Five V Capital invests in BioPak
Australian private equity fund manager Five V Capital has been advised on its investment in and partnership with sustainable packaging company BioPak.
Firm: Clifford Chance (Five V Capital)
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Deal: Five V Capital has invested in and partnered with BioPak, a sustainable and compostable food-service packaging company, to help support the business during its next phase of organic and acquisitive growth.
Area: Equity capital markets
Value: Undisclosed
Key players: The Clifford Chance team was led by partner Jacob Kahwaji, who was supported by counsel Nicole Backhouse, senior associate Aditya Ralhan, and associates Artem Paoutov and Henry Baek, as well as partner Elizabeth Hundt Russell and senior associate Alexander Sorgese.
Deal significance: Speaking about the matter, Mr Kahwaji said: “We are immensely proud to continue advising Five V Capital as it supports and grows some of Australia and New Zealand’s leading businesses.
“This transaction highlights continued investor interest in purpose-driven businesses and will help accelerate the shift towards a less wasteful economy.”