Private Equity & Venture Capital: Experience

M&A TRANSACTIONS


  • Lily O'Brien on its acquisition by Colian SA.
  • Alchemy Partners on the sale of Noonan Services Group to Bidvest Group.
  • Spectrum Equity Management on its acquisition of an undisclosed stake in Digital Marketing Institute.
  • HgCapital on the sale of a majority stake in Invis Energy to Sojitz Corporation, Mitsuibishi UFJ Lease and Finance and Kansai Electric Power.
  • Volpi Capital LLP, as sponsor, on the €90m equity investment in Version 1. 
  • Battery Ventures on its investment in Learnosity Holdings. 
  • Bertram Capital Management on the acquisition of the Anord Group of companies.
  • Carlyle Cardinal on its acquisition of Sam McCauley Chemists.
  • Carlyle Cardinal on the investment in AA Ireland.
  • InfraVia Capital Partners on its acquisition of the telecoms infrastructure business of Coillte.
  • Alchemy on the sale of Noonan group to Bidvest
  • Vance Street Capital on its acquisition of Eirtech Aviation.
  • Permira on various Irish acquisitions including Creganna, ancestry.com, Arysta LifeSciences and the Green Isle Group.
  • Accelrys, Inc on its acquisition of Qumas from ACT Venture Capital, Delta Partners, General Catalyst Partners and Fidelity Growth Partners.
  • Hastings Funds Management on its acquisition of Phoenix Natural Gas.
  • TDR Capital on the financing of its £750m acquisition of David Lloyd Leisure involving a number of Irish subsidiaries.
  • Highland Capital Partners on its acquisition of a majority stake in Advanced Manufacturing Control Systems.
  • Lily O'Brien's Chocolates' vendor on the sale to Carlyle Cardinal.
  • Permira on Creganna Tactx Medical's sale to funds managed by Permira.
  • RHJ International on its acquisition of KBC Asset management (Dublin) from KBC Asset Management.
  • Hellman & Friedman on its acquisition of Web Reservations International.
  • HgCapital in relation to a number of investments including into Orbiscom, Allegro, PARC and Sorne Windfarm.
  • CanWest on the €265m sale of TV3 through an auction process involving various private equity bidders and the ultimate sale to Doughty Hanson.
  • Apax Partners on Irish restructuring and food sector targets.
  • SR Technics and 3i on the acquisition of FLS Aerospace Industries' operations in Ireland.
  • Warburg Pincus on its €630m secondary buyout of Clondalkin Group from Candover.
  • FL Partners on its €244m acquisition of The Racing Post.
  • CapVest Equity Partners on the acquisition of the Mater Private Hospital from the management team of Mater Private.
  • Ecofin, the UK investment and advisory firm, on its €122.5m acquisition of a 16% stake in Airtricity, the Irish renewable energy company.
  • 3i on investments in Nova Science and Giraffe Childcare.
  • Maiden Acquisition Company (the holding company for Batchelors) on the €95m acquisition of Batchelors from Northern Foods and on the acquisition of Erin Foods Limited.
  • Kennedy Wilson Europe on its acquisition of Bank of Ireland Real Estate Investment Management.
  • Apollo on the purchase of the credit card business of MBNA Ireland.
  • Fintrax on its disposal to the company’s management team and Exponent Private Equity.
  • Permira IV Managers on its acquisition of Akindo Sushiro Company.

FUND FORMATION & OTHER PRIVATE EQUITY WORK


  • Clients include: Fortress, Alcentra, Apollo, Carlyle, Babson, ICG, M&G Prudential, Oaktree Capital Partners, Warburg Pincus, Bain Capital, Thomas H. Lee, Kelso Partners and Key Capital.
  • Set up of sophisticated structures for US private equity funds to enable them to receive income from portfolio companies free of US withholding tax.
  • SVG Capital & Key Capital on the establishment of funds to invest in underlying private equity funds.
  • General corporate advice to UK and US private equity funds in respect of platforms for investing and trading in various asset classes. 
  • Fountain Healthcare Partners Limited on the establishment of Fountain Healthcare Partners Fund I, L.P., a significant venture capital fund established to invest in the healthcare, pharmaceutical and life sciences sectors.
  • A number of large US and UK private equity firms on tax work for hybrid structures and the set up of private foundations.
  • A US$560m aircraft securitisation transaction by ACS Aircraft Finance Ireland arranged by Fortress Investments.

PORTFOLIO COMPANY WORK


  • Shell on its downstream sale of its Irish retail assets through an auction process with several private equity funds and ultimate sale to Topaz, controlled by ION Equity.
  • SWS following an auction process, on sale of its windfarm assets and other business assets to ION Equity for €110m.
  • i-path diagnostics (with Beltrae Partners) on its funding round with Crescent Capital II.
  • eircom on its take private following a competitive takeover process by the Valentia Consortium and subsequent re-listing and then subsequent take private by Babcock and Brown (for €2.3bn).
  • Trintech Group on its acquisition of Movaris Inc, from Granite Ventures LLC, Redpoint Ventures, Mohr, Davidow Ventures, the US based private equity firms and Hyperion Solutions Corporation, the listed provider of Business Performance Management software, for a combined cash and ADR consideration of USD $8.1m