Thomson Geer acted for motorised surfboard start-up Foil Drive on the sale of 31% of their shares to growth-focused private equity fund Glow Growth.

Foil Drive has expanded operations to sell its brands of products worldwide and has a team of dedicated 'Foilers' who promote through use and social media engagement.

Glow Capital is a growth-focused private equity fund that invests in exceptional businesses across Australia and New Zealand. Their investment approach is driven by offering support and guidance needed to take businesses to the next level.

The Thomson Geer team was led by Partner David Schiavello, and supported by Special Counsel Lisa Marcus, and Lawyer Josh de Voogel.