Since April 2020, our Private Equity team has been running a series of workshops designed to develop or refresh your understanding of the key documents in a private equity transaction.
There are nine separate sessions; each will be delivered by different specialist speakers and we hope that you will be able to join us for as many as possible. There will be two special sessions at the start of the series, looking at topics specifically relevant to the current deal-doing environment.
Our next session will focus on acquisition agreements, covering key issues, including consideration structures, warranties and indemnities, and restrictive covenants, as well as market trends on such terms.
Please find the details of the full programme set out below and register for Session 3.
|Completed: Tuesday 12 May - Session two: key issues and features of public to private takeovers backed by private equity||We will cover the key issues including the main differences to a private M&A deal including management arrangements, due diligence, disclosure, timing, takeover methods and financing.|
|Completed: Tuesday 28 April - Key issues for private equity investors in distressed scenarios and use of pre-packs||We will look at issues affecting private equity investors where portfolio companies are in financial distress including directors' duties, the administration process and how a "pre-pack" sale differs from a usual M&A process. We will also touch on proposed reforms to the English insolvency regime, which are being brought forward in response to the COVID-19 crisis.|
|Tuesday 12 May - Key issues and features of public to private takeovers backed by private equity||We will cover the key issues including the main differences to a private M&A deal including management arrangements, due diligence, disclosure, timing, takeover methods and financing.|
|Tuesday 4 June - Acquisition agreement||We will cover the key issues including consideration structures, warranties and indemnities, and restrictive covenants, as well as market trends on such terms.|
|Tuesday 23 June - Equity: investor protections I||In the first of two sessions on the equity documents we will cover warranties, information rights, restrictive covenants and board composition.|
|Thursday 9 July - Equity: investor protections II||In the second session we will cover negative controls, transfer rights, syndication, drag (and tag) and swamping rights.|
|Thursday 3 September - Tax||This session will focus on deal structuring and incentivising management through tax planning.|
|Tuesday 22 September - Banking agreements||This session will focus on the senior facility agreement.|
|Tuesday 13 October - Banking agreements II||Our second session will cover the intercreditor agreement.|
|Thursday 5 November - Leavers and exits||This session will focus on leaver provisions and their interaction with the service agreement. We will also be discussing different types of exits, common issues and how to keep control of the process in order to deliver value.|
If you have any questions please use the following details: