Northtree: A New Strategic Partnership with BGO Gears Up for UK Expansion
Deal News | Feb 05, 2025 | Addleshaw Goddard
Addleshaw Goddard's international private funds group has advised Northtree Investment Management on forming a strategic investment partnership with BGO Partners. This new partnership involves BGO taking a stake in Northtree Real Estate Partners Limited Partnership's existing portfolio of seven UK logistics assets. The parties aim to expand this portfolio and build a £100m+ UK urban logistics portfolio. The advisory role of Addleshaw Goddard was spearheaded by Jan Gruter, with assistance from Aidan McConville and Jagdip Gujral, while Michael Hunter provided tax support. Sandy Wilson, co-founder of Northtree, sees this partnership as a milestone for expansion, praising the advisory team for their comprehensive support.
Sectors
- Real Estate
- Private Equity
- Legal Services
Geography
- United Kingdom – The focus of the investment and expansion plan is on UK logistics assets, making the UK a central geography in this transaction.
Industry
- Real Estate – The investment involves Northtree's portfolio in the logistics sector, highlighting a focus on real estate asset management.
- Private Equity – BGO's investment into Northtree's portfolio is typical of private equity engagements focused on strategic partnerships and asset expansion.
- Legal Services – Addleshaw Goddard's involvement as legal advisors underscores the legal services industry's role in facilitating complex investment transactions.
Financials
- £100 million – The planned expansion of the UK urban logistics portfolio with the strategic partnership.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Northtree Investment Management | Target Company | Company | Northtree is involved in managing real estate investments, focusing on the logistics sector. |
| BGO Partners | Strategic Partner | Company | BGO is a private equity firm entering a strategic investment partnership with Northtree. |
| Addleshaw Goddard | Legal Advisor | Company | A legal firm providing advisory services to Northtree on this transaction. |
| Jan Gruter | Lead Advisor | Person | Partner at Addleshaw Goddard leading the advisory team for the investment. |
| Aidan McConville | Managing Associate | Person | Part of the Addleshaw Goddard team advising on the investment. |
| Michael Hunter | Tax Partner | Person | Provided tax support for the transaction at Addleshaw Goddard. |
| Sandy Wilson | Co-founder | Person | Co-founder of Northtree Investment Management. |
| Jagdip Gujral | Legal Director | Person | Part of the Addleshaw Goddard team advising on the investment. |