Scott Davidson and Greg Le Tocq acquired Invitation Digital Limited from Vodafone Group Plc (LSE:VOD) and others in a management buyout transaction on January 15, 2018. The new owners will operate Invitation Digital under the name Cloud Savings Company. The transaction was funded by a debt facility provided by Perwyn LLP. Shaw & Co acted as financial advisor, Alisdair Livingstone and Tom Bussy of Osborne Clarke and Paul Cooper acted as legal advisor, KPMG acted as financial due diligence provider, Drystone Strategy Partner acted as commercial due diligence advisor and Milsted Langdon acted as tax advisor to the management. Mann, Paul of Squire Patton Boggs acted as legal advisor to Perwyn. Scott Davidson and Greg Le Tocq completed the acquisition of Invitation Digital Limited from Vodafone Group Plc (LSE:VOD) and others in a management buyout transaction on January 15, 2018.