Mark Stephens

Senior Counsel

Mark advises management teams on private equity and other private capital transactions.

Mark focuses on making the transaction process as smooth and efficient as possible by explaining complex issues in a simple, commercial manner and identifying key points that go towards optimising and protecting value for management. He is experienced working on the full range of private equity and private capital transactions including primary leveraged buyouts, secondary buyouts, take privates, carve outs and management equity plan resets.


The transactions Mark works on often involve managers resident in multiple-jurisdictions and he regularly works alongside corporate finance, valuation, tax, employment and estate planning advisers to provide holistic and joined up advice.

Experience

  • Advising the management team of the Evelyn Partners Professional Services business (now S&W) on a management equity plan following its sale by Permira and Warburg Pincus to Apax Partners.
  • Advising the management team of SEVES Group, the parent company of Sediver Group, on a management equity plan following its sale by Triton to Blackstone.
  • Advising the management team of the Kantar Media business on its sale by Kantar Group to HIG Capital and a new management equity plan.
  • Advising the management team of Hyve following its take private by Providence Equity Partners and Searchlight Capital Partners.
  • Advising the management team of Zellis, a payroll and HR software firm, on its sale to Apax and a new management incentive plan.
  • Advising the management team of Ergomed on a new management incentive plan following its take private by Permira.
  • Advising the management team of Fastmarkets on a management equity plan following the £1.7bn take private of Euromoney plc by a consortium owned by funds managed by Astorg and Epiris.
  • Advising the management team of Enva on its sale to I Squared Capital and new management equity plan.
  • Advising the management team of Meadow Foods on its sale to Fairfax Financial and new management equity plan.
  • Advising the management team of Ideagen on a management equity plan following its £1.05bn take private by Hg Capital.
  • Advising the management team in connection with a new management incentive plan following the acquisition of Morrisons by CD&R.
  • Advising the management team of Asda in connection with the £6.8bn sale by Walmart to TDR Capital and the Issa brothers and subsequent sell down by the Issa brothers to TDR Capital.

Case studies

Insights and news