Debevoise & Plimpton LLP has advised HarbourVest Partners in its role as co-lead investor in a $1 billion continuation fund, sponsored by One Equity Partners (“OEP”), a middle market private equity firm.

The continuation fund will support continued growth for two European portfolio companies - aftermarket construction parts manufacturer and distributor USCO SpA, and laboratory glassware manufacturer DWK Life Sciences.

For full details, see the official press release here.

The Debevoise team advising HarbourVest was led by partner Katherine Ashton, and included international counsel Benjamin Amos, and associates Milo Gordon-Brown and Kay Hunter. Tax advice was provided by partner Cécile Beurrier, international counsel Matthew Pincus and Jennifer Wheater, and associate Weichi Liu. Competition advice was provided by international counsel Sergej Bräuer.