- 21 Dec 2023
- < 1 min read
Trethowans advises Just Develop It on private equity investment to support acquisition of Total Security
Trethowans have advised a group led by Just Develop It Ltd (JDI) on its acquisition of Total Security Ltd, an online security company providing real time anti-virus, online security and privacy products, from System1.
Trethowans principally advised Just Develop It with respect to the significant investment received from Avance Investment Management (Avance), the US-based private equity firm, to support the acquisition and related funding arrangements.
The Trethowans team advising Just Develop It consisted of Corporate partners Jamie Earley and Nick Gent, who were supported by Amrita Sangha. Finance advice was provided by Banking & Finance partner Steve Cole, who was supported by Harriet Olway and Laura Lammond.
Jamie Earley, Corporate partner at Trethowans, commented “We were delighted to assist Just Develop It in relation to another international transaction. We always enjoy working on large scale, private equity backed transactions. Through close cooperation with our US counterparts, we were able to provide a consistent, joined-up approach to ensure the close of the deal.”
Dan Richards, COO of Just Develop It, said “As always, I’m incredibly grateful that I had Trethowans in my corner. Thank you so much for another outstanding deal performance – I’m looking forward to the next one with you!”
System1 were advised by Latham & Watkins LLP, and Avance and JDI were advised by Willkie Farr & Gallagher LLP in connection with the Total Security acquisition transaction and related third-party debt financing, which also advised Avance in relation to its investment in Total Security.