Dechert LLP

07/16/2024 | Press release | Distributed by Public on 07/16/2024 08:07

Dechert Advises QX Global Group in Securing £100 Million Investment from Long Ridge Equity Partners

Dechert advised QX Global Group (QX), a leading provider of business process management services, on securing a growth investment of £100 million from Long Ridge Equity Partners (Long Ridge). The investment is expected to expand QX's platform capabilities and geographical reach.

QX selected Long Ridge as its investment partner due to its extensive experience in the tech-enabled services industry and track record of collaborating with fast-growing, high-potential businesses. Based in the U.S., Long Ridge is an investment firm focused on growth-stage funding with US$1 billion+ assets under management.

The Dechert team that advised QX included corporate partners Ross Montgomery and Sarah Kupferman, with associates Richard Murdoch, James Hutchens, Maddie Drabble and Ranjini Ramesh; and tax partners Daniel Hawthorne and Joshua Milgrim. Trainee Maria Oniscu also provided support.

About Dechert

Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital - from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients' rights in extreme situations. Our nearly 1,000 lawyers across 20 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.