Luke co-heads the firm’s mergers and acquisitions group.
He advises on all aspects of M&A transactions. Luke has experience in many sectors but particularly specialises in financial services, asset management and private equity (both buy-outs and secondaries).
Clients for whom he acts regularly include Chrysalis Investments (formerly Merian Chrysalis), Federated Hermes, Glendower Capital, Goldman Sachs, Keyhaven Capital, Legal & General and Permira.
Advising Goldman Sachs on multiple transactions including the acquisition of the NBG funds from National Bank of Greece S.A.
Advising Legal & General on multiple transactions, including its investments in Pemberton and Salary Finance.
Advising Arcmont on its spin-out from BlueBay Asset Management, backed by Dyal Capital Partners, and its establishment as a stand-alone business.
Advising Keyhaven Capital on a funding commitment of up to €260m from Aleph Capital Partners and Crestview Partners into DARAG, a Keyhaven portfolio company specialising in acquiring run-off insurance portfolios.
Advising Hermes Investment Management on the sale of a 60% interest to Federated Investors.
Advising J.C. Flowers & Co. on multiple transactions, including its acquisition of Interactive Investors and Cabot Credit Management Limited.
Advising L3Harris Technologies on its sale for $1bn of its Security Detection and Automation businesses to Leidos Holdings, Inc., its £224m acquisition of MacDonald Humfrey (Automation) Limited, its £143m acquisition of CTC Aviation from Inflexion Private Equity Partners and on the £83m acquisition of Thales’ civil aircraft simulation and training business.
Advising Glendower Capital on its backing of Zurmont Madison, the BlueGem Capital restructuring and the acquisition of Liberty.
Advising Chrysalis Investments on its investments in Hut Group, Transferwise, Secret Escapes, Growth Street, WeFox, Featurespace and Starling Bank.
"Luke Powell is a standout partner and provides the confidence and authority to take tough stances to protect his clients' interests’."
The UK Legal 500 2019
