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HarbourVest £1 billion offer for SVG Capital

13/9/2016
Private acquisition
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Af 1 billion

$ 1.320 billion

Announced

13/9/2016

Overview:

  • Boston private equity firm HarbourVest has made an unsolicited £1 billion bid for UK investment management firm SVG Capital.
  • SVG shareholders would receive 650p in cash for each share under the terms of the proposed deal.
  • Jefferies International is acting as financial adviser to HarbourVest.

Sam Duke - Editor

Jurisdictions:

United States
United Kingdom

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sector:

Investment management

Firms:
Debevoise & Plimpton

Party: Harbourvest Global Private Equity Ltd (Acquirer)

Lawyers: Byungkwon Lim, David Schwartz, Katherine Ashton

Norton Rose Fulbright

Party: Jefferies International Limited (Financial adviser)

Slaughter and May

Party: SVG Capital (Target)

Lawyers: Paul Mudie, Robin Ogle

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