Lovells has received a major boost to its UK private equity practice by advising Advent International on its £225m secondary buy-out of Aviagen Group from BC Partners.

The deal is the first Advent transaction to be led by private equity partner Derek Baird since joining Lovells from Dickson Minto last year. The buy-out was also the first time that Baird has crossed swords with Dickson Minto partner Alistair Dickson, who advised BC Partners on the deal.