Eversheds and Pinsent Masons have lined up on opposite sides of a rare private equity deal, with the former advising the vendor and the latter the buyer
of offshore oil and gas company Viking Moorings.
Pinsents private equity partner Gregg Davison led a team of more than 40 lawyers advising HSBC Private Equity on the £170m purchase.
Davison, who is based in Pinsents’ Manchester office, joined the firm from Hammonds earlier this year after a period of gardening leave (The Lawyer, 2 October 2008).
Eversheds private equity partner Robin Skelton led the team acting for vendor Inflexion Private Equity, which backed a management buyout of Aberdeen-based Viking in January 2006.
The debt package for the deal was provided by RBS, Lloyds TSB, HSBC and Clydesdale Bank.
The banks were advised by Maclay Murray & Spens finance partner Scott Swankie.