Deals round-up

DLA Piper Rudnick Gray Cary (Jim Lavery, Natalie Town) advised Baring English Growth Fund on the management buyout of UK-based computer manufacturer Stone Computers for £20m. Stone Computers advised by Pinsent Masons.

Berwin Leighton Paisner (Antony Grossman, Victoria Sawyer) advised BAA on its agreement with Morley Fund Management to form a property joint venture, the Airport Property Partnership, valued at £834m. Airport Property Partnership advised by Herbert Smith, Gleiss Lutz and Stibbe.

Clifford Chance (Jose Maria Fernandez-Daza) advised Spanish power transmission company Red Eléctrica de España on the acquisition of the 75 per cent stake it does not already own in Infraestructuras de Alta Tension (Inalta) for €739m (£509.1m). Inalta advised by Uría & Menéndez and Garrigues.

Allen & Overy (Alan Paul) advised Future, a UK-based media company, on the acquisition of Highbury House Communications for £96.5m. Highbury House advised by DLA Piper Rudnick Gray Cary.

Travers Smith (Phil Sanderson) advised private equity firm Phoenix Equity Partners on the management buyout of Weststar Holiday Parks from the Generations Group for £30m. Weststar Holiday Parks advised by Stephens & Scown Solicitors.

Manheimer Swartling (Ake Kjellsson, Fredrik Andretzky) advised Arca Systems International on its acquisition by Schoeller Wavin Systems, a Dutch packaging company, for e300m (£206.7m). Schoeller Wavin Systems advised by Clifford Chance.

Lefevre Pelletier & Associés (Simon Lowe) advised Monster Worldwide on its $26m (£13.7m) acquisition of Emailjob.com, a software development and consulting firm. Emailjob.com advised by TAJ.

Campbell Hooper (Martin Wright, Graeme Guthrie) advised the Cherry family on its bid to take Countryside Properties private. The bid was made by Copthorn – a special purpose vehicle half owned by the Cherry family and half by Uberior Ventures – and the equity investment arm of Halifax Bank of Scotland.