Corporate | Acquisitions & Mergers
These are often the most significant events in the corporate life-cycle. We have immense experience in M&A transactions, whether of private company sales or purchases (and whether structured as share or asset transactions) or public company transactions subject to the City Code.
Equally, because of the constraints of English company law, the merger or combination of enterprises will frequently be structured as an acquisition of one merger partner by the other or of both by a third new entity, and we are familiar with advising on structuring and documenting the combination of such enterprises.
We are accustomed to dealing with a wide range of transaction values of greater or lesser complexity, and with buyers, sellers and targets in the United Kingdom or overseas.
Our work includes managing complicated sale processes of private companies with large numbers of private investors and employee stakeholders participating in the sale process through the exercise of share options.
The approach that characterises our acting in these transactions is reasonable, commercial and realistic, so as to reach a successful outcome that properly protects our client’s position as swiftly and positively as possible.
Our public company experience includes acting for offerors and offerees on conventional offers as well as takeovers carried out through schemes of arrangements, “Take-private lite” transactions and Rule 9 whitewashes.
- acting for a listed company in its acquisition from another listed company of a division having subsidiaries in the US and five continental European countries
- sale of an internet-only international retail company to a private-equity-funded US buyer
- acting for management in its MBO of a division from a listed company
- merger of a UK listed company with a US venture-funded corporation
- acting for the shareholders of a consultancy company specialising in sub-sea systems for deep-water oil drilling on its sale to an American listed company
- acting for a market-leading provider of energy management solutions on a partial exit for its existing shareholders and investment by a large private-equity fund and its subsequent growth strategy by way of several acquisitions