Welcome to the first edition of Deal Insights, providing you with an overview of some of our recent deals.
As has been widely reported, market conditions are slowly returning to pre-financial crisis levels, and the deals on which we are advising reflect this activity. In every sector, we are seeing an increasing number of deals driven by investment from high net worth individuals, private equity, funds, family offices and sovereign funds. It is a trend that we predict will continue and to which we hope future editions of Deal Insights will attest.
Growth - is it back on the agenda?
Watch Nick Davis, Partner and Head of Corporate talk about 'Growth - Is it back on the agenda?'
The Deals
AL MIRQAB CAPITAL
Take over of Heritage Oil Plc, through our client's wholly owned subsidiary Energy Investments Global Ltd. The takeover is valued at $1.5 billion.
H2SO
Acting for the founders of leading London property consultants, H2S0, in their sale to Colliers International, the global real estate company.
VICTORY ELECTRONIC CIGARETTES CORP
Acquisition of Ten Motives Limited, one of the UK's leading electronic cigarette companies, for US$104 million.
CANOUAN DEVELOPMENT CORPORATION LIMITED
Multiple acquisitions of companies owning significant real estate interests on the luxury island of Canouan in St Vincent and the Grenadines.
VICTORY ELECTRONIC CIGARETTES CORP
Acquisition of Must Have Limited (trading as "VIP"), one of the UK's leading electronic cigarette companies, for US$50 million.
STAFFING 360 SOLUTIONS (UK) LIMITED
Acquisition of Poolia UK Limited, a recruitment company that focuses on the banking, financial and commercial sector in the UK.
INITIO INTERNATIONAL HOLDINGS LIMITED
Sale to US listed company Staffing 360 Solutions Inc. for US$15 million.
STYLUS MEDIA GROUP LIMITED
Acquisition of Tecnamedia LLC, an events business trading in the US as "Decoded Fashion".
ACTURIS GROUP LIMITED
Acquisition of Danish insurance software provider Nordic Insurance Software.
AVANTIA MANAGEMENT TEAM
Buy-out by ECI Partners of specialist online home insurer Avantia Insurance Ltd.
SIGNIFICANT SHAREHOLDERS OF BWIN.PARTY
Off-market sale of shares to investor SpringOwl for £64 million.
CELLINO FAMILY
Acting through Eleonora Sport Limited to buy a controlling stake in Leeds United Football Club.
TIZIANA LIFE SCIENCES PLC
AIM reverse takeover to acquire Tiziana Pharma Limited, a developer of novel therapeutics for cancer including metastatic cancers.
BOVEY CASTLE HOTEL
Acting for the seller of Bovey Castle Hotel, a 64-bedroom luxury Devon hotel and golf resort, to the Eden Hotel Collection, part of The Rigby Group.
PARIS HOUSE RESTAURANT
Acting for Chaperill Limited on the acquisition of the assets of Paris House Restaurant, Bedfordshire's only Michelin-starred restaurant.
BIDVEST FRESH LIMITED
Acquisition of the business and assets of Channel Fisheries Limited out of administration.
HENRIK HAKONSSON HOLDING APS
Acting for the management of Phase One, the world's leading camera manufacturer, in relation to the equity arrangements on the MBO of Phase One by Silverfleet Capital.
ZESTY HEALTH LIMITED
Second round of seed funding invested by Luxembourg based Mangrove Capital Partners and others in Zesty, a UK-based online healthcare booking service.
The Dealmakers
Contact
If you would like to discuss how we can work together, or for more information, please contact Nick Davis or any of the team.
Nick Davis
Partner, Head of Corporate
T: +44 20 7440 7435
E: nick.davis@mishcon.com