Tax issues on stake sales and investment into managers: structuring, pitfalls and steps to take now
About
Stephen leads our Sponsor Solutions group.
He advises clients across the spectrum of private capital transactions including secondaries, GP sales, leveraged buyouts and preferred equity investments.
Experience
- Advising European asset manager Aermont Capital on the sale of an initial 50% stake to Keppel Corporation Limited.
- Advising the lead investor in a continuation fund to purchase Froneri, a global ice cream manufacturer.
- Advising a lead investor in respect of a $2.2bn GP-led multi-asset continuation fund transaction established by Five Arrows.
- Advising a lead investor in a continuation vehicle formed to acquire majority control of David Lloyd Leisure.
- Advising Crestline Investors on its preferred equity solution to Foster Denovo, a UK based wealth manager.
- Advising private equity firm Epiris on the acquisition of Amber Taverns by one of its advised funds, Epiris Fund III.
- Advising Exponent on its acquisition of H&MV Engineering Limited, an Irish-headquartered business specialising in high voltage electrical engineering.
- Advising US private equity house Wellspring Capital on the merger of its portfolio company Airswift, a global workforce solutions provider with Competentia, a global recruiting and workforce management specialist.
- Advising Waterland Private Equity Investments on its acquisition of Priory Group, the leading provider of behavioural healthcare services in the UK, from Acadia Healthcare Company Inc.
- Advising Legal & General on its acquisition of a 40% equity stake in Pemberton Asset Management Holdings Limited.
- Advising on the purchase of a stake in Liberty department store.
- Advising on the c.€400m Lion Capital continuation fund for Picard and Authentic Brands Group.
- Advising private equity firm Epiris on the sale of TI Media, the large UK publisher previously known as Time Inc UK, to Future plc.
- Advising Goldman Sachs and Deutsche Bank on their acquisition of the private equity fund portfolio of the National Bank of Greece.
- Advising Caledonia Investments plc on its acquisition of The Liberation Group from LGV Capital.
- Advising Wellspring Capital Management on the merger of Swift Worldwide Resources and Air Energi.