Taylor Wessing advises Legal & General Ventures on MBO of Clubhaus

Taylor Wessing advised Legal & General Ventures on the recently completed public to private of golf and country clubs group, Clubhaus, which valued the company at approximately £57 million including debt.

Martin Winter, corporate partner at Taylor Wessing, commented:

"This transaction brought the expertise of our private equity securities and leisure group into combined action. Involving, as it did, a take over bid, a scheme of arrangement and some complex debt work, this deal more than supported the old adage that a public to private is a management buy out with knobs on."

The Taylor Wessing team of 25 was led by corporate partners, Martin Winter and Tim Oldridge with Dominic Ross and Rob Thompson heading up the banking and property work respectively.