Walkers have advised Suntera Global in connection with Valeas’ majority equity investment in the business, which will see the exit of UK-based Palatine Private Equity.
A five-office team advised across multiple areas including Corporate, Banking & Finance, Regulatory & Risk and Employment, providing a seamless full service for Suntera and their complex cross-border transaction.
Their Jersey team were lead counsel on the vendor legal due diligence process across 11 jurisdictions whilst also acting as local counsel for the broader acquisition along with their London, Guernsey, Ireland and Cayman offices.
Commenting on the transaction, lead partner Kevin McQuillan said: “Having worked with David, Alex, Kevin and the wider Suntera team for a number of years we were very pleased to assist on this transformative transaction for the Suntera Group.”
“From a Walkers perspective our role on this transaction further demonstrates our M&A and M&A support capabilities across our jurisdictions and we look forward to supporting the Suntera Group in the next phase of their development.”
Alex Noel, CFO of Suntera Global, commented: “This transaction represents a huge milestone for our business and heralds the beginning of a very exciting new era.”
“The Walkers team have been excellent partners on helping us deliver this transaction. Kevin, Angharad, Gemma and the wider Walkers team have been very knowledgeable and responsive and we look forward to continue to work together going forward.”
The Jersey team was led by partner Kevin McQuillan and associate Angharad Prescott and included partner Daniel Read, senior counsels Ruth Donnellan, Sian Langley and Gemma Palmer, senior associates Luke Steele and Timur Ochkhaev and associate Charlotte Beal.
The Guernsey team, advising on the Guernsey law aspects of the transaction, was led by partner Chris Hutley-Hurst and included partners Sarah Ash, Craig Cordle and Alex Wickens, senior counsels Jamie Bookless, Danielle Brouard and Jessica Robinson, senior associates Mutsa Dodzo, Jarrad Knoetze, Annaliese McGeoch and Angela Proctor and associate Samantha Gramoney.
The London team, advising on the Cayman and BVI law aspects of the transaction, was led by Neil McDonald, with partners Sara Hall and Jennifer Maughan, senior counsel Benjamin Twidle, and senior associates Catherine Outerbridge and Tom Esler, together with Cayman-based partners, Nick Dunne and Colm Dawson, and senior counsel, Callum Wright.
The Ireland team, advising on the Irish law elements of the transaction, was led by partner Eoin Ryan.
Pictured: Left to right – Kevin McQuillan and Chris Hutley-Hurst
