Latham Advises Nordic Capital on Acquisition of Liberis and Qred

Latham & Watkins has advised Nordic Capital on its acquisition of Liberis, a leading global embedded finance platform, and its further investment in Qred, one of Europe's foremost digital small business banks. The transaction brings together two businesses to create a leading global platform for small- and medium-sized business (SMB) financing.

The combined business aims to create an integrated platform spanning term loans, revenue-based financing, working capital lines, cards, and future financial products across both direct and embedded channels, helping to close the financial services gap facing millions of SMBs.

The Latham team was led by London corporate partners Ross Allardice and Katie Peek, with associates Ben Tansey, Ruth Taylor, Nick Fisher, Herman Ahmad, Niko Wollner, and Manaal Ali. Advice was provided on tax matters by London partner Helen Lethaby and counsel Amy Watkins; on financial regulatory matters by London partner Becky Critchley, with associate Gary Whitehead; on structured finance matters by London partner Patrick Leftley, with associates Tracy Dariane and Kit Lee, and Chicago associate Kevin Maedomari; on debt finance matters by London associate George Stamp; on DTT matters by London partner Christian McDermott, with associates Dal Lim, Annabel Loose, and Christine Tun; and on employment matters by London partner Kendall Burnett and counsel Kate Crompton.