The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
DLA’s Sheffield and Manchester offices will provide M&A and general legal advice to the dental company after winning the tender. The work will be led by corporate partners Catherine Simister in Sheffield and Jonathan Watkins in Manchester, where IDH is based.
As the UK’s largest dental corporate company with over 550 dental practices across the UK, IDH said it was looking to grow substantially over the next four years.
McDonald said: “Given the number of acquisitions of dental practices planned, and a desire to manage legal fees more effectively, we took the twin approach of expanding the internal team with three new hires and appointing a second law firm DLA Piper to work alongside our existing lawyers Lewis Silkin.”
Simister added in a statement: “IDH is an ambitious, highly acquisitive business which has developed a clear expansion strategy to achieve significant growth in the next three to four years. Our knowledge and expertise in the sector combined with our geographic spread means we are well positioned to advise IDH as they take their commercial plans to the next level.”
IDH has been owned by a consortium consisting of the Carlyle Group and Palamon Capital Partners, since being bought from the buy-out division of Bank of America Merrill Lynch in January 2011. In March IDH placed a three-tranche £400m high yield bond, intending to secure additional facilities to continue its growth through the acquisition and development of dental practices across the UK. Kirkland & Ellisacted on the bond and Linklaters on the syndicated facility.