A&O Advising on the Sale of Element Materials Technology

A cross-border and cross-practice team from Allen & Overy is advising Bridgepoint Group plc (“Bridgepoint”) and the shareholders of Element Materials Technology (“Element”) on the sale of Element to Temasek.

Element is a London-based global leader in testing, inspection, and certification (TIC) services, operating in technically demanding and highly regulated sectors. Temasek is a global investor headquartered in Singapore and has been a minority shareholder in Element since 2019. Bridgepoint is the world’s leading quoted private assets growth investor focussed on the middle-market, with over EUR30 billion AUM and a local presence in the US, Europe and China.

Commenting on the deal Stephen Lloyd, co-head of A&O’s private equity practice, said: “Element’s growth is a real success story and we are proud to continue our long-standing association with the company. The combined financing and M&A elements of this deal are another demonstration of how A&O helps clients get complex, high value and first-of-a-kind deals across the line by bringing together specialists from across our range of practice expertise.”

The A&O team was led from London by private equity M&A partners Stephen Lloyd and Peter Banks with finance partners Robin Harvey and Vanessa Xu.