Addleshaw Goddard and Latham & Watkins have advised on the £350m buyout of greeting cards chain Card Factory by Charterhouse Capital Partners.

Addleshaws advised Card Factory on the buyout of the Wakefield-based business, which boasts some 480 shops across the UK and employs around 4,500 staff.

Charterhouse instructed Latham after reportedly beating buyout rivals Permira, Cinven and Warburg Pincus to seal the multimillion-pound deal.