Allen & Overy advises Waterland on investment in Moore Kingston Smith

Allen & Overy has advised Waterland, the European private equity investment group, on its investment in Moore Kingston Smith, a leading multidisciplinary professional services firm.

The investment has been made with a view to funding an ambitious growth and expansion programme and follows the investment made by Waterland in Moore Belgium, another member of the Moore network and a transaction on which Allen & Overy also advised.

Moore Kingston Smith is the London firm of the Moore UK network, providing a wide range of accountancy and advisory services to clients across a myriad of sectors. The firm, which celebrates its centenary this year, has over 70 partners and more than 700 people based in and around London. Founded in 1923, it is part of the Moore network of accountants and advisory services, which employs over 30,000 people across 114 countries.

Waterland Private Equity is a European private equity investment group that supports entrepreneurs in realising their growth ambitions. Waterland has more than 170 team members working across 13 offices across Europe, managing over EUR14 billion of investor commitments.

Allen & Overy's team was led by private equity partner Peter Banks, with the financing of the transaction led by finance partner Cathy Bell-Walker.

The Allen & Overy team also included partners Stephen Mathews and Tim Harrop and Senior Associates Jeremy Wilkins, Caroline Crawford, Rauni Ahammer.