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Private Equity Firms European Union

White & Case LLP

Private Equity Meets the EU Foreign Subsidies Regulation: Five Key Takeaways at the Two-Year Mark

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As we approach the second anniversary of the EU Foreign Subsidies Regulation (FSR), we take stock of the latest statistics and offer practical insights for private equity (PE) sponsors. Drawing on our extensive experience...more

A&O Shearman

UK guidance on acquisitions and increases in control in PRA and FCA authorised firms

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The UK financial services regulators, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), have recently set out their final policy on the assessment of acquisitions and increases in control of PRA...more

Proskauer - Regulatory & Compliance

Sanctions Considerations for Private Equity Firms – a few practical tips

Private equity firms could face significant sanctions risks when doing business with entities connected to sanctioned jurisdictions (such as Russia)...more

A&O Shearman

Antitrust in focus March 2024

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This newsletter is a summary of the antitrust developments we think are most interesting to your business. Thomas Masterman, partner based in London, is our editor this month. He has selected: Out now: our latest global...more

A&O Shearman

Antitrust scrutiny of private equity deals intensifies

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Traditionally, private equity firms were seen as benign investors from an antitrust perspective. This is changing. In the past 12 months, PE-funded acquisitions have faced progressively more rigorous scrutiny by antitrust...more

White & Case LLP

Global M&A faces market headwinds in Q2

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Ongoing uncertainty hampers dealmaking in second quarter of the year, but mining megadeals and the race for clean energy offer a ray of hope. Global dealmakers had a lot to contend with in the second quarter of this year....more

Akin Gump Strauss Hauer & Feld LLP

Liability Management Exercises: A Transatlantic Perspective

Over recent years, a prolonged period of low interest rates, together with a competitive financing market, has resulted in greater leverage and control for private companies (and their sponsors) when it comes to negotiating...more

Latham & Watkins LLP

Direct Lending Goes Large

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PE deal teams can increasingly access direct lending for large, cross-border buyouts but regulatory and structuring challenges across jurisdictions remain. Direct lending has long been a feature of the debt market, and...more

Latham & Watkins LLP

PE Goes to Hollywood

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The film, television, and digital content production industries are ripe for PE investment, thanks to shifting revenue structures and European quotas. The extraordinary growth of entertainment streaming platforms over...more

White & Case LLP

Global PE activity slows in Q1 following blockbuster year

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Private equity dealmaking was slow to pick up the pace in Q1, yet activity remained in line with pre-pandemic levels - Global PE activity in 2021 struck a new record, with US$2.2 trillion in deals, almost doubling 2020's...more

White & Case LLP

ESG pressures fuel dealmaking

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Companies across the globe are turning to M&A to fulfill their ESG ambitions while investors seek the steep returns on offer - As businesses race to catch up with the global ESG (environmental, social, and governance)...more

Cadwalader, Wickersham & Taft LLP

EU Directive Targets 'Shell' Companies

On December 22, 2021, the European Commission published proposals for a Directive which targets the perceived misuse of “shell” entities for tax purposes. The draft of the Directive proposes a common minimum substance test...more

White & Case LLP

Pandemic powers European infrastructure M&A

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Soaring demand for digital infrastructure, transportation and social assets has generated landmark deals so far this year - While increasing digitization has been gathering pace over the past decade, the COVID-19 pandemic...more

Latham & Watkins LLP

ESG in European Private Equity: The Effects of COVID-19

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Increasing interest in ESG issues presents an opportunity for sponsors to re-evaluate their existing ESG strategies. The COVID-19 pandemic continues to present unprecedented challenges for private equity firms and their...more

Goodwin

Private Equity Comment

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This edition of Private Equity Comment covers Brexit and the outlook for UK funds; the consultation on the UK as a jurisdiction for intermediate holding companies; the market’s viewpoint on COVID-19; the Chancellor’s cuts to...more

White & Case LLP

European leveraged finance: A bifurcated balancing act: Public-to-private: Private equity on the hunt for new value

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HEADLINES - In 2019, European take-private deals backed by private equity reached €34.5 billion over 31 deals - This is 14 per cent higher than 2018 and more than five times the total deal value seen just five years...more

Akin Gump Strauss Hauer & Feld LLP

Open for Business: Outlook for European M&A Remains Positive Despite Geopolitical Headwinds

Geopolitical uncertainty and escalating trade tensions have combined to add additional layers of complexity and risk to the dealmaking process in recent years. Through this tumultuous period, however, cross-border M&A deal...more

Latham & Watkins LLP

No-Poach Prosecutions: A Growing Problem for Private Equity?

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Buyout firms and portfolio companies should take note of heightened scrutiny of HR and employment practices by antitrust enforcers, both in the US and in Europe. No-poach and wage-fixing agreements — arrangements between...more

Robins Kaplan LLP

Financial Daily Dose 12.02.2019 | Top Story: US Restores Metal Tariffs on Argentina and Brazil

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The White House will again slap tariffs on steel and aluminum imports from Argentina and Brazil in an apparent reaction to “massive devaluation” of  currencies in both South American nations....more

Quinn Emanuel

Business Litigation Report - October 2019

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Navigating the Multiple Roles of “Constituency Directors” on Public Company Boards - “Constituency” directors are becoming an ever increasing presence in U.S. public corporations’ (“Corporation”) board rooms. The term...more

Latham & Watkins LLP

4 Key Reasons Why European P2P Deals Fail – and How Private Equity Deal Teams Can Avoid Them

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Adherence to secrecy, pre-announcement preparations, realistic expectations-setting, and strategic plans for taking control are keys to P2P deal success. The deal market has seen a resurgence in public to private (P2P)...more

Latham & Watkins LLP

2019 Is Different From 2008: 4 European Restructuring Developments for Private Equity Firms to Consider

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Persisting political and economic uncertainty means awareness of market changes remains crucial. The 2008 distress cycle triggered defaults and restructurings for European PE portfolio companies, as maintenance covenant...more

White & Case LLP

Five factors for lenders to consider in connection with a P2P

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Although acquisition activity in the European leveraged finance market has been on an upward trajectory since 2012, 2018 saw a substantial increase in buyout activity, which reached €57.6 billion in total, marking a return to...more

Latham & Watkins LLP

Growth Of Large-Cap Consortium Bids Tests Popularity Of Proprietary Bids - But What Are the Challenges for Private Equity?

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Consortium (or “club”) deals involving PE firms have become a common feature of the deal market throughout 2018, with sponsors teaming up with each other or with strategic partners to buy large-cap assets. To the start of...more

Latham & Watkins LLP

Opportunities and Challenges for Private Equity Investment in the Insurance Sector

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Recent private equity investments in high-profile deals, such as Bain Capital’s acquisition of esure and Apollo’s acquisition of Aspen Insurance, have brought European insurance sector deal values to record highs. Regulatory...more

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