LONDON, March 10, 2025 – Proskauer, a leading international law firm, announced today that it advised funds managed by Pemberton Asset Management ("Pemberton") on its provision of debt to back Exponent's strategic investment in Hippo Digital.
Hippo Digital is one of the leading providers of User-Centric Design (UCD) solutions, driving digital transformation across both UK public and private sector organisations. This financing aims to further scale Hippo's capabilities by enhancing digital innovation for businesses and key clients, such as NHS England, the BBC, the Department for Education and the Ministry of Justice.
Proskauer has advised Pemberton on a number of transactions. In February 2024, the Firm advised funds managed by Pemberton on the financing of Charterhouse Capital Partners' acquisition of Two Circles, in June 2024, the advised funds managed by Pemberton in its role as senior secured lender to Fletchers Solicitors to refinance the acquisition of the Group and various add-on acquisitions by the sponsor Sun Capital Partner and in July 2024 the Firm advised funds managed by Pemberton in its role as unitranche lender to support Exponent in its investment into Kingsbridge Healthcare Group.
The Proskauer team was led by partner Harriet West and included associate Jessica Viner (Private Credit). The team also included partner Andrew Houghton and associate Katie Bunce (M&A) and partner Stephen Pevsner and associate Emma McDonnell (Tax).