YFM initially invested in 2017 to back the four founders of FourNet and help them continue the strong growth of the business. In addition to YFM, founding shareholders Frank Jennings and Mike Jervis, will also exit.
DWF's Corporate team advised the shareholders of FourNet on this latest transaction, led by partner, Jonathan Robinson, senior associate Will Munday and solicitor, Lara Benson.
Jonathan said: "We are delighted for the FourNet selling shareholders. Having advised on the YFM investment four years ago, it is a pleasure to now support the shareholders of FourNet as they move on with this new investment by Palatine. We wish them every success."