Press Releases

16 September 2014

Travers Smith advises Micro Focus on the merger with the Attachmate Group

Travers Smith has advised international software and application management solutions group Micro Focus on its proposed merger with the Attachmate Group, a global provider of enterprise infrastructure software solutions.

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11 September 2014

Travers Smith advises management on the sale of Keepmoat to Sun Capital and TDR Capital

A Travers Smith team led by private equity partner James Renahan and senior associate Matthew Kichenside have advised management on the sale of Keepmoat. Sun Capital and TDR Capital have agreed to buy the Doncaster-based homebuilder and provider of social housing for a reported £400 million. Completion is expected to occur by the end of November 2014 and is subject to regulatory clearances.

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10 September 2014

Travers Smith advises Estover Energy on equity investment by John Laing and UK Green Investment Bank in 74 million pounds Speyside CHP project

A Travers Smith team led by corporate partner William Howard has advised existing client Estover Energy in connection with the equity investment by John Laing and UK Green Investment Bank in a new biomass Combined Heat and Power (CHP) plant in Speyside, Scotland which has been developed by Estover.

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08 September 2014

Travers Smith advises Patron Capital on the sale of Gracewell Healthcare and formation of partnership with Health Care REIT

A Travers Smith team, led by real estate partner Simon Rutman and corporate partner Edmund Reed, has advised Patron Capital, the pan-European institutional investor focused on property-backed investments, on the sale of Gracewell Healthcare. The company and its portfolio of 11 seniors housing communities was acquired for £153 million by Health Care REIT (NYSE: HCN), an Ohio-headquartered real estate trust, which invests across the spectrum of senior housing and health care real estate. The management company was acquired by Sunrise Senior Living, which provides resident-centre care services, in the US, UK and Canada.

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05 August 2014

Travers Smith acts for Bridgepoint Development Capital on the sale of The Energy Solutions Group

Helen Croke and Ian Keefe have advised long standing client Bridgepoint Development Capital (BDC), a major international private equity group, and other shareholders, on the sale of The Energy Solutions Group (ESG) to SSE plc for £72 million.

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05 August 2014

Travers Smith acts for Paragon Offshore plc on $1bn demerger from Noble Corporation

Travers Smith LLP has advised Paragon Offshore plc and Noble Corporation plc on the creation of Paragon and its demerger from Noble Group, which became effective on 1 August 2014. Paragon is listed on NYSE. Trading in its shares commenced on 4 August 2014.

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30 July 2014

Travers Smith acts on IPO of easyHotel

Corporate partner Richard Spedding advised Investec Bank plc on the £30m AIM IPO of easyHotel plc.

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23 July 2014

Travers Smith advises on the IPO of Spire Healthcare Group plc

Travers Smith private equity partner Paul Dolman and corporate finance partner Adrian West have advised the management of Spire Healthcare Group plc on the initial public offering of the company on the Official List. Admission and unconditional dealing in the shares commenced on 23 July 2014. At admission Spire had a market capitalisation of approximately £840 million.

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22 July 2014

Travers Smith advises Cath Kidston Group Limited and its shareholders on the investment by Baring Private Equity Asia

Travers Smith's Head of Private Equity Paul Dolman and private equity partner Jim Renahan have advised Cath Kidston Group Limited and its shareholders including former majority shareholder TA Associates on the investment in Cath Kidston Group Limited by Baring Private Equity Asia ("Baring Asia"). Baring Asia will have equal ownership with TA Associates.

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22 July 2014

Travers Smith acts on Silverfleet Capital's acquisition of AGR Holdings AS

A Travers Smith team led by corporate partner Phil Sanderson has, alongside Schjødt AS, advised Silverfleet Capital on the acquisition of AGR Holdings AS ("AGR"), the petroleum services division of Olso-listed AGR Group ASA for NOK 1,640 million (c. €195 million).

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