News | June 19, 2024

Wedlake Bell advises Delta Hat founder on Petauri acquisition

The private client, tax and employee benefits teams at Wedlake Bell have advised the founder and major shareholders of Delta Hat on its acquisition by Petauri. Delta Hat provides industry leading analysis and health economic modelling to the pharmaceutical industry. Petauri is a purpose-built pharmaceutical services platform based in Nashville, Tennessee, USA and is backed Oak Hill Capital a New York-based private equity firm.

The Wedlake Bell team included tax partner Michael Ridsdale, tax solicitor Gemma Williams, pensions & employee benefits partner Justin McGilloway, and was led by private client partner Kate Johnson.

Anthony Hatswell, Founder and Director of Delta Hat said: It’s been a pleasure to continue the longstanding relationship with Kate and the team at Wedlake. While we understand our business and the environment we operate, naturally the next phase of the business is a more complex area. Having the calm and experienced guidance really helped us understand the implications for the team at Delta Hat – myself included”

Kate Johnson, private client partner at Wedlake Bell, said: “Having watched Delta Hat grow from inception we are thrilled to have assisted with this exciting next step. It is always a privilege to support clients during these important moments. This work demonstrates Wedlake Bell’s expertise at seamlessly advising business owners on multiple areas of the law using a team from across the firm and on working alongside our clients’ external advisors”.