Travers Smith Advises Osprey on Strategic Investment in Evri
Deal News | Feb 13, 2025 | Travers Smith
Travers Smith, a well-regarded advisory firm, has played a significant role in Osprey Investors Limited's latest strategic move. This time, Osprey has secured a minority investment in Evri, a leading tech-driven last-mile delivery platform in the UK. Providing advisory services on the fundraising element of this deal, Travers Smith has once more aligned with Osprey, marking the fourth occasion of collaboration concerning an Osprey fund vehicle. With Travers Smith's Head of Funds Jeremy Elmore at the helm, alongside Associates Jonathan Trent and Marcus Millen, the firm continues to bolster Osprey's investment strategies within the burgeoning tech-driven B2B sector.
Sectors
- Private Equity
- Logistics and Delivery
- Legal Advisory
Geography
- United Kingdom – Evri is described as the UK's largest tech-driven last mile delivery platform, indicating its primary operating geography.
Industry
- Private Equity – The article discusses a private equity firm, Osprey Investors Limited, making a strategic investment.
- Logistics and Delivery – Evri is described as the UK's largest tech-driven last mile delivery platform, indicating its operating sector.
- Legal Advisory – Travers Smith, a law firm, is mentioned as providing legal advisory services for the investment transaction.
Financials
- Not specified – No specific financial figures such as the deal amount or fundraising value are mentioned in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Travers Smith | Legal Advisor | Company | Travers Smith provided legal advisory services on Osprey's fundraising and investment in Evri. |
| Osprey Investors Limited | Investor | Company | Osprey Investors Limited made a strategic minority investment in Evri. |
| Evri | Target Company | Company | Evri is the UK's largest tech-driven last mile delivery platform, which received a minority investment from Osprey. |
| Jeremy Elmore | Head of Funds | Person | Jeremy Elmore led the team from Travers Smith providing advisory services for the investment. |
| Jonathan Trent | Associate | Person | Jonathan Trent is part of the Travers Smith team advising on the investment. |
| Marcus Millen | Associate | Person | Marcus Millen is part of the Travers Smith team advising on the investment. |