London – Paul Hastings LLP, a leading global law firm, announced today that it has represented North Technology Group, a global market leader in sails and spars, and its private equity investor Oakley Capital, on its acquisition of MBrands International B.V, operating under the well-known watersports brand, Mystic.

Mystic is a pioneer in kiteboarding, wakeboarding and windsurfing apparel and equipment. The full company announcement is available here.

The Paul Hastings team included corporate partners Anu Balasubramanian and Garrett Hayes, tax partner Arun Birla, and associates Aimée Fabri, Steven King, and Hannah Gray. Van Doorne advised on the Dutch law aspects of the transaction.

This is Paul Hastings’ first transaction for Oakley Capital, following the arrival of Anu Balasubramanian at the firm in June 2018.