Corporate and M&A: Experience

Private company M&A transactions

  • AIG/Corebridge on the sale of its Irish health insurance MGA, Laya Healthcare, to AXA for €650m in 2023
  • Allbound Inc on its acquisition of Channel Mechanics Technologies Limited
  • Arthur J. Gallagher on its entry into the Irish market in 2022 via the acquisition of Innovu insurance and its further acquisition of First Ireland Risk Management in 2023
  • Bank of Ireland on its acquisition of the Davy wealth management and capital markets services platform
  • Blackstone Infrastructure Partners and other consortium members on the acquisition of Applegreen plc by way of public takeover
  • Capital Partners on its acquisition of the Therakos business of Mallinckrodt plc
  • Çimsa, a global building materials subsidiary of Turkish conglomerate, Sabanci, on its €330m acquisition of building materials and packaging group Mannok Holdings
  • Dalata Hotel Group PLC on its acquisition of the Radisson Blu Hotel at Dublin Airport for €83m from CG Hotels Dublin.
  • Dalata Hotel Group PLC on the sale of the Maldron Hotel in Wexford to the Neville Park Hotel Group
  • Dalata Hotel PLC on the sale of Clayton Whites Hotel Wexford for €21m to the Neville Park Hotel Group
  • Davies Group Limited on its acquisition of O'Brien Lynam Solicitors, a Dublin-based commercial law firm
  • Davenham Switchgear, an end-to-end LV switchgear provider primarily for data centres, on its sale to Legrand SA
  • Dornan Engineering Group on its sale to Turner Construction Company
  • General Electric on the sale of GECAS, its aircraft leasing platform, to AerCap
  • Grant Thornton Ireland (Advisory and Tax) on its merger with Grant Thornton Advisors
  • La Française des Jeux on its €350m acquisition of National Lottery operator, Premier Lotteries Ireland from Ontario Teachers' Pension Plan and An Post
  • Liberty Mutual on the Irish aspects of the sale of its West European Markets general insurance business to Generali for €2.3bn in 2023
  • Natwest on its sale of Ulster Bank Ireland's commercial lending business to AIB valued at €4.2bn
  • Tesco Ireland on the acquisition of Joyce's Supermarket Group
  • Viatel Technology Group Limited on its acquisition of MJ Flood Technology Limited
  • Warburg Pincus and Temasek on their acquisition of Specialist Risk Group, a specialist insurance intermediary

Private equity / financial sponsor transactions

  • A consortium consisting of Blackstone Infrastructure Partners and management shareholders on the acquisition of Applegreen plc by way of public takeover
  • Arthur J. Gallagher (along with Sidley Austin) on the Irish elements of its $13.45bn acquisition of GTCR backed AssuredPartners
  • Blacksheep Fund Management on its acquisition of Distilled Limited, the owner of Daft.ie, DoneDeal and Adverts.ie.
  • Exponent Private Equity LLP on the acquisition of Chanelle Pharma
  • Exponent Private Equity LLP on its investment into Ethos Engineering Limited
  • Exponent Private Equity LLP on its minority sale of shares in Watt Topco DAC and further investment from Hamilton Lane and LGT Partners into Watt Topco DAC
  • Grant Thornton Ireland on its merger with New Mountain Capital backed Grant Thornton US
  • H&MV Engineering on its acquisition of Skanstec Group Limited
  • Madison Dearborn Partners on the acquisition of Arachas Insurance
  • Oaktree Capital Management, L.P. on its acquisition of LED Group, operator of the ROBUS and FuseBox brands

Corporate reorganisation transactions

  • Analog Devices on its global restructuring following the acquisition of Maxim Integrated Products, Inc.
  • A cross-border merger of Anima Asset Management (Ireland) into Anima Asset Management (Italy)
  • AXA/XL on cross-border mergers of AXA Art Versicherung AG (Germany) and AXA Corporate Solutions Assurance (France) into XL Insurance Company SE (Ireland)
  • Citibank on the cross-border merger of Citibank International and Citibank Europe
  • PTC Inc on landmark cross-border division of Dutch subsidiary into Ireland. This was the first instance of a cross-border division application reviewed and approved by the Irish Courts, a mechanism which was introduced by the European Union (Cross-Border Conversions, Mergers, and Divisions) Regulations 2023.
  • UBS on post-acquisition cross border-mergers of Credit Suisse entities into UBS
  • Zurich Insurance plc on its ground-breaking cross-border conversion into a German stock corporation under the Mobility Directive in 2023. This was the first ever outbound cross-border conversion of an Irish company and the first ever cross-border conversion of a regulated insurance company anywhere in Europe.

Capital markets equity transactions

  • Corre Energy B.V. on its equity fundraising of €2.7m by way of a subscription and private placing
  • Iterum Therapeutics plc on its rights offering
  • Malin Corporation plc on a tender off to buyback shares

Public M&A transactions

  • Hibernia REIT plc on its €1.09bn recommended takeover offer from the Brookfield Group
  • K1 Investment Management LLC on its P2P acquisition of MariaDB plc by way of tender offer