Pinsents, Eversheds scoop lead roles on Viking deal

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.