Our knowledge resources reflect the breadth and depth of our expertise, our insight into the issues which matter to your business, and our understanding of the markets in which you operate.
Travers Smith LLP has advised longstanding client Carpetright plc on its recommended cash acquisition by Meditor Holdings Limited, a company owned by its largest shareholder, Meditor Group (Meditor).
Travers Smith LLP has advised longstanding client Safestore Holdings plc and its French business Une Pièce En Plus on its c. £595 million refinancing.
Travers Smith LLP has advised Shawbrook Bank on the provision of a unitranche and committed capex facility, including an accordion option, to Hereford Contract Canning.
Travers Smith LLP has been appointed as legal adviser to Clara-Pensions and the Trustee of Clara Pension Trust, to act as conflicts counsel.
Travers Smith LLP has advised new client Adventurous Journeys Capital Partners (AJ Capital Partners) on its acquisition of the DoubleTree by Hilton Hotel Cambridge City Centre.
Travers Smith LLP has advised long-standing client Bridgepoint and other selling shareholders on the sale of Estera to Inflexion-backed Ocorian for an undisclosed sum.
Travers Smith LLP has advised long-standing client Equistone Partners Europe (Equistone) on its agreement to acquire FirstPort, a leading UK residential property management company, from Epiris and Chamonix Private Equity (Chamonix).
Travers Smith LLP has advised Marlin Equity Partners ("Marlin") and other selling shareholders, on the sale of a majority stake in QualiTest to Bridgepoint.
Charlie Bischoff, a partner in our Finance team who co-heads our Fund Finance practice alongside Danny Peel, moderated the Covenantal Relationships Panel at the recent European Fund Finance Symposium in London last month. The panel consisted of Russell Evans (National Australia Bank), Kim Nguyen (Commonwealth Bank of Australia), Matthew Maguire (Park Square Capital) and Keith Pickard (InfraRed Capital Partners). The following are a selection of the key themes arising from the panel discussion.
Travers Smith LLP has advised the Cambridge Education Group (CEG), backed by long-standing client Bridgepoint, on the separation and subsequent sale of its CATS Colleges division (CATS) to Bright Scholar.
Travers Smith LLP has advised long-standing client Horizon Capital and other selling shareholders on the sale and reinvestment in AgriBriefing with financing from funds managed by Ares.
Asset-backed or net asset value (NAV) facilities as a feature of the fund finance landscape are not new, but their prevalence and uses have increased over the last five years in particular.
Travers Smith LLP has advised long-standing client Equistone Partners Europe (Equistone) on its investment in CH & Co Catering Group (CH&CO), a leading UK contract catering group, originally backed by MML Capital Partners. The financial terms of the deal are undisclosed.
Travers Smith LLP has advised long-standing client Benchmark Holdings plc, the aquaculture health, nutrition and genetics business, on the proposed refinancing of its existing $90 million credit facility through the issuance of a NOK 850 million listed bond underwritten by DNB Bank ASA and accompanying $15 million revolving credit facility to be provided by DNB Bank ASA.
Travers Smith LLP has advised the second Basalt Infrastructure Partners fund on its acquisition of the entire issued share capital of AIM-listed Manx Telecom plc (Manx Telecom).