Akin Advises Mubadala Capital on Majority Stake Acquisition in Bugaboo

August 06, 2024

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(London) – Akin is advising Mubadala Capital, the wholly owned asset management subsidiary of Mubadala Investment Company, on its acquisition of a majority stake in Bugaboo Group, a global market-leader in strollers and premium children’s consumer products.

As part of the transaction, signed July 18, Bain Capital will retain a minority stake in Bugaboo.

The deal is subject to customary regulatory approvals and a works council consultation.

The multidisciplinary Akin team was led by corporate partner Shaun Lascelles with associates Andrew Finogin, Ben Balzan, Callum James and Reem Ka’ati.

The wider Akin team included private equity partner Stephen Brown and associate Iffat Ahmad (advising on employment and incentives), tax partner Matthew Durward-Thomas, counsel Mohammed Natha and associate Aaron Jenman, finance partners Amy Kennedy and Inderveer Hothi and associate Ruth Butterworth and international trade partners Melissa Schwartz, Alexis Guinan-Grant and Jasper Helder and associates Oliver Haynes, John Gurtunca and Simi Malhi.

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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