Linklaters has advised the shareholders of Addison Lee, London’s iconic premium private hire, courier and black taxi provider, on the sale of their entire shareholding in Addison Lee Group to ComfortDelGro Corporation Limited (which is headquartered in Singapore).

This transaction will serve as a catalyst of scale for ComfortDelGro’s expansion into an attractive premium mobility segment, strengthening its overall point-to-point proposition in the UK and growing its overall taxi and private hire network to more than 34,000 vehicles globally.

The deal team was co-led by Private Equity partner Andrew Lynch and Corporate M&A partner Namrata Shah, alongside Banking partner Nick Le Masurier, Litigation partner Rory Conway, Tax partner Alexei Franks, Private Equity managing associate William Peck and Corporate M&A associate Monique Fraser.