Patrick Driscoll

Patrick's practice covers a range of corporate, venture capital and private equity transactions, with a focus on technology and intellectual property-rich companies.

• Engagements

  Company-side Growth Financings

  • TrueLayer, the global open banking platform, on its incorporation, early-stage investment and later financing rounds.
  • Finbourne Technology, a financial data management startup, on its $70m Series B financing led by Highland and AXA Venture Partners.
  • Shop Circle, the e-commerce operator, through stealth mode to its $120m series A financing led by 645 Ventures and QED, and its $60m series B financing led by Nextalia with participation from the Italian sovereign fund CDP Venture Capital.
  • HelloSelf, the online therapy provider, on its series A and series B funding rounds led by OMERS and Octopus Ventures (respectively).
  • Infogrid, which enables ‘smart’ buildings, on its $90m series B financing led by Northzone with participation from SoftBank Vision Fund 2,  JLL Spark and CBRE. 
  • Plentific, the property management platform, on its $100m series C funding round, co-led by Highland Europe and Brookfield Technology Partners with participation from Mubadala.
  • Leko Labs, the sustainable construction start-up, on its series A financing led by 2150, alongside the Microsoft Climate Innovation Fund and Tencent.

  Venture Capital Investments

  • EQT Growth Fund on leading the €250m series F financing of Vinted, the online clothing marketplace.
  • Kinnevik on its investments in Babylon Health, HungryPanda and Job and Talent. 
  • Greycroft on several investments, including the $170m series A financing of JOKR, the instant grocery delivery start-up.
  • Oxx on its investment in a number of SaaS businesses at series B and beyond, including Peak AI, Goodlord, Black Swan Data, Gravitee.io and CyberSmart.
  • African Development Partners on its lead investment in Ukheshe, an enabler of companies in the African fintech ecosystem.
  • Moonfire on its early-stage investments, including Electric Noir, Faculty and Pento.
  • Mercuri on its seed investments in Kyra, Human Native, Literal Labs, Unbox and Studio 1.

  M&A Exits

  • ABN AMRO Ventures on the sale of European open banking platform Tink to Visa.
  • UltraSoC Technologies, an on-chip analytics provider, on its sale to Siemens.
  • Parkopedia, a global provider on connected car services, on its sale to EasyPark Group (backed by Vitruvian). 
  • Egress Software Technologies, a leader in cloud email security, on its sale to KnowBe4 (backed by Vista Equity Partners).
  • Polsource, a Salesforce cloud consulting partner, on its acquisition by EPAM Systems. 
  • Market Data Services Limited, a telecoms expense management business, on its sale to Sumeru Equity Partners.
  • KVH Industries on its disposal of the Videotel group to Oakley Capital.

  Private Equity: Tech Acquisitions

  • Tide, the online business banking provider, on its acquisition of Funding Options, the SME credit marketplace.
  • Workday on several UK investments.
  • 1Password, a leader in identity security, on its acquisition of Trelica, a Cambridge based provider of SaaS access management.
  • Infogrid, the smart buildings system, on its acquisition of Aquicore, an ESG data and analytics company for commercial real estate.
  • NICE Ltd on its acquisition of Brand Embassy.
  • Shop Circle, the e-commerce operator, in relation to several acquisitions.

  Private Equity: Acquisitions and MBOs

  • Global Processing Services, a global payment platform backed by Visa, on its acquisition by Advent International and Viking Global Investors.
  • Parkopedia on the buyout of its business by the Founders, backed by Verdane Capital.
  • ScreenCloud, the digital signage provider, on its investment from Tenzing Private Equity.
  • The management team of Prescient Healthcare on the buyout of the business (backed by Baird Capital).
  • Tenzing Private Equity on its investment in FMP Global, the payroll provider (by management buy-out).

  Joint Ventures

  • A consortium of investment banks (including BNP Paribas, Goldman Sachs, JP Morgan, Morgan Stanley, Société Générale, UBS and another international retail banking company) in respect of the establishment and formation of a not-for-profit fixed income pre-trade information network (Neptune Networks).
  • Live Nation on its co-investments in a number of European music festivals.
  • Esparity Solar on its capital raise for a 1 GW portfolio of grid parity solar projects in Spain.
  • EDF Energy Renewables on its sale of a 49% stake in its portfolio of wind farms to Dalmore Capital and the Pensions Infrastructure Platform.

  Equity Capital Markets

  • Alpha Financial Markets Consulting plc on its IPO and admission to AIM.
  • GBG Group plc on two share placings to fund the acquisitions of PCA Predict and IDology.
  • Latchways plc’s recommended takeover by MSA Safety by way of a scheme of arrangement.