Wragge advises MxP Partners on private equity buyout of Amber Taverns

Wragge Lawrence Graham & Co has advised investment firm MxP Partners on its £80m private equity buyout of Amber Taverns.

MxP Partners, a founding shareholder of the business, acquired Amber Taverns from Legal & General Capital in a buyout jointly backed by Bluebay Asset Management.

Owing to the unusual and complex nature of this transaction, in addition to the more vanilla acquisition and debt finance aspects typical to buyouts of this size, Wragge Lawrence Graham & Co took an innovative approach to the equity structuring of the deal and to advising on the provision of various deal-specific funding structures to enable its successful completion.

Corporate partner Ian Piggin led the Wragge Lawrence Graham & Co 13-strong multidiscipline team comprising: partners Sharon Ayres (funds), Kirsty Barnes (banking and finance) and Phil Clissitt (real estate); directors Penny Sanders (financial services regulation), Jonathan Segal (banking and finance) and Graham Spalding (corporate); associates Laura Charles (funds) and Nicholas Crabtree (corporate); and solicitors James Bradshaw (corporate), Anup Mehta (corporate), Saffron Smith (corporate) and Amy Tabari (real estate).