Global law firm White & Case LLP has advised a club of private credit funds and investment banks on a senior secured financing package to support the recommended offer by a consortium consisting of ADIA, CVC Capital Partners and Nordic Capital (the consortium) to acquire leading UK financial services private investment provider Hargreaves Lansdown plc.
“White & Case advised some of the market’s preeminent private credit funds and investment banks in supporting the consortium on the successful closing of the Hargreaves Lansdown take-private,” said White & Case partner and Gareth Eagles, who led the Firm’s deal team. “These institutions and the consortium trusted our team to close this marquee transaction.”
The transaction completed and the company was delisted from the London Stock Exchange on March 25, 2025.
A large club of private credit lenders provided a senior secured unitranche financing to support the consortium’s recommended offer to acquire the shares in Hargreaves Lansdown plc. White & Case also advised the bank club providing the group’s revolving credit facility.
UK-headquartered Hargreaves Lansdown is a leading financial services platform for private investors in the UK. It was founded more than 40 years ago, manages in excess of £120 billion of investments for over 1.7 million clients and employs more than 2,000 people.
The White & Case team which advised on the transaction was led by partner Gareth Eagles (London) and included partners Emma Foster, Pete Mason, Lauren Winter, Philip Broke, Sonica Tolani, Will Smith (all London) and Marcus Booth (Dubai & London), local partner Adnan Bekdur (Dubai), associates Akua Danso, Liz Blum and Jere Agbaje (all London) and international law clerk Jack Elliott (New York).
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Read the orginal article: https://www.whitecase.com/news/press-release/white-case-advises-lenders-closing-offer-adia-cvc-capital-partners-and-nordic
