Linklaters has sealed a rare high-profile deal for Apax Partners, acting on the UK buy-out house’s €950m (£647m) acquisition of Sweden’s Molnlycke Healthcare.

The magic circle firm’s London office advised the private equity giant on the deal despite the fact that it is not named on Apax’s panel for top-tier UK work. Graham White, Linklaters’ head of private equity, led the team advising Apax.