Deal or Case news
13.05.2025
NautaDutilh has successfully advised a Consortium comprising TowerBrook Capital Partners, J.C. Flowers & Co. and Embedded Finance Limited (known as Railsr) on its GBP 283 million cash offer for the entire issued share capital of Equals Group Plc (Equals), a group active in the payment sector.

NautaDutilh assisted the Consortium from a Belgian financial regulatory law perspective (including obtaining regulatory approvals from the National Bank of Belgium), alongside UK law firms Norton Rose Fulbright (counsel to the Consortium and TowerBrook Capital Partners), Macfarlanes (counsel to J.C. Flowers & Co.) and Mishcon de Reya (counsel to Railsr).

The NautaDutilh team was led by Pierre De Pauw (Local Partner) and Jennifer Esakwa Ayimona (Associate), with assistance from NautaDutilh’s corporate, employment, IP/IT, real estate, and competition teams for the due diligence aspects.

This transaction adds to NautaDutilh’s strong track-record of M&A deals in the financial sector.

Cookie notification

This functionality uses third-party cookies. Change your cookie preferences to view this content or view more information.
These cookies ensure that the website works properly. These cookies cannot be disabled.
These cookies can be placed by third parties, such as YouTube or Vimeo.
By deactivating categories, it is possible that related functionalities within the website may no longer work properly. It is always possible to change your preferences at a later time. View more information.