Deals round-up

Cinven instructs Ashurst on sale of car parks business

Ashurst is advising Cinven, the owner of NCP, on either a refinancing or an outright sale of the UK car parks business. Ashurst also advised the private equity house when it bought NCP three years ago from Cendant for £820m. Cinven beat off competition from Apax and BC Partners, advised by Lovells and Dickson Minto respectively. It is understood that around 20 parties, including private equity and trade bidders, have expressed an interest in buying NCP.

Travers advises Nomura on Lifeways investment

Travers Smith advised new client Nomura International on its investment in Lifeways Community Care. Nomura will work with Lifeways’ management team. Edmund Reed and David Innes led for Travers. Nigel Craig of Blake Lapthorn Linnell acted for Lifeways’ existing shareholders and directors.

Norton Rose represents Thani on potential LSE float

Norton Rose is advising Dubai energy group Thani Investments on a possible flotation on the London Stock Exchange. London-based corporate partner Raj Karia is acting for the company on a restructuring programme that could see part of Thani listed in London. Norton Rose, which has a strong Middle East practice, has previously worked for the company. Thani owns companies working in the property, oil, mining and power sectors.

Richard Rogers looks to SJ Berwin on property purchase

SJ Berwin, led by real estate head Bryan Pickup, advised the Richard Rogers Partnership, which was led by residential property designers Candy and Candy, on its acquisition of 250,000sq ft Knightsbridge office building Bowater House. Nabarro Nathanson partner Lisa Mantle advised longstanding client Land Securities. Maclay Murray & Spens advised Bank of Scotland Corporate as debt providers.