News
UK Take-Privates funded by Private Credit
05 September 2022
Paul Mullen
PartnerLondon
Email [email protected]hoganlovells.com
Phone +44 20 7296 5390
Fax +44 20 7296 2001
LanguagesEnglish
Practice groupCorporate & Finance
'Paul Mullen is gaining significant traction in the alternative lending space, representing numerous debt funds in domestic and multi-jurisdictional leveraged acquisitions'
Chambers 2016
As well as leading the firm’s Global Banking practice, Paul Mullen acts for both lenders and borrowers at the top end of mid-market sponsor-backed financings, Paul has been particularly involved with the development of the direct lending market in Europe, advising lenders on unitranche and other types of direct lending products (including first loss/second loss, second lien, and PIK) as well as banks providing working capital and other facilities alongside the funds.
Paul's extensive experience and deep understanding of the market means that clients often call on him when they need advice on developing new and innovative products. As the head of our market leading direct lending practice, he has built strong relationships with a range of major global debt funds including Ares, Barings, Permira Debt Managers, CVC Credit, EQT, Five Arrows and Hayfin as well as banks and sponsors.
Awards and recognitions
2019-2021
Banking & Finance (UK), Leading Individual
Chambers Global
2022
Acquisition Finance, Leading Individual
Legal 500 UK
Education and admissions
Education
The College of Law, Guildford, 1994
LL.B. (Hons First Class), University of Glasgow, 1992
Representative experience
Barings and Bank of Ireland on the financing of Montagu Private Equity’s acquisition of intelligence business Jane’s.
Five Arrows and HSBC on the financing of Bowmark’s offer to acquire Tax Systems plc and subsequent take private.
SMBC and Park Square on the provision of term and revolving facilities to refinance OAG Group, a Vitruvian portfolio company.
Crescent Capital and Bank of Ireland on the financing of the acquisition by Montagu Private Equity of Kodak’s Flexographic Packaging Division.
Ares Management on the financing of the acquisition of Wireless Logic Group by Montagu Private Equity.
EQT Credit and Lloyds Bank on the unitranche/stretched super senior financing of the acquisition of Hydro International by Agilitas.
Bank of Ireland, Guggenheim Partners, HSBC, Lloyds and SMBC on the senior financing of the acquisition of SLR Consulting by Charterhouse Capital Partners.
Goldman Sachs in relation to the unitranche refinancing of FNZ Group.
Tinopolis Group in relation to the debt facilities provided by BlackRock, HSBC, Pemberton and SMBC in connection with management's acquisition of Vitruvian's interests.
Latest thinking and events
Sponsorships and Speaking Engagements
Debtwire Direct Lending Forum
17 May 2022 | 12:00 p.m. – 17:00 p.m. GMT
Hogan Lovells Events
LSTA and LMA joint New York Conference
11 May 2022
Insights and Analysis
Gearing up a rate: LIBOR transition progress in the European leveraged loans market
Lev Fin Spin
Registered Content
10 September 2020
Press Releases
Eight private capital trends to watch
31 July 2020
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22 June 2020
