HA Law has advised Cogendo Ventures, a specialist venture capital organisation and appointed representative of Endeavor Ventures, on its investment in G-Volution PLC, a world leader in Advanced Multi-Fuel Technology.
HA Law, a private client, property, and SME law firm based in London has advised Cogendo Ventures on its investment into G-Volution.
G-Volution has enjoyed critical acclaim for its patented, disruptive, yet highly-applicable technology, with a clear route to market. Used by all heavy duty engine sectors (rail, marine, gensets and trucks), G-Volution enables engines to simultaneously combust diesel with gas and other fuels, reducing both costs (up to 40%) and emissions (diesel particulates by up to 90%), with no reduction in engine performance.
As the company is close to signing contracts with a number of Tier 1 suppliers and OEM’s in several regions of the world, it stands as a strong candidate to bridge the divide between existing, diesel technology and develop new fuels of the future.
HA Law provided strategic advice on critical amendments to the Articles of Association, Shareholder Agreement, Investment Agreement, and Declarations of Trust. The transaction was delivered within a tight time frame, and on budget.
Cogendo Ventures, specialising in funding unquoted investment opportunities,will continue to provide fundraising support to G-Volution over the foreseeable future, and the contacts it has brought in as new shareholders, will provide further breadth and depth to enhance the strategic decision making of Board.
Patrick Walsh and Senan Burke from HA Law assisted on the transaction. For further information, please contact Patrick Walsh, pwalsh@ha-law.co.uk .
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