We have advised Suntera Global (Suntera) in connection with Valeas' majority equity investment in the business, which will see the exit of UK-based Palatine Private Equity.
A five-office team advised across multiple areas including
Corporate, Banking & Finance, Regulatory & Risk and
Employment, providing a seamless full service for Suntera and their
complex cross-border transaction.
Our Jersey team were lead counsel on the vendor legal due diligence
process across 11 jurisdictions whilst also acting as local counsel
for the broader acquisition along with our London, Guernsey,
Ireland and Cayman offices.
Commenting on the transaction, lead partner Kevin McQuillan said:
"Having worked with David, Alex, Kevin and the wider Suntera
team for a number of years we were very pleased to assist on this
transformative transaction for the Suntera Group."
"From a Walkers perspective our role on this transaction
further demonstrates our M&A and M&A support capabilities
across our jurisdictions and we look forward to supporting the
Suntera Group in the next phase of their development."
Alex Noel, CFO of Suntera Global, commented: "This transaction
represents a huge milestone for our business and heralds the
beginning of a very exciting new era."
"The Walkers team have been excellent partners on helping us
deliver this transaction. Kevin, Angharad, Gemma and the wider
Walkers team have been very knowledgeable and responsive and we
look forward to continue to work together going
forward."
The Jersey team was led by partner Kevin McQuillan and associate
Angharad Prescott and included partner Daniel Read, senior counsels
Ruth Donnellan, Sian Langley and Gemma Palmer, senior associates
Luke Steele and Timur Ochkhaev and associate Charlotte Beal.
The Guernsey team, advising on the Guernsey law aspects of the
transaction, was led by partner Chris Hutley-Hurst and included
partners Sarah Ash, Craig Cordle and Alex Wickens, senior counsels
Jamie Bookless, Danielle Brouard and Jessica Robinson, senior
associates Mutsa Dodzo, Jarrad Knoetze, Annaliese McGeoch and
Angela Proctor and associate Samantha Gramoney.
The London team, advising on the Cayman and BVI law aspects of the
transaction, was led by Neil McDonald, with partners Sara Hall and
Jennifer Maughan, senior counsel Benjamin Twidle, and senior
associates Catherine Outerbridge and Tom Esler, together with
Cayman-based partners, Nick Dunne and Colm Dawson, and senior
counsel, Callum Wright.
The Ireland team, advising on the Irish law elements of the
transaction, was led by partner Eoin Ryan.