Hill Dickinson Advises BGF on Panthera Deal
Deal News | Aug 18, 2025 | Hill Dickinson

Hill Dickinson, a prominent law firm, has provided advisory services to BGF, the UK's most active equity investor, on its successful exit from and subsequent reinvestment in Panthera, a company involved in clinical trials. This strategic move underscores BGF's continued commitment to the healthcare sector, enhancing Panthera's potential for growth and innovation in the sector. Hill Dickinson's legal acumen facilitated this transition, ensuring a smooth process that aligns with both current market dynamics and BGF's investment strategy.
Sectors
- Healthcare
- Legal Services
- Private Equity
Geography
- United Kingdom – BGF is the UK's most active equity investor, and Hill Dickinson is a UK-based law firm, indicating that the primary geographical focus of this transaction is the UK.
Industry
- Healthcare – The article is discussing Panthera, a clinical trials business, which operates within the healthcare sector.
- Legal Services – Hill Dickinson is the legal advisor in this transaction, highlighting the role of legal services in M&A activities.
- Private Equity – BGF, a prominent equity investor, is actively engaging in investment maneuvers indicating the involvement of the private equity sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hill Dickinson | Legal Advisor | Company | A law firm providing legal services and advice for the transaction. |
| BGF | Investor, Seller, Reinvestor | Company | Known as the UK’s most active equity investor, involved in the exit and reinvestment in Panthera. |
| Panthera | Target Company | Company | A business specializing in clinical trials, subject to BGF's exit and reinvestment. |