Carey Olsen‘s corporate team assists clients engaged in high-value cross-border M&A transactions and restructurings, with particular expertise in deals which involve Guernsey structures. In addition to acting for LSE-listed clients, the firm advises on transactions concerning Guernsey-registered buyers and sellers. The team is led by Tom Carey - who advises private equity and investment fund clients on a range of transactional and restructuring matters - and public and private M&A, schemes of arrangement and listings specialist Tony Lane. Andrew Boyce‘s practice includes investment and finance transactions, with particular expertise in the establishment and structuring of open and closed-ended funds and associated credit and structured finance products. Senior associate Arya Hashemi is the key contact for cross-border M&A and competition issues.
Corporate and M&A in Guernsey
Tom Carey; Tony Lane
Other key lawyers:
Andrew Boyce; Ben Morgan; Annette Alexander; Arya Hashemi; Colin Calvert
‘The team is undoubtedly the market leader in the offshore M&A world. Their lawyers are responsive and proactive in their approach and their technical excellence (whilst expected) is constantly delivered. I wouldn’t go anywhere else.’
‘Andrew Boyce is a market leader and genuinely an expert in his field. He is always available and presents a team approach that means there is no transaction that is too big for them to service.’
‘The team is exceptionally helpful with our Guernsey legal requirements – they know our funds inside out and provide highly valued support.’
‘The team is very commercial, quick to understand complex legal structures and provide well thought through legal advice. They are always very quick to respond and ensure that changes to capital structures at the holdco level are registered by our fund administrator properly, providing them with the necessary paperwork and challenge if this is not undertaken in a timely manner.’
Antler Holdco Limited
Apex Fund Services Holdings Limited
- Advised Antler Holdco on the acquisition of its issued share capital by asset management firm Abrdn.
- Advised Terra Firma on a joint venture with Partners Group, and the creation of a new group structure relating to the acquisition of a majority stake in Richborough Estates Holdings.
- Assisted with the sale of Aspen Phoenix Topco, the indirect holder of the Paperchase business.
The practice at Mourant handles the complete spectrum of corporate and transactional matters, handling both multi-jurisdictional M&A, and deals between Guernsey-domiciled clients. The team is particularly well versed in advising the financial sector, assisting target and bidder companies with the regulatory aspects of transactions. Real estate deals are a further area of focus for the firm and practice head John Rochester, who advises on real estate structuring and financing. Frances Watson‘s practice includes both public and private M&A and transactions involving family offices, while John Lewis handles transactions and restructurings in the private wealth space. Helen Wyatt specialises in regulatory advice in the financial services sector, as does senior associate Charlotte Brown, who joined the firm from Ogier in May 2022. Alana Gillies Ridout advises on private M&A and commercial contracts.
Other key lawyers:
Frances Watson; John Lewis; Helen Wyatt; Alana Gillies Ridout; Andrew Grant; Charlotte Brown
‘Approachable, pragmatic and dynamic.’
‘Willingness to help and supremely professional.’
‘There is an impressive strength and depth of team that consistently provides considered and particular advice without a fuss.’
Lembaga Tabung Haji
Preservation Capital Partners
The Bank of N.T. Butterfield & Son Limited
- Advised Corporation Service Company on its $2bn acquisition of the Intertrust group, which includes companies licensed by the Guernsey Financial Services Commission.
- Advising The Bank of N.T. Butterfield & Son on Guernsey law in relation to its purchase of Credit Suisse’s global trust business in Singapore, Guernsey and the Bahamas.
Ogier‘s ‘totally reliable’ corporate practice group offers an all-encompassing service, covering both local and cross-border M&A, alongside regulatory, private wealth, real estate and competition matters. Contentious insolvency and other court proceedings also fall within the team’s scope. The leadership trio consists of Bryon Rees, who advises on private equity transactions; funds and investment structure specialist Tim Clipstone; and insurance specialist Richard Sharp, who returned to the team from Bedell Cristin in February 2023. Senior associate James Walsh rejoined from the same firm in July 2022. Managing associates Richard Doyle and Michelle Watson Bunn are also noted, as is senior associate James Dickinson.
Other key lawyers:
Richard Doyle; Michelle Watson Bunn; James Dickinson; James Walsh
‘Good team, technically proficient, responsive and helpful.’
‘Easy to work with, timely and commercial advice.’
‘The Ogier team is responsive when providing offshore assistance.’
‘Super responsive and willing to invest time in helping on matters to build a long-term relationship rather than just focusing on execution from deal to deal (although they are also very good at that too).’
‘The team is really user-friendly and responsive, and totally reliable. High quality advice delivered in a very professional manner.’
‘Bryon Rees leads the team and is a pleasure to work with. He and his team are always ready and willing to help and deliver top quality advice in a timely and efficient way.’
‘Good communication skills and in-depth technical expertise. Transparent billing procedure.’
‘Tim Clipstone and James Dickinson are user-friendly, always available and commercially focused.’
Viacom CBS Inc
Walkers is adept at handling cross-border M&A and other corporate transactions, advising clients including private equity houses and fintech companies on multi-jurisdictional deals, restructuring measures and investments, in addition to providing regulatory support. Leading the practice are managing partner Matt Sanders, an M&A and corporate structuring specialist, and Craig Cordle, who advises on the sale, acquisition and structuring of listed and private funds. Chris Hutley-Hurst is noted for his international tax practice, while senior counsel Jessica Robinson specialises in transactions involving trust companies. Kate Storey, acting as a consultant as of April 2023, handles insurance and funds matters.
Matt Sanders; Craig Cordle
Other key lawyers:
Kate Storey; Chris Hutley-Hurst; Jessica Robinson; Angela Proctor
‘The partners engaged have appropriate employment, regulatory and fund formation experience. On the particular assignment the engagement was great – attended meetings at our offices to understand our situation, delivered detailed specific advice in a timely fashion and updated and re-engaged accordingly.’
‘Walkers is helping our company to set up in Guernsey. There are no precedents to the type of business in Guernsey, although there are many in the UK. Walkers has taken the time to understand how the UK business works, including how it is regulated, and then provided us with a pathway to achieve equivalent outcomes in Guernsey. This was not a straightforward task but it has been done efficiently and whilst keeping the billable hours low.’
‘Chris Hutley-Hurst was recommended to us because he was involved in helping the local regulator organise and implement wide-ranging regulations. The relationship he has with them has enabled him to help us to navigate the submission of an application as a new applicant during the regulatory transition period.’
Toronto Dominion Bank
Platinum Equity Advisors
- Advised Equitix on its investment into the Hornsea One wind farm and the associated financing arrangements.
- Advised Toronto-Dominion Bank on the Guernsey aspects of their $1.3bn acquisition of Cowen.
- Advised on the establishment and regulation of a new credit card provider.
Appleby specialises in handling multi-jurisdictional transactions and related regulatory matters, in particular those that are carried out via Guernsey schemes of arrangement, while also advising on the restructuring of UK-based financial institutions. The ‘absolutely first class’ Stuart Tyler leads the team, with a broad workload which spans acquisitions of insolvent companies, regulatory matters, debt financing and fundraising.
Other key lawyers:
‘Strengths in corporate and M&A activity; in particular in insurance and banking, but more recently in complex technology projects.’
‘Stuart Tyler has the ability of taking highly complex problems and helping resolve them for a relative layman with remarkable economy and decisive results. Consequently he is highly sought after among my peers.’
‘The team at Appleby is excellent. The firm works in a highly practical and commercial manner to achieve excellent results for its clients. The clarity of their advice is what I would consider to be their main benefit. Rather than simply outline a list of potential consequences of drafting, they really drill down to the crux of any particular matter in order to allow you to understand the real risk of any matter.’
‘Stuart Tyler is absolutely first class. A highly intelligent, diligent and hard-working lawyer with a flair for creative solutions to seemingly complex problems.’
Aon Group PLC
City & Commercial Insurance PCC Limited
Barclays Bank PLC
Imperium Holdings Limited
Oak Trust Group
Pensioneer Trustee Company (Guernsey) Limited
PTC Holdings Limited
Paratus Maritime Insurance Limited
Trireme Pension Services (Guernsey) Limited
UAP Holdings Limited
United Group BV
- Advised Augmented ICC on initial fundraising and procurement of intellectual property development agreements.
- Advising Paratus Renewables Insurance, as lead counsel, on the development of a novel renewables insurance product.
Bedell Cristin marshals expertise in all aspects of corporate and commercial law, including funds, banking and regulatory issues, advising clients on both international and Guernsey-based transactions. Leading the practice is the ‘very committed’ managing partner Kate Ovenden, who combines funds, banking and finance expertise with her substantial M&A practice. Dylan Latimer is the team’s private equity specialist, advising real estate and infrastructure investors on multi-jurisdictional transactions. John Scanlan joined from Carey Olsen in January 2023, augmenting the firm’s M&A and investment fund offering, while insurance specialist Richard Sharp and associate James Walsh returned to Ogier in February 2023 and July 2022 respectively. Associate Tendai Gakanje is also recommended for M&A and corporate advisory work.
Other key lawyers:
Dylan Latimer; John Scanlan; Tendai Gakanje
‘The quality of those I have dealt with at the firm has been very high.’
‘Kate Ovenden is very committed and goes the extra mile for her clients.’
Ocorian Limited/Ocorian Services Limited
Oryx Real Estate Partners (UK) Limited
Longmead Capital Limited
- Advised Menora Mivtachim Insurance Company on its £112m investment in real estate investment company, Brockton Everlast.
- Advised Longmead Capital on its purchase of a special purpose vehicle which owns The Pinnacle, a landmark asset in Leeds.
The ‘strong skillset and knowledge’ of the Collas Crill team allows it to assist with a range of advisory, transactional and regulatory matters, particularly in regulated sectors, including the medicinal cannabis and mining industries. Practice head Wayne Atkinson ‘thinks outside of the box’ when advising companies on regulations affecting their operations, and also regularly assists with M&A deals. Consultant Paul Wilkes specialises in investment fund transactions, while Simon Heggs is noted for his listed M&A practice. Senior associate Ben Le Page works alongside the firm’s Jersey, BVI and Cayman teams, handling cross-border M&A.
Other key lawyers:
Paul Wilkes; Simon Heggs; Ben Le Page
‘A quality team that is very familiar with all local considerations.’
‘Simon Heggs is hands-on, practical, available and makes the offshore aspects of a transaction run very smoothly.’
‘Wayne Atkinson is our lead partner and he is always available, approachable and thinks outside of the box. He is also technically very knowledgeable and is backed up by a good team.’
‘The whole team at Collas Crill is incredibly friendly and efficient. They are always on hand to answer any questions and are very down to earth and personable. They also are complemented by a strong skillset and knowledge which makes them our trusted service provider.’
‘We have worked with Wayne Atkinson, Simon Heggs and Paul Wilkes in particular over the last 12 months. All combine sector expertise with commercial advice – they work well with entrepreneurs (which is the bulk of our client base) as opposed to institutions.’
‘The communication is key for me, we’ve worked with Simon Heggs and Ben Le Page on a number of occasions and their approachability is really welcoming and picking up the phone to have a conversation about matters is very easy with them both.’
‘Wayne Atkinson’s laid back manner with clients belies his tenacity in ensuring that both he and his team get the job done on a timely and cost-effective basis. His knowledge of law and its application is extensive and has resulted in good results for many of the clients we have introduced to the firm.‘
‘Simon Heggs – incredibly transparent on fees, always turns work around in a timely fashion and will often go the extra mile to help out.’
Crédit Agricole Corporate and Investment Bank
HWS 3 Limited & HWS 4 Limited
India Capital Growth Fund Limited
Queens Road Medical Practice
Channel Island Property Fund
IP Investment Management (HK)
JTC Group Limited
Midshore Consulting Limited
Blue Islands Limited
Seed Innovations Limited
- Advised Shandong Gold Mining Company on its aborted attempted acquisition of Shanta Gold, a Guernsey AIM-listed gold mining company
- Advised Urban Logistics Acquisitions on the acquisition of two property holding SPVs as part of a five-property £90m acquisition.
- Advised Ferro Alloy, an LSE-listed vanadium mining company owning 100% of the shares in a Kazakh minerals producer, on a share issue.
The ‘proactive and collaborative’ Babbé LLP team advises on international M&A, and local regulatory and advisory issues, with a particular specialisation in assisting investment managers with the establishment of Guernsey-domiciled funds and associated transactions. Leading the practice is Tristan Ozanne, who offers combined M&A and banking and finance expertise. Counsel Ann Halliday is noted for her retail and commercial banking practice, while associate Amy Parker, who joined the firm from a South African investment manager in June 2022, handles private M&A and corporate restructuring.
Other key lawyers:
Ann Halliday; Amy Parker
‘I have worked on a joint multi-jurisdiction project with Babbé and have found Babbé to be proactive and collaborative. They have focused on identifying the client’s key objectives and then advising on those objectives in turn. I have been impressed with their responsiveness, openness to discussion and have found them to be a pleasure to work with. I would recommend Babbé to all clients requiring Guernsey legal advice.’
‘I have worked with Tristan Ozanne. Tristan has a personable approach and clearly has strong knowledge of Guernsey corporate and commercial law in particular. I have noted that Tristan’s advice is clear and targeted to the client’s objectives. Tristan has also been open to collaboration where appropriate. I would not hesitate to recommend his services.’
Corporate clients, family offices and HNWIs instruct Ferbrache & Farrell LLP to advise them on M&A, advisory and regulatory matters, with the team regularly working alongside the firm’s property and dispute resolution departments to deliver cross-practice assistance. Funds and asset management specialist Gavin Farrell leads the team. Helen McGeoch handles M&A, joint ventures and shareholder agreements. Associate Joshua Black is recommended for both corporate, and banking and finance advice, while senior associate Stuart Nash, who joined the firm from AFR Advocates in January 2022, advises on the property aspects of corporate transactions.
Other key lawyers:
Helen McGeoch; Stuart Nash; Joshua Black
‘Responsive, knowledgeable and willing to work in a different way.’
‘A small team that does the same corporate and banking work as the larger competitors.’
‘Helen McGeogh has always been very knowledgeable and responsive.’
‘Superlative reaction times and pragmatic advice.’
‘The team offers extremely good value for money corporate legal services, often at short notice. Turnaround times are excellent.’
‘Partner availability is very good – Gavin Farrell goes the extra mile for his clients. The team is reliable, hard-working and extremely helpful. As a small team, they are very flexible in their offering and are not tied to policies and processes in the same way that larger firms are.’
‘Gavin Farrell is an invaluable partner to go to for advice. Helpful, constructive advice. Demonstrates a deep understanding of commercial realities as well as the law.’
‘Gavin Farrell’s detailed knowledge of the intricacies of Guernsey law helped steer our business on the right course to delivering a major restructuring of our business on time.’
Irish Breeze LLP
Internet Fusion Group Limited
- Assisted activist shareholders with a change of investment policy and changes to the board of an LSE-listed entity.