prestigious league table confirms their positioning as a leading venture capital practice in Europe.

Chris Dyson, Partner and Head of Ashfords' technology sector, commented: "The technology team have had another busy quarter, so it is great to be recognised once again by PitchBook. Ashfords also received impressive rankings in both Chambers & Partners and The Legal 500 directories, confirming our position as a leading practice."

Examples of deals the firm completed globally in the third quarter include:

NewVoiceMedia: Advising a syndicate of investors including Eden Ventures, Notion Capital and BGF Ventures on the $350 million sale of NewVoiceMedia, a provider of cloud-based contact centre technology and services, to NYSE-listed Vonage.

WhiteHat: Advising apprenticeship platform WhiteHat on its $4M investment from Lightspeed Venture Partners, Village Global, PeopleTech Partners, Anil Aggarwal and Wendy Tan White.

Oxford Capital Partners: Advising Oxford Capital Partners on an investment into recruitment platform Juggle Jobs.

Brightpearl: Advising existing investors on a $15m growth round led by Cipio.

miDrive: Advising driving instructor and insurance platform miDrive on an investment round via crowdfunding platform Crowdcube.

Technology Venture Partners LLP: Advising on the sale of a majority stake in hemp-based food and drink business Braham & Murray Limited to PE fund Inverleith.


For more information or any press queries please contact:
Sarah Kemp
Senior Marketing Executive, Ashfords LLP
s.kemp@ashfords.co.uk / 01392 333757