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.
Memery Crystal has completed its first deal for leading corporate finance house and FTSE-100 company Old Mutual Securities.
Internet incubator Arlington Group transferred from OFEX to AIM, raising £35m in the process. Old Mutual Securities acted as the nominated adviser (nomad) and broker. Pinsent Curtis, led by corporate finance partner Gareth Edwards, acted for the issuer.
The firm's main relationship is with corporate finance house and nomad Seymour Pierce. The firm also works with a few other corporate finance houses, including the Smith & Williamson Group and Investec Hendersen Crosthwaite.
Memery Crystal and Old Mutual first worked together earlier this year when they worked on the same deal. Memery Crystal was acting for Primar-e on its transfer from the London Stock Exchange to AIM. The company is now called Glow Communications.
Old Mutual has a market capitalisation of £5.2bn. Corporate finance partner Lesley Gregory, who worked on the Arlington Group deal as well as the Glow transaction, says the instruction was a coup for the firm.
She adds: "It shows that we are getting instructed by more blue chip brokers and that our profile is good." However, she refuses to be drawn on whether the corporate finance house will instruct the firm again, other than to say that she hopes the relationship will continue.
The 12-partner firm emerged as the top practice in The Lawyer IPO 2000: AIM survey, acting on 26 deals worth £292.76m during an 18-month period (The Lawyer, 2 October).