Fladgate advises Alyssum and Victor on fundraising, restructuring and acquisition

Fladgate LLP has advised Alyssum Group Ltd and its principal subsidiary Fly Victor Ltd on three transformative transactions:

• an $18m equity fundraising, where the lead investors were Victor’s cornerstone investor BP Ventures and new strategic investor BBA Aviation;
• a corporate restructuring, which saw the formation of a group of companies with Alyssum at its head, designed to accommodate both the growth of the core Victor private jet charter business and the group’s wider expansion, through acquisition and organic growth, into a major provider of services to the aviation industry; and
• Alyssum’s acquisition of the aviation services company RocketRoute Ltd, and the rollover investment by RocketRoute’s management team and other shareholders into Alyssum equity.

The Fladgate team was led by corporate partner Andrew Bessemer Clark, with corporate senior associates Jamie Hamilton, Yulia Leyko and Sam Tye taking lead roles on the three transactions. They were assisted by corporate associates Diana Mennie and Mary Hennessy and trainee Chris Wilkinson. IP partner Eddie Powell and tax associate Anthony Reeves also advised.