Press Releases
15 May 2013
Travers Smith announces new partner promotions
Travers Smith LLP is pleased to announce the promotion of three new partners to its partnership, effective 1 July 2013.
more13 May 2013
Travers Smith acts on the acquisition by Ashtead Group Plc of Accession Group Plc
A Travers Smith team led by Corporate Partner, Philip Cheveley, advised Ashtead Group PLC ("Ashtead Group") on its acquisition of Accession Group Limited ("Accession"), including its principal trading subsidiary Eve Trakway Limited, for an initial cash consideration of £29m. Additional consideration of £7m may also become payable depending on Accession's profits in the year to 28 March 2014.
more08 May 2013
Travers Smith advised Pure Gym and its selling shareholders on its sale to a new company, backed by affiliates of CCMP Capital Advisors, LLC
Travers Smith private equity partners, Phil Sanderson and Edmund Reed, advised the shareholders of Pure Gym on the sale and the management team on the reinvestment in the new Group.
more08 May 2013
Travers Smith advises all selling shareholders on the sale of Civica to Omers Private Equity
A Travers Smith team, led by Private Equity partners Chris Hale and James Renahan, has advised 3i Group plc ("3i"), funds managed by 3i and management on the sale of Civica, an international market leader in specialist IT systems and business process services for the public sector, to OMERS Private Equity for an enterprise value of £390m.
more02 May 2013
Travers Smith acts on the £73m placing and open offer by Tyman and move to the official list
A Travers Smith team led by Corporate Partner, Andrew Gillen, advised Rothschild (as sponsor), Canaccord Genuity (as nomad, sole broker and lead bookrunner) and HSBC (as joint bookrunner) on the £73m placing and open offer by Tyman plc to finance the acquisition of Truth Hardware, a North American window and door hardware manufacturer, from Melrose Industries PLC, and Tyman's proposed move from AIM to the Official List. Tyman is an international supplier of components to the door and window industry.
more30 April 2013
Travers Smith advised the management shareholders of R&R Ice Cream on its sale to a new company backed by PAI Partners
Travers Smith Head of Corporate, Chris Hale, is leading a team advising the management shareholders of Yorkshire based ice cream maker R&R Ice Cream (“R&R”) on its sale to a new company backed by French private equity firm PAI Partners.
more25 April 2013
Travers Smith advises Pinewood Studios on China joint venture endorsed by Prime Minister David Cameron
A Travers Smith team led by Head of Commercial, IP and Technology, Tom Purton, and including senior associate Ben Chivers has advised Pinewood Shepperton plc ("Pinewood") on a 50:50 joint venture agreement with Seven Stars Ltd ("Seven Stars").
more17 April 2013
Travers Smith advises Global Navigation Solutions on its acquisition of HanseNautic
A Travers Smith team led by, Corporate Partner, Edmund Reed and, Tax Partner, Russell Warren, and working in conjunction with a team from German law firm Beiten Burkhardt, has advised Global Navigation Solutions ("GNS"), a business backed by longstanding client Phoenix Equity Partners, on its acquisition of HanseNautic GmbH ("HanseNautic"), for an undisclosed amount.
more15 April 2013
Travers Smith advises Web Reservations International on the acquisition of HostelBookers.com
Travers Smith private equity partners Paul Dolman and Ian Shawyer are advising Hellman & Friedman owned Web Reservations International, owners of the HostelWorld.com and Hostels.com brands, on the acquisition of HostelBookers.com.
more11 April 2013
Travers Smith acts on acquisition of IPES
A Travers Smith team led by Phil Sanderson and Edmund Reed has advised Silverfleet Capital on the acquisition of Ipes, one of Europe’s leading providers of fund administration and outsourcing services to the private equity industry from RJD Partners, in a £50 million transaction. Completion is subject to obtaining regulatory clearances.
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