London-led team represents a leading European private equity firm on its investment to drive UK public sector digital transformation. Latham & Watkins has advised Exponent, a leading European private equity firm, on its agreement to invest in Hippo Digital (Hippo), a Leeds-based digital transformation provider of User-Centric Design (UCD) solutions to the UK public sector. Exponent will support the existing management team, led by co-founder and Chief Executive Adam Lewis, to continue to scale the company’s operations and strengthen its engineering, data, and artificial intelligence capabilities. The proposed transaction is subject to customary regulatory approvals and is expected to complete by early April.
The Latham team was led by London partner Paul Dolman, with associates Alex Watt and Noah Lipshut. Advice was provided on finance matters by London partner Angel Quek, with associates James Szauer and Andrew O’Neill; and on tax matters by London partner Helen Lethaby, with associate Sam Duncan.
