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05 May 2026

Debevoise Advises Freshstream on Sale of c.74% Stake in TrueNoord to Arcus; Freshstream to Reinvest Remaining Shares

"Debevoise & Plimpton advised Freshstream Investment Partners on the sale of approximately 74% of TrueNoord, the regional aircraft lessor, to Arcus Infrastructure Partners. Freshstream, the founding investor, will re‑invest to retain the remaining shares. The deal is subject to customary conditions and is expected to close in about two months. The Debevoise team was led by partners Dominic Blaxill and Geoffrey Burgess, with support across funds, tax, finance, competition/antitrust and employment teams."

Debevoise & Plimpton LLP advised Freshstream Investment Partners in the transaction; no other law firms were mentioned in the release. The deal sees Arcus Infrastructure Partners acquire a c. 74% stake in TrueNoord, the specialist regional aircraft lessor; Freshstream, as founding investor, will reinvest to retain the remaining shares. The transaction is subject to customary conditions and is expected to close in about two months. Debevoise & Plimpton LLP team (names, seniority and practice area where stated in the release): - Dominic Blaxill — partner (deal team lead) - Geoffrey Burgess — partner (deal team lead) - Milo Gordon-Brown — associate - Yiran Ji — associate - Jung‑Wook Lee — associate - Dabi Olu‑Odugbemi — associate - Aleksei Shapovalov — associate Funds advice: - Matthew Dickman — partner (funds) - Kay Hunter — associate (funds) Tax advice: - Richard Ward — partner (tax) - Paul Eastham — counsel (tax) - Veronika Polakova — counsel (tax) - Anna Chirniciuc — associate (tax) - Charlie Daley — associate (tax) Finance advice: - Almas Daud — partner (finance) - Lee Lancaster — associate (finance) Competition advice: - Anne‑Mette Heemsoth — counsel (competition) - Lina Hamidou — associate (competition) - Megan MacDonald — associate (competition) Antitrust/regulatory advice: - Tim Cornell — partner (antitrust/regulatory) - Sabine Kobienia — associate (antitrust/regulatory) Employment advice: - Sam Whitaker — counsel (employment) - Harriet McRae — associate (employment)
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