Ashurst, Latham & Watkins and Travers Smith have taken lead roles on the £450m sale of Britax Childcare to Nordic Capital.

Ashurst fielded a team led by corporate head Stephen Lloyd (pictured) advising Nordic on the deal, which represents the first buyout of a UK company for the Scandinavian-based private equity group. The City firm has advised Nordic in the past on deals in the Scandinavia region.