Womble Bond Dickinson (WBD) has advised the private equity team of Puma Investments on a £3.6m investment into Dymag Group, the British designer and manufacturer of carbon hybrid automotive wheels.
Established in 1974, Dymag Group is a pioneer in carbon wheel technology and expects a record 2019, with the investment fueling its global growth plans. So far this year, funds managed by Puma Investments have invested £25m into seven companies and in October this year WBD advised the company on an equity investment into premium cycling brand Le Col.
Leon Miller of WBD commented:
"We're delighted to have advised the Puma Private Equity team on this transaction. This is the second investment we have advised the company on in the space of two months and we look forward to working with the team again as they continue to grow their investment portfolio."
Ranking in the UK's top 20 law firms, WBD provides legal expertise in eleven key sectors from across eight offices in the UK, including London, and 18 offices in the US. The firm has a large corporate practice in the UK advising national and international clients on a broad range of corporate transactions, particularly M&A, IPOs, private equity investments as well as growth and development capital fundraisings.