Smridhi Gulati

smridhi-gulati

Smridhi Gulati

Associate

London | 160 Queen Victoria Street, London, UK EC4V 4QQ
+44 20 7184 7867 | +44 20 7184 7001

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Smridhi Gulati focuses her practice on corporate and securities matters, with particular emphasis on acquisition finance, leveraged finance and general banking work.

Ms. Gulati advises UK and international lenders, including direct lending funds, banks and other financial institutions, as well as private equity sponsors and corporates on a variety of UK and cross-border acquisition finance and corporate lending transactions, including bilateral, club and global syndicated lending for private equity backed buyouts, management buy-outs, mergers and acquisitions, and refinancing and restructurings of leveraged assets.

Ms. Gulati is named an "Associate to Watch" for banking and finance in the 2019 and 2018 editions of Chambers UK. In the 2018 edition, she is described as "very user-friendly and very commercial in her responses." The 2017 edition of The Legal 500 UK recommends her work in acquisition finance and clients note she is "proactive, knowledgeable and commercial." She is recommended for her work in bank lending and noted as an associate to watch by The Legal 500 UK, 2015.

Prior to joining Dechert, Ms. Gulati served as a senior associate at DLA Piper where she focused on debt finance. While working at DLA Piper, Ms. Gulati spent time on secondment to UBS AG and Lloyds Banking Group.

Experience
  • Clanwilliam Group on negotiating the financing package provided by Alcentra Limited.
  • Ares Management Limited and Barclays Bank plc on Ares’ provision of debt financing to support Dobbies Garden Centres’ acquisition of a portfolio of six garden centres and related businesses from Wyevale Garden Centres.
  • Ares Management Limited on its provision of financing support to Midlothian Capital Partners and a consortium of investors to acquire HB Education Limited (the holding company for PGL).
  • Ares Management Limited on their provision of a financing package to support Phoenix Equity Partners acquisition of a majority stake in Nexus Vehicle Rentals Group from Bowmark Capital.
  • CVC Credit Partners on their provision of a senior financing package to the Gedesco Group. 
  • Ares Management Limited on their provision of a unitranche debt financing package to the Right Choice Insurance Brokers Group (a Lloyds Development Capital minority investment).
  • Alcentra and RBS on their provision of a unitranche and super senior financing package to the Lawyers on Demand Group (a Bowmark Capital investment).
  • CVC Credit Partners and EQT Credit as mandated lead arrangers in connection with the provision of senior and subordinated financing facilities to the Paymentsense Group.
  • Ares Management Limited and The Royal Bank of Scotland on their provision of a senior debt financing package to support Phoenix Equity Partners acquisition of a majority stake in the Forest Holidays Group.
  • Ares Management Limited and HSBC Bank plc on their provision of a senior debt financing package to support the Medivet Group, in which Inflexion Partnership Capital has a minority investment.
  • Ares Management Limited on the provision of their financing package in support of MxP Partners LLP buyout of the pub group, Amber Taverns Group. 
  • Ares Management Limited and The Royal Bank of Scotland on the provision of their financing package in support of Midlothian Capital Partners and a consortium of investors, in partnership with co-founder Miles Dewhurst and the management team, agreement to acquire Park Leisure 2000 Limited, the UK’s leading luxury holiday park operator, for a value of £103 million.
  • Ares Management Limited and HSBC Bank plc on their provision of additional unitranche and senior financing facilities to the Ocorian Group.
  • HSBC and Santander on their provision of financing to support the acquisition of Sigma Components by Silverfleet Capital.
  • Alcentra and The Royal Bank of Scotland on their provision of unitranche and super senior financing to support the acquisition of the Lifetime Training Group by Silverfleet Capital.
  • Barclays Bank PLC (as agent and coordinator), Abbey National Treasury Services Plc, AIB Group (UK) p.l.c., The Royal Bank of Scotland plc, HSBC Bank plc and The Governor and Company of the Bank of Ireland with US Bank Trustees Limited as Security Agent on the provision of a senior financing package in connection with McColl's Retail Group plc's acquisition of 298 convenience stores from the Co-operative Group Limited for an aggregate consideration of £117 million in cash.
  • British contemporary fashion brand Whistles on their debt restructuring and The Foschini Group's (TFG) acquisition of a substantial majority shareholding in the Whistles Group.

Includes matters handled at Dechert or prior to joining the firm.

Education
  • Nottingham Law School, LL.B., 2003, Honors
  • Nottingham Law School, LL.M., Corporate Law, 2004, Commendation
  • Nottingham Law School, Legal Practice Course, 2005, Commendation
Admissions
  • England and Wales
Languages
  • English
  • Hindi
Memberships
  • The Law Society
  • Solicitors Regulation Authority