Stephenson Harwood advises Flarin on fundraise
Law firm Stephenson Harwood LLP has advised Flarin, the joint pain relief brand, on its fundraise through existing investor IW Capital and through ITV's Media for Equity investment fund. ITV has agreed to invest up to £5 million of advertising inventory across its channels in return for a minority equity stake in Flarin. IW Capital has subscribed for new shares following previous equity investments in the Company. The Stephenson Harwood team was led by corporate partner Tom Page and included Naomi Leach, Tom O'Connor and Kate Ackland amongst others.