The London and Cambridge Technology team advised McWin Capital Partners on its strategic partnership with ElephantSkin.
As part of the marketing-for-equity agreement, McWin will facilitate introductions of ElephantSkin's products to restaurant operators throughout its affiliated network in exchange for the opportunity for the McWin Food Tech Fund I SCSp (McWin Food Tech Fund) to acquire an equity stake in the company.
McWin is a specialist UK-based private equity and venture capital firm founded by Henry McGovern and Steven Winegar, focusing principally in the food service and food technology sectors.
ElephantSkin is the inventor and manufacturer of the world's first patented antimicrobial, washable and reusable gloves. ElephantSkin aims to reduce the use of single-use plastic gloves in the non-medical market and reduce both the impact on the environment and cost for users.
The Goodwin team was led by Adam Thatcher, Ben Taylor and Kesten Laverty (TLS Corporate – London and Cambridge). The Goodwin Team worked alongside a team of lawyers from Austrian law firm, Wolf Theiss.
For more details on the partnership, please see here.