Douglas Abernethy

London
  • 99 Bishopsgate
  • London EC2M 3XF
  • United Kingdom
 
 

Douglas Abernethy represents clients in a range of complex corporate finance and M&A matters, with a particular focus on public takeovers and take-private transactions.

Mr. Abernethy delivers pragmatic and commercially driven advice on M&A matters to multinational private equity firms, financial institutions, and UK-listed companies. He represents clients in connection with significant acquisitions and divestitures involving assets in a diverse range of industries. Mr. Abernethy also advises financial institutions serving as lenders and advisors to parties on M&A transactions.

Mr. Abernethy’s practice encompasses:

  • Public to private transactions
  • Listed company board advice in takeover situations
  • Takeover Code aspects of acquisition financings
  • Cross-border transactions
  • Private equity and leveraged buyouts

Mr. Abernethy brings a sophisticated understanding of the regulatory environment for takeovers of UK-listed companies garnered from his experience on secondment with the UK Takeover Panel from July 2018 to July 2020. In this role, he assisted in the regulation of some of the highest-profile takeovers in the UK market and developed an in-depth knowledge of the Takeover Code and how it is applied by the Takeover Panel.

Mr. Abernethy's experience includes advising:

  • TowerBrook on the consortium arrangements with Warburg Pincus in respect of their recommended cash offer for the AA
  • VTB Bank in relation to the financing of Nova Resource’s offer for Kaz Minerals
  • J.P. Morgan as financial adviser to Tryg S/A in relation to its cash offer alongside Intact Financial Corporation for RSA Insurance Group
  • Caesars Entertainment on the financing of its recommended cash offer for William Hill
  • A consortium led by Blackstone and CVC Capital Partners on its recommended cash offer for Paysafe Group, a leading global provider of end to end payment solutions
  • Platinum Equity on its acquisition of Wyndham Worldwide’s European vacation rental business
  • Leonard Green & Partners on its acquisition of CPA Global, the world's leading intellectual property management and technology company, from Cinven
  • Platinum Equity on its acquisition of Pattonair, a global aerospace and defense supply chain provider
  • Warburg Pincus on its joint venture with VinaCapital, to create a fully integrated hospitality platform including development, acquisitions, and operations across Southeast Asia
  • A consortium led by Warburg Pincus on its equity investment in GO-JEK, an Indonesia-based operator of a motorcycle taxi fleet and provider of delivery services
  • The Carlyle Group on the disposal of Crystal Orange Hotels, a China-based boutique hotel operator
  • MOL Logistics on its sale of JF Hillebrand Group, a provider of logistics services for the storage and transportation of beverages, to Trufidee and Cobepa
  • Frozen food retailer Findus on the disposal of its European operations to Nomad Foods
  • Advantage Sales & Marketing on its European field marketing joint venture with Smollan and WPP
  • Silverfleet Capital on its acquisition of Masai Clothing, a Danish fashion retailer
  • Carlyle Strategic Partners on its take-private of Nationwide Accident Repair Services
  • Catterton Partners on its acquisition of a UK pet food retailer from the founders
  • Actavis on its acquisition of generic pharmaceuticals company, Auden McKenzie Pharma, from the founders
  • Zogenix on its acquisition of Brabant Pharma, a UK-based pharmaceuticals company
  • GTCR on its acquisition of Gorkana Group, a UK-based media intelligence and data insights provider
 
  • Bar Qualification
    • England and Wales (Registered Foreign Lawyer)
    • Scotland (Solicitor)
    Education
    • Diploma in Legal Practice, Glasgow Graduate School of Law, 2008
    • Bachelor of Law (Hons), University of Strathclyde, 2007
      First Class Honours
    Languages
    • English
  • Practices
 
 
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