Milbank Advises Financing Sources and Equity Co-investors on Ridgeview Partners' Proposed Recommended Take-Private of Pinewood Technologies

Milbank LLP is advising the financing sources and certain equity co-investors in connection with Ridgeview Partners' proposed £545 million recommended take-private of Pinewood Technologies Group plc (LSE: PINE), a cloud-based, AI-first, full-service technology provider to automotive retailers and OEMs.

Pinewood.AI’s system is a market-leading automotive intelligence platform, which has been developed collaboratively with dealers and OEMs to provide secure software across sales, aftersales, accounting and CRM. With headquarters located in the UK and North America, Pinewood.AI serves a global user base spanning over 36 countries and has long-standing partnerships with over 50 OEM brands.

The Milbank team is led by European Leveraged Finance/Capital Markets partner Sarbajeet Nag and Global Corporate partner Andrew Nuthall, special counsel Michael Gatter, associates Alex Taylor, Argyll Reid, Drew MacDonald and Miles Daly and trainee solicitor Daisy Brown.