Pestalozzi advises Further Global Capital Management on its investment in Phaidon International
Phaidon International, a professional services firm focused on identifying, sourcing and securing business critical talent to roles across more than 4,000 clients, has entered into an agreement to be acquired by a global investor consortium led by funds managed by Further Global. The investment will see Phaidon's current sponsor Quilvest Capital Partners exit the business, with management retaining a significant stake. Further Global's investment, supported by client funds from Neuberger Berman, Pictet and OPTrust, will continue to fuel Phaidon's growth which will see the business scale to beyond 1,400 staff and 15 offices around the world by the end of 2022.
Pestalozzi advises Further Global on all Swiss law aspects of the transaction.