Dechert Ranked Among Top Law Firms for Global M&A and Private Equity for First Half of 2018
Dechert LLP has been recognized among the top law firms for M&A deals around the world by Thomson Reuters and Bloomberg in their league tables covering deals from the first half of 2018 (1H 2018). The league table reports of The Deal and Mergermarket also recognize Dechert as among the top law firms for private equity transactions during the same time period.
In Thomson Reuters’ First Half 2018 Mergers & Acquisitions Review, Dechert was ranked among the leading law firms for the total value of completed M&A deals worldwide. In addition, Dechert was highly ranked based on the total value of completed deals with U.S. targets, as well as total value of completed deals with U.S., European, Canadian, Japanese and Brazilian involvement. The firm’s transactional work in Europe was specifically ranked for total value of completed deals with German and Nordic involvement.
In Bloomberg’s 1H 2018 Global M&A Mid-Market Review Legal Rankings report, Dechert was ranked among the top law firms for global private equity deals, US mid-market deals, and Western & Eastern European deals based on deal value up to US$250 million. In addition, Bloomberg recognized Dechert for total volume (i.e., value) of announced deals in South Korea and Hong Kong, as well as for total number of announced deals in France, Benelux and South Korea.
Dechert’s private equity team was also recognized for its 1H 2018 deal activity by The Deal and Mergermarket. The Deal’s Private Equity Law Firms Power Rankings noted the firm among leaders for total number of private equity transactions globally. Mergermarket recognized the firm for total value of U.S. private equity buyouts.
Notably, Dechert is advising GIC in its role in the acquisition by a Blackstone-led consortium of a majority stake in Thomson Reuters’ Financial & Risk business. The total investment is valued at $17 billion and was noted by Mergermarket and Law360 as “the largest private equity deal signed during the first six months of 2018.”
Additional representative M&A and private equity transactions on which Dechert advised in 1H 2018 include:
- Affiliates of Sun European Partners, LLP (the European advisor to U.S.-based private equity firm Sun Capital Partners), on its completed US$1.5 billion sale of Albéa S.A. to PAI Partners.
- Crown Holdings on its completed US$3.91 billion acquisition of Signode Industrial Group LLC, a global provider of transit packaging systems and solutions, from The Carlyle Group.
- Differential Brands Group, Inc. on its proposed acquisition of a significant part of GBG’s North American licensing business for a purchase price of US$1.38 billion.
- Franklin Square Holdings, L.P. and its affiliated investment advisers in connection with their completed joint venture with KKR Credit Advisors (U.S.) LLC, an affiliate of KKR & Co. L.P., creating a business development company platform with US$18 billion in combined assets under management.
- Neovia shareholders on the acquisition of Neovia by Archer Daniels Midland Company for €1.535 billion.
- SK hynix Inc. as part of a consortium in connection with the completed US$18 billion acquisition of Japanese-based Toshiba Corporation’s NAND flash memory and solid-state drive business, representing one of the largest deals in Asia.
- Wyndham Worldwide Corporation on the completed sale of its European vacation rental business to private equity firm Platinum Equity for US$1.3 billion.
About Dechert
Dechert is a leading global law firm with 27 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for all clients.
