Weil gifts HG Capital work to Campbell Hooper

London firm Campbell Hooper received “the crumbs off Weil Gotshal [& Manges’] table”, according to Campbell Hooper chairman Martin Wright, by advising new client HG Capital on an asset disposal of a manufacturing company in which it had a controlling interest.

Wright, who led the deal, explained that the firm scored its first instruction off HG Capital through Weil’s star private equity partner Marco Compagnoni.

Compagnoni recommended 23-partner Campbell Hooper after acting opposite the firm in a September deal. “They didn’t muck about and got the job done,” he said.

The deal saw FTSA Holdings, in which HG Capital had a majority interest, sell off a loss-making division to Utilcell, a Spanish load-cell manufacturer.

Utilcell instructed BDO Audiberia, BDO Stoy Hayward’s Spanish arm, which has a legal capability.

HG Capital followed Compagnoni from Lovells to Weil in July and dropped Lovells from its legal panel, which also includes Clifford Chance, Dickson Minto and Linklaters.

HG Capital chief investment officer Frances Jacob told The Lawyer: “We go with people, not firms.”

In that regard the future looks promising for Campbell Hooper. HG Capital associate director Ian Moore said: “They carried out the assignment with good humour and efficiency. I look forward to working with them again in the future.”