Latest Press Releases

20 August 2010
Travers Smith advises on IPO of NBNK
Travers Smith has advised NBNK Investments plc on its IPO on AIM which raised £50m (before expenses).
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19 August 2010
Travers Smith advises on IPO of Masawara plc
Travers Smith has advised Cenkos Securities plc as nominated adviser and broker to Masawara plc in relation to its IPO on AIM.
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18 August 2010
Travers Smith advises Marwyn Materials on £160 million reverse takeover
Travers Smith has advised AIM company, Marwyn Materials Limited, on its acquisition of the largest independent UK aggregates producer, Breedon Holdings
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05 August 2010
Travers Smith advises on historic bank launch
Metro Bank launch - the banking revolution begins
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04 August 2010
Travers Smith acts for longstanding client Pace on the $475m acquisition of 2Wire
Travers Smith is advising Pace plc on its proposed $475m acquisition of 2Wire, Inc., a leading provider of advanced residential gateways and associated software and services for the broadband service provider market.
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29 June 2010
Travers Smith acts on sale of Careline Services Limited to Hinduja Global Solutions Limited
Travers Smith corporate partner Paul Dolman led the team that advised the sellers on the sale of Careline Services Limited to HTMT Europe Limited.
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25 June 2010
Travers Smith advises Peel Group on airport divestment
Travers Smith corporate partners Richard Skelton and Anthony Foster acted for longstanding client the Peel Group on the sale of a 65 per cent. stake in its airports division to Vancouver Airport Services for an undisclosed sum.
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21 June 2010
Travers Smith acts on £70m takeover of Morse PLC
Travers Smith head of corporate finance Spencer Summerfield led a team advising Morse plc on its £70m takeover by 2e2 Limited.
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08 June 2010
Travers Smith advises Graphite Capital on London Square investment
A team led by Travers Smith corporate partner Andrew Roberts has advised Graphite Capital and GC Newco 1 Limited in relation to an investment into London Square, a new housebuilding business. 
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01 June 2010
Travers Smith advises on the sale of Premier Medical Group
Travers Smith has advised the Sellers (including Nomura Private Equity) on the sale of Premier Medical Group
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28 May 2010
Travers Smith acts on ITV – SDN pension partnership
Travers Smith LLP and Sacker & Partners LLP advised ITV Pension Scheme Trustees on the terms of a limited partnership with ITV plc for the main section of the ITV Pension Scheme.
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20 May 2010
Travers Smith advises Langholm Capital on the buy-out of Bart Spices
Travers Smith head of corporate Chris Hale and senior associate Lucinda Bowman acted for Langholm Capital and the buyer on the buy-out of Bart Spices, one of the UK´s leading quality herbs and spices suppliers.
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19 May 2010
Travers Smith advises on the sale of Traveljigsaw
Travers Smith corporate partner Paul Dolman has advised ISIS Equity Partners and Management on the sale of a majority stake in TravelJigsaw Holdings Limited ("TravelJigsaw"), the multinational car hire reservation service, to a subsidiary of Priceline.com, Inc., for an undisclosed sum. 
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12 May 2010
4 New Partner Promotions
Travers Smith associates Caroline Edwards (Litigation), Chris Gower (Corporate), Ed Mills (Employment) and Russell Warren (Tax) have been promoted to become Partners on 1 July 2010.
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10 May 2010
Travers Smith advises new client Safestore PLC on Spacemaker management deal
Travers Smith has advised Safestore Holdings plc, on a new 6-year management agreement with self-storage business, Spacemaker, under which Safestore will manage and operate Spacemaker's portfolio of 12 self-storage sites throughout the UK. 
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06 May 2010
Travers Smith lawyer elected as MP for Loughborough
Travers Smith corporate lawyer Nicky Morgan became the new MP for the Loughborough constituency at the General Election on 6 May. 
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29 April 2010
Travers Smith advises Bridgepoint on the acquisition of Hobbycraft
Travers Smith corporate partners David Innes, Edmund Reed and Ian Shawyer along with senior tax associate Russell Warren acted for a purchaser backed by funds managed by Bridgepoint on the management buyout of HobbyCraft.
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28 April 2010
Acertec Group restructuring
A Travers Smith cross-departmental team completed the refinancing and restructuring of the Acertec Group, an international supplier of car body products and services under its Stadco division whose customers include Jaguar Land Rover, Ford, BMW Mini and Aston Martin.
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27 April 2010
Travers Smith's Financial Services Head joins BVCA Hall of Fame
Travers Smith is delighted to announce that Margaret Chamberlain, who heads up the Financial Services and Markets Department, has been inducted into the British Private Equity & Venture Capital Association (BVCA) Hall of Fame.
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26 April 2010
Channel 4 calls on Travers Smith for its Freeview HD launch
Travers Smith has advised new client Channel 4 on its long-term agreement to broadcast Channel 4 HD on Freeview.
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14 April 2010
Travers Smith advises on the acquisition of Bath Rugby
Travers Smith has advised long term client Bruce Craig on his acquisition of Bath Rugby.
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01 April 2010
Travers Smith advises Promethean on the sale of Intermediactive Group
Travers Smith Corporate partner Paul Dolman has advised Promethean Investments LLP, the investment fund of which Promethean Plc is the primary investor, on the sale of its 75% shareholding in Intermediactive Group to a new company owned by the IMA management team in a secondary buyout transaction financed by Barclays Bank PLC.  The transaction values Promethean´s investment in IMA at up to £14.7m.
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01 April 2010
Travers Smith advises on the £50m admission to trading on AIM of Cambria Automobiles PLC
Travers Smith Corporate partners Paul Dolman and Neal Watson have advised the Nomad, Fairfax I.S. Plc, and Promethean Investments LLP (as the majority shareholder) on the £50m admission to trading on AIM of Cambria Automobiles Plc.
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30 March 2010
Travers Smith acts on US$104m sale of MX Telecom
Travers Smith Head of Corporate, Chris Hale, has advised the sellers on the US$104m sale of MX Telecom to New York Stock Exchange quoted Amdocs Limited.
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30 March 2010
Travers Smith advised on Synova´s acquisition of the Dental Buying Group
Travers Smith corporate partner Edmund Reed, tax partner Simon Skinner and banking partner Matthew Ayre advised DBG Topco Limited, a newco backed by Synova Capital Fund I LP, on the management buyout of the Dental Buying Group (DBG), the UK’s leading provider of dental services and products.
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29 March 2010
Travers Smith´s Chris Carroll succeeds Alasdair Douglas as Senior Partner
Alasdair Douglas, the Senior Partner of Travers Smith is to retire from the firm on 30 June this year having been a partner with the firm for 25 years, including six as Managing Partner between 1994 and 2000.
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29 March 2010
Travers Smith acts for Metric on its £190 million IPO
Travers Smith corporate partner Aaron Stocks has led a team which acted for Metric Property Investments plc, in connection with its successful £190m placing and offer for subscription.
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15 March 2010
Travers Smith acts for pension scheme trustees on the restructuring of the De Vere hotels group
Travers Smith restructuring partner Peter Hughes, pensions partner Peter Esam and pensions assistant Dan Naylor have advised The Greenalls Group Pension Trustees Limited in relation to the restructuring of the De Vere hotels group, one of the largest debt-for-equity swaps in UK corporate history.
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09 March 2010
Travers Smith acts on management buy-out of AMTECH by Primary Capital Limited
 Travers Smith corporate partner Andrew Roberts led a team comprising of corporate associate James Moon, banking associate Ben Davis and tax partner Simon Skinner advising a company backed by Primary Capital Limited on the £35m management buy-out of Amtech from HSBC Private Equity (UK).
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03 March 2010
Travers Smith acts on £325m sale of Deb Group
Travers Smith has advised Barclays Private Equity (BPE), one of Europe’s leading mid-market private equity investors, and management on the £325m sale of Deb Group (“Deb” or “the Group”), the ‘away from home’ skincare system company, to a newco backed by funds advised by Charterhouse Capital Partners. 
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19 February 2010
Travers Smith acts on Pinewood Shepperton plc German joint venture
Tom Purton, head of the Commercial Department at Travers Smith, led a team advising Pinewood Shepperton plc on a 50/50 joint venture with Studio Hamburg GmbH, to market their existing studio facilities in Hamburg and Berlin.
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10 February 2010
Travers Smith acts on Blacks Leisure Group plc´s placing and open offer and firm placing
Travers Smith has advised existing client Blacks Leisure Group plc on its £22 million placing and open offer and firm placing of new ordinary shares by Singer Capital Markets Limited following advising on the successful implementation of a company voluntary arrangement in December 2009.
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04 February 2010
Travers Smith acts on investment by 3i Infrastructure
Travers Smith has advised 3i Infrastructure plc on its acquisition of a 49.9% stake in Elgin Infrastructure Limited ("Elgin") for £39 million from Robertson Capital Projects Limited ("RCP").
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02 February 2010
Travers Smith acts on sales by Midas Capital
Travers Smith has advised Midas Capital plc on the disposal of its corporate finance advisory practice, Intelli Corporate Finance, to Canaccord Adams and its wealth management practice, iimia Wealth Management, to Jardine Lloyd Thompson Group plc.
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29 January 2010
Travers Smith advises on complex investment in CPA global for new client Intermediate Capital Group PLC
Travers Smith advised new client Intermediate Capital Group PLC and George Topco Limited, the purchaser, on its significant investment in CPA Global, the clear market leader in the global intellectual property services market and one of the world´s leading providers of broader legal services outsourcing.
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27 January 2010
Travers Smith has advised Bridgepoint Capital on its £955m sale of Pets at Home to Kohlberg Kravis Roberts
Private Equity partner David Innes commented: "Having acted on the original purchase of Pets at Home for Bridgepoint Capital in 2004, we are delighted to have advised the shareholders on a sale in what is clearly a more confident private equity market."
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27 January 2010
Travers Smith advises on £190m Xafinity deal
Travers Smith has advised management on Advent International's £190m acquisition of pension trust Xafinity from Duke Street Capital.
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22 January 2010
Travers Smith advises SSP Group on the sale of Harry Ramsden´s
Travers Smith corporate partner Helen Croke led a team advising SSP Group on the sale of Harry Ramsden´s fish and chip shop restaurant chain.
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19 January 2010
Travers Smith advises Phoenix on the sale of Acorn
Travers Smith advises Phoenix Equity Partners on the sale of Acorn Care and Education Limited to Teachers’ Private Capital, the private investment department of the Ontario Teachers’ Pension Plan.
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18 January 2010
Travers Smith advises Lyceum Capital on its investment in UK Drainage Network
Travers Smith advises mid-market growth investor Lyceum Capital, which has backed the management of UK Drainage Network (‘UKDN’), the largest drainage claims manager in the home insurance market, acquiring a majority stake.
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06 January 2010
Travers Smith advises dunnhumby on the £12.9m acquisition of KSS Retail Ltd
Travers Smith corporate partner Andrew Gillen led a team advising dunnhumby Limited, a subsidiary of Tesco, on the acquisition of the Eurovestech portfolio company, KSS Retail Ltd (“KSS Retail”).  The deal was valued at £12.9 million.
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05 January 2010
Travers Smith advises on MBO of leading energy consultancy
Travers Smith has advised Lyceum Capital Partners LLP on the £22.1m MBO of McKinnon & Clarke Limited, world leaders in energy consultancy.

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30 December 2009
Travers Smith advised management on the sale of British Car Auctions
Travers Smith Head of Corporate, Chris Hale, is leading a team acting for management on the sale of British Car Auctions to private equity firm Clayton, Dubilier & Rice from Montagu Private Equity.
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24 December 2009
Travers Smith acts on two simultaneous AIM admissions
A Travers Smith team led by corporate finance and investment funds partner Aaron Stocks, which included tax partner Richard Stratton and senior corporate associate Marcus Booth, have advised Marwyn Capital I Limited and Marwyn Capital II Limited in connection with their admission to trading on the AIM market of the London Stock Exchange plc and a placing of new ordinary shares of each company on 24 December 2009.
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21 December 2009
Travers Smith acts on groundbreaking LSE Turquoise deal
Travers Smith played a key role on the groundbreaking deal that will see the London Stock Exchange (LSE) purchase online trading platform Turquoise.
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08 December 2009
Travers Smith advises on largest private equity deal for over a year – the sale of Marken to a company backed by Apax
Travers Smith Head of Corporate, Chris Hale and Private Equity partner, Helen Croke, are advising the sellers on the sale of Marken to a new company backed by Apax Partners LLP.
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03 December 2009
Top ranked City firm
Travers Smith has been voted the top City firm and awarded the accreditation of Best Legal Adviser by Legal Week in its Client Satisfaction Report 2009.
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25 November 2009
Travers Smith acts on sale of ACP Group interests
Travers Smith corporate finance and investment funds partner Aaron Stocks led a team including litigation partner Andrew King, banking partner James Richards and senior corporate associate Marcus Booth who advised AIM-quoted companies ACP Capital Limited and ACP Mezzanine Limited.
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06 November 2009
Travers Smith acts on London Mining IPO
Travers Smith has advised existing client London Mining plc ("London Mining") on its IPO on AIM and £72 million placing of existing shares by Liberum Capital Limited and GMP Securities Europe LLP. Head of Corporate Finance Spencer Summerfield led the Travers Smith team that included senior corporate assistant Adrian West.
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05 November 2009
Travers Smith advises Blacks Leisure Group plc on its proposed restructuring plan
A Travers Smith team led by Head of Corporate Finance Spencer Summerfield, Head of Banking Jeremy Walsh and Restructuring Partner Peter Hughes have advised Blacks Leisure Group plc on its proposed restructuring, which involves two company voluntary arrangements, the extension of a standstill agreement for its existing facilities and the execution of new facilities totalling £42.5m from Bank of Scotland, with its Stock Exchange listing remaining intact.
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23 October 2009
Travers Smith advised new international client e-Rewards on its £85.1m takeover of Research Now plc

A Travers Smith team led by Corporate Finance partner Andrew Gillen and Banking partner Matt Ayre have advised new international client e-Rewards, the world´s largest "by invitation only" online research panel, on their £85.1m takeover offer for Research Now plc.
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23 October 2009
Travers Smith wins the Legal Sector Alliance Award for Excellence in Environmental Responsibility
Last night at the Law Society Awards, Travers Smith won the Legal Sector Alliance Award for Excellence in Environmental Responsibility for its visionary pro bono project - Leapfrog.
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01 October 2009
Travers Smith chooses Coram as its Charity of the Year 2009/10
Travers Smith is delighted to support Coram, a London-based charity that has been helping disadvantaged children since 1739.
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