Ropes & Gray Advises TSG on Its Acquisition of Cadogan Tate

In The News
May 9, 2022

Ropes & Gray has advised TSG Consumer Partners, a leading private equity firm, on its entry into an agreement by which TSG will acquire Cadogan Tate, a premium moving and storage business, specialising in fine art. Financial terms of the transaction have not been disclosed.

Founded in 1977, Cadogan Tate is a leading international premium storage, moving and shipping group specializing in fine art and other valuable possessions. Cadogan Tate’s loyal and extensive customer base includes individuals, art galleries, museums, interior designers and auction houses. Headquartered in London, it operates in London, Paris, Côte d’Azur, New York, Los Angeles, Miami and Chicago.

The Ropes & Gray team was led by private equity partners Elizabeth Todd (London) and Christopher Comeau (Boston), with the financing aspects deal led by finance partner Alex Robb. Other members of the team included associates Hayley Stokes and Joshua Nicholson and trainee Calum Foster (private equity), associate Jacob Bennett and trainee Isuri De Alwis (finance); tax partners Brenda Coleman (London), David Saltzman and Pamela Glazier (Boston) and tax associates Benjamin Wonnacott (London), Michael Shulman (New York) and trainee William Allen.