Law firm advises Rose Street Partners on acquisition

National law firm Freeths advised Rose Street Partners (RSP), a newly launched investor in UK private companies, on the acquisition of Fuelsoft Limited, a market-leading provider of ERP software for bulk fuel distributors and fuel card agents.

Fuelsoft delivers a mission-critical product to its customers, many of whom have been with the company for decades and has grown significantly over many years to become a leader in its industry.

RSP is committed to preserving the legacy built by the founders of Fuelsoft and will work alongside them and its management team to deliver the next phase of growth for the company and its loyal customer base.

The Freeths team was led by corporate partner Francis Dalton (pictured), supported by senior associate Henrietta Rendell and associate Lottie Benage and trainee solicitor James Leavy. The banking team was led by partner Richard Williams supported by senior associate Anna Protheroe. 

Speaking about the deal, Franics Dalton said: “We really enjoyed working with Dan Skyte and Rose Street Partners on this transaction.

“It is great to see a different approach to investing being so welcomed by the sell-side market. Big thanks to Henrietta Rendell (née Fraulo) and the rest of the Freeths team for a great effort on this.”

Dan Skyte of Rose Street Partners added: “The hard work, support and high-quality advice provided by Freeths was critical in delivering a successful outcome for all involved. This transaction represented a significant milestone for Rose Street and so trust played a major role in selecting advisors.

“Freeths absolutely justified our decision with their calm judgement, responsiveness and reliability and I would like to say a huge thank you to Francis, Henrietta, Richard and the rest of the team.”