Hamilton Locke acted for Parc Capital on its Series A investment in LittleOak Pte Ltd having previously acted for Parc Capital on the establishment and registration of the Parc Utiliti Venture Fund LP (Fund), an early stage venture capital limited partnership. The Fund was established to provide investors an opportunity to invest in a range of early stage and emerging businesses that leverage technology, innovation and creativity.
The investment in LittleOak, an international business that develops, manufactures and distributes infant and toddler goat milk nutrition products, represents an important addition to Parc’s investment portfolio given LittleOak’s reputation as a market leader in the toddler nutrition sectors in Australia and New Zealand.
Commenting on the transaction, Hamilton Locke partner, Cristín McCoy said: “We are delighted to have supported the Parc Capital team in its continued growth and investment into LittleOak to expand its high-quality investment portfolio”.
The team at Hamilton Locke was led by partner Cristín McCoy and assisted by lawyer Morgan Sheargold.
