The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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 Piper acted for longstanding client Enterprise on the take-private that was backed by private equity company 3i. Manchester-based corporate partner Stephen Devlin led the team for Enterprise.
3i created a newco for the MBO, Kirk Newco, with Addleshaw Goddard advising Kirk Newco and Enterprise’s management turning to Travers. The management team included Enterprise’s chairman and acting CEO Owen McLaughlin, and its financial director Neil Kirkby.
Travers Smith’s team was led by head of private equity Charles Barter. The firm successfully pitched for the instruction following a recommendation from former Close Brothers executive Simon Tomlinson, now the private adviser to McLaughlin.
The deal follows on the heels of the £360m secondary MBO of Fat Face yesterday (Tuesday 27 March), which Barter led for purchasers Bridgepoint. Berwin Leighton Paisner advised the management and Weil Gotshal & Manges led for sellers Advent.
Meanwhile, on the Enterprise deal, corporate partner Yunus Seedat led the team at Addleshaws. Seedat has advised 3i and its newcos on past take privates since that of Allied Textiles in 2000.