Equity capital markets
Mark has extensive experience advising on a range of equity capital market transactions. His experience includes IPOs and secondary issues (including rights issues, placings and open offers). Key transactions include:
Admission to AIM of Abzena
Advising Abzena, a service provider for pharmaceutical companies, on its admission to the AIM Market of the London Stock Exchange raising £20 million and valuing the company at £78 million.
Secondary issues by Retroscreen
Advising anti-viral clinical trial specialist, Retroscreen, on conditional placings raising in aggregate £58.6 million.
IP Group on its £128 million fundraising
Advising IP Group on its firm placing, placing and open offer on the Main Market of the London Stock Exchange to raise approximately £128 million.
Admission to AIM of MoneySwap
Advising Hong Kong based MoneySawp, a provider of payment solutions to online and point of sale merchants on its admission to the AIM Market of the London Stock Exchange.
More: Equity capital markets
Public and private M&A
Mark advises clients on a range of M&A transactions, including public takeover offers and private company asset or share transactions, often with cross-border elements. Key transactions include:
Groupe Sinoué on its acquisition of Florence Nightingale Hospitals
Advising Groupe Sinoué, a subsidiary of French listed company ORPEA, on its acquisition of Florence Nightingale Hospitals from Swedish-based Capio Groupe.
MedicX Fund's acquisition of Lunn Healthcare Properties
Advising specialist primary care infrastructure investor MedicX Fund on its acquisition of Lunn Healthcare Properties, a portfolio of nine operational and fully-let primary care medical centres, for a total cost of £24.6 million.
IP Group on its £85 million acquisition of AIM listed Fusion IP
Advising IP Group on its recommended offer for Fusion IP effected by way of a scheme of arrangement.
Public takeover of Regal Petroleum
Advising Regal Petroleum on its £85 million partial cash takeover, £77 million takeover offer and £25 million disposal of Romanian assets.
Direct Line Insurance Group on a disposal to Chesnara
Advising Direct Line on the sale of its closed life insurance business to Chesnara for cash consideration of £39.3 million.
Quantum Pacific Shipping on its share sale and joint venture
Advised Quantum Pacific Shipping on a share disposal to Norway’s Ocean Yield ASA to establish a joint venture for the construction and operation of six mega container vessels, with an aggregate value of US$1 billion.
Myanmar Investments International Limited on a series of consortium investments
Advised AIM-quoted Myanmar Investments International Limited on a series of consortium investments into Apollo Towers (alongside TPG Capital) with an aggregate value in excess of US$320 million including a US$250 million facility by the Overseas Private Investment Corporation.
General Mills on a reorganisation in Singapore and Malaysian
General Mills on the restructuring of its Häagen-Dazs business in Singapore and Malaysia.
McGraw Hill Financial, Inc. on its acquisition of APPEC
Advising NYSE quoted McGraw Hill Financial, Inc. on its acquisition of the Asia Pacific Petroleum Conference (APPEC), a conference for leaders in the oil and gas industry in Asia, based in Singapore.
More: Public and private M&A
Private equity and venture capital
Mark has advised mid-market private equity houses and management teams from initial investment to exit. Key experience includes:
Sovereign Capital Partners on its disposal of Cordium
Advising Sovereign Capital Partners on the disposal of its majority interest in Cordium to European Capital for a double digit EBITDA multiple.
MML Capital Partners on its investment in Instant Offices
Advising MML Capital Partners on its £15 million investment into flexible office specialist Instant Offices.
Active Private Equity on its investment in WhoCanFixMyCar.com
Advising Active Private Equity, a growth capital firm specialising in consumer brands and services, on its investment in WhoCanFixMyCar.com.
Campana Group on venture capital funding rounds
Advising on a convertible debt obligation programme and "A" round venture capital funding in connection with the MYTHIC sub-sea cable project between Malaysia, Myanmar and Thailand.
More: Private equity and venture capital