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Latham & Watkins

99 BISHOPSGATE, LONDON, EC2M 3XF, ENGLAND
Tel:
Work 020 7710 1000
Fax:
Fax 020 7374 4460
Email:
Web:
www.lw.com

Jayanthi Sadanandan

Tel:
Work +44 20 7710 1110
Email:
Latham & Watkins LLP

Work Department

Partner, Office Managing Partner

Position

Jay Sadanandan is a partner in the firm’s Finance Department and is the Office Managing Partner of Latham & Watkins’ London office.

Ms. Sadanandan is a member of Latham's market-leading Banking Practice and she has extensive experience advising sponsors, companies, borrowers, financial institutions and lenders on a wide range of transactions, including complex cross-border acquisition and leveraged financings, asset-based loans, bridge financings, investment grade loans, post-IPO facilities and other secured lending transactions. In addition, Ms. Sadanandan frequently works with our US team on US-European financings and with our high yield team on bank/bond financings.


London: Corporate and commercial

Private equity: transactions

Within: Private equity: transactions

Latham & Watkins' transactional practice¬†advises a range of global private equity houses and other clients on all issues arising from¬†transformational UK and multi-jurisdictional large-cap deals, often acting in concert with¬†the firm's market-leading banking and finance, equity capital markets and high-yield debt offerings.¬†Michael Bond¬†recently acted for The Carlyle Group on its ‚ā¨10.1bn acquisition with GIC of AkzoNobel's Specialty Chemicals Business. Another notable mandate involved¬†David Walker, global co-chair¬†Kem Ihenacho,¬†Richard Butterwick¬†and¬†banking partner¬†Jayanthi Sadanandan¬†advising CVC and Blackstone (as part of a consortium) on the ¬£2.96bn acquisition of Paysafe Group; at the time of the announcement of this deal, it was the largest public-to-private transaction under the UK Takeover Code since 2010. Another key figure is¬†Farah O‚ÄôBrien, who worked alongside Ihenacho and others to assist Leonard Green & Partners with acquiring a controlling interest in Pure Gym. Other clients of the firm include Cinven, Canada Pension Plan Investment Board, TA Associates and Bain Capital. Thomas Forschbach¬†has more than 25 years of experience of private equity transactions. Huw Thomas¬†made partner in January 2018.

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London: Finance

Acquisition finance

Within: Acquisition finance

'One of the most active firms in the market',¬†Latham & Watkins' 12-partner team has the 'strength-in-depth to enable it to be efficient and supportive even on projects with very tight timelines'. Benefiting from both bank and high yield bond expertise, the team has the flexibility and all-encompassing expertise to provide a 'very high-quality service' to investment banks and private equity sponsors on deals across the capital structure and is 'very savvy about the latest legal terms and market precedents'. 'Combining outstanding technical skills with best in class negotiating capabilities',¬†Stephen Kensell¬†is regularly engaged in very challenging deals for banks; he acted alongside the 'outstanding'¬†Mohamed Nurmohamed¬†for¬†the lenders on the ‚ā¨2.1bn term loan and revolving credit facility¬†(alongside a bond offering) to facilitate Bain Capital and Cinven Partners'¬†‚ā¨5.4bn acquisition of Germany-based healthcare company STADA Arzneimittel.¬†Jayanthi Sadanandan¬†is particularly active on the sponsor side and recently advised¬†Blackstone and CVC Capital Partners on the¬†first lien/second lien loans to enable the acquisition of Paysafe Group plc. The 'excellent'¬†Sam Hamilton¬†also has a private equity sponsor focus to his practice and as well his regular work for core client Nordic Capital, he also recently advised Leonard Green & Partners on the financing for its ¬£2.4bn acquisition of CPA Global. As well as his regular flow of work for core client Deutsche Bank, the 'very impressive'¬†Christopher Kandel¬†also recently advised Hellman & Friedman on the first lien/second lien loan financing for its tender offer for publicly-listed company Netts, to take the Danish payments company private.¬†Ross Anderson,¬†Ross Pooley¬†and¬†Dominic Newcomb¬†are also recommended.

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