M&A
LG helps conduct acquisition of bus manufacturer
Business law firm LG has advised nominated adviser and broker Cenkos Securities plc on a fundraising to finance the acquisition of Jamesstan Investments by Darwen Holdings Plc (now Optare plc) for an enterprise value of £15.95 million.
12 August 2008
Trio of deals sees Clipper Windpower raise over $350m
LG, the business law firm, has advised long-standing client Clipper Windpower Plc ("Clipper") – the manufacturer of advanced wind turbines and developer of international wind energy projects – on a series of deals that support Clipper's rapid business growth in the US market.
2 May 2008
Cygnet completes £340 million transaction
LG’s healthcare team has advised Cygnet 2008 Limited on its acquisition of the entire issued share capital of Cygnet 2002 Limited for £340 million.
17 April 2008
LG advises Patni Computer Systems on $200m partnership with The Carphone Warehouse
LG, the London-based business law firm, has advised Patni Computer Systems – a leading Indian IT services provider – on a $200 million deal with UK FTSE mobile phone provider, The Carphone Warehouse.
15 November 2007
£95m private equity purchase is child's play for LG
LG, the business law firm, has advised Swordfish Investments LLP on its £95 million acquisition, together with Dawnay, Day Principal Investments, of Asquith Day Nurseries Limited from private equity firm Lyceum Capital Ltd.
01 August 2007
LG advises leading Indian IT company on European acquisition
LG, the London-based business law firm, has advised Patni Computer Systems – a leading Indian IT services provider – on its acquisition of Europe-based Logan Orviss International.
31 July 2007
First use of moral hazard powers by Pensions Regulator
Companies looking toward M&A must move pensions issues up agenda, lawyers warn
18 June 2007
LG advises Canadian-listed company on cross-border takeover
LG's corporate team is advising Canadian company PhotoChannel Networks Inc. - a digital photography technology company listed on Canada's TSX Venture Exchange on its takeover of digital photography provider, Pixology Plc
06 June 2007
LG advises on leading accountancy firm merger
LG has acted for MRI Moores Rowland LLP and its associated company, Chiltern Corporate Finance Limited, in the merger of their businesses with Mazars LLP.
18 April 2007
Christie's makes first move into the primary art market
LG has acted for the shareholders of art dealers Haunch of Venison Partners Limited in the sale of the company to Christie's, the international auction house.
28 February 2007
Entertainment Rights Plc builds its International cast of characters with Us$305 million acquisition of Classic Media
LG, the London-based business law firm, has advised Entertainment Rights plc on its US$305 million acquisition of Classic Media Holdings, Inc., the US-based owner of an extensive portfolio of children's and family characters and brands (including ‘Lassie’ and ‘The Lone Ranger’), as well as on Entertainment Rights’ £71m Placing and Open Offer and new £138 million loan facilities with Bank of Scotland.
11 January 2007
LG advises on string of healthcare acquisitions
LG has acted for AIM listed Healthcare Locums Plc on its acquisition of the entire issued share capital of Blue Group International Holdings Limited - one of the leading qualified social work agencies in the UK - for a value of £14 million.
8 December 2006
LG advises USS on £267M sale of Gyle Shopping Centre
LG, the London-based business law firm, has advised Universities Superannuation Scheme Ltd on the sale of Gyle Shopping Centre, Edinburgh for £267 million to Belfast based property company William Ewart Properties Ltd.
23 October 2006
LG advises on £107.5M sale of Chez Gerard Restaurant Group
LG, the London-based law firm, has advised investment boutique Dawnay Day, North Atlantic Value LLP and management on the sale of Craftbutton Limited to PPM Capital for £107.5 million.
13 October 2006
LG helps Regent Inns add 'third arm' to leisure portfolio
LG, the London-based law firm, has advised Regent Inns plc on its £26m purchase of the 'Old Orleans' chain of restaurant/bar outlets from Punch Taverns, Britain's largest pub group.
22 August 2006
LG advises Wilmington Group on £165m merger with Metal Bulletin
LG, the London-based business law firm, has advised long-standing client, Wilmington Group plc, the business information and training group, on its proposed recommended merger with Metal Bulletin, the international business information group. The combined market capitalisation of the merged group – to be known as Bulletin Group – will be approximately £330 million.
24 July 2006
LG advises Cofra on sale of UK specialist mortgage lending operation
London-based business law firm LG has advised COFRA Holding AG - the Swiss company which holds interests including retail, real estate, private equity investments and financial services - on the disposal of its UK specialist mortgage lending operation, London Mortgage Company, to Lehman Brothers for an undisclosed amount. The deal followed from a wide-ranging international auction process, and the transaction completed on Tuesday, 2 May 2006.
3 July 2006
LG advises NIIT Technologies on acquisition of leading insurance solutions provider
London-based law firm LG has advised NIIT Technologies Limited, the global IT solutions company, on its US$25M acquisition of ROOM Solutions Limited, a UK-based supplier of IT solutions to the insurance market.
31 May 2006
£82M management buy out of Discovery Group
Lawrence Graham LLP has advised the share holding management team of Discovery Group Limited on the recent exit from Discovery by its former lead investor, August Equity, and the simultaneous acquisition of Discovery for £82 million by members of the management team and Exponent Private Equity, acting through a new corporate vehicle.
10 April 2006
LG helps Grasshopper Investments achieve strategy through reverse takeover
LG advised AIM-listed Grasshopper Investments plc on its reverse takeover of GoIndustry AG, a global leader in auctions and valuations of used industrial machinery and equipment, and the enlarged Group's subsequent re-Admission to AIM.
2 February 2006
LG advises Knightsbridge Petroleum (UK) Limited on Us$460m sale of Latin American Oil Assets
LG has advised Knightsbridge Petroleum (UK) Limited, the independent oil and gas company, on the US$460m sale of its Venezuelan and Colombian oil production and exploration assets to French-listed oil company, Etablissements Maurel & Prom. The existing management team of Knightsbridge will continue to provide management and support services to the various entities that have been sold.
11 August 2005
LG helps Satyam enter Europe with Citisoft acquisition
LG is advising international global IT solutions provider Satyam Computer Services Limited on its acquisition of Citisoft plc, a UK business and systems consulting firm focused on the investment management industry. Consideration for Citisoft comprises a guaranteed payment of $23.2m payable over a 3-year period and an additional performance based payment of up to $15.5m, to be paid over a 3-year period.
27 April 2005
Development Securities acquires site for regeneration
LG LLP has advised Development Securities PLC in relation to its acquisition of the freehold of a 3.20 acre site in Huyton in Merseyside for £5m.
16 February 2005
Debenhams Retail plc acquires new stores from Allders' administrators
LG advised Debenhams Retail plc on its acquisition of eight Allders stores from Kroll, Allders’ administrators.
14 February 2005
LG advises on global air cargo merger
London-based law firm LG has advised new client Cargolux Airlines International S.A. in connection with its joint venture with SITA INC to create the world's market leading company in air cargo IT automation.
20 January 2005
LG and Herbert Smith advise Multiplex and Hammerson on Joint Venture Arrangements
LG and Herbert Smith have acted for their respective clients, Multiplex Limited and Hammerson UK Properties plc, on the joint venture arrangements surrounding the £18.6 million sale by Pillar to Multiplex of their 50% interest in Cricklewood Regeneration Limited.
17 January 2005