Patrick Sarch

Representative experience

Tetra Tech on its £636m successful competitive cash takeover of RPS Group by scheme of arrangement.

Clipper Logistics on its £1bn cash takeover by GXO Logistics by scheme of arrangement.

Gatemore Capital Management on its successful campaign to reconstitute the governance of DX Group, including the appointment of a new executive chairman and strategic review.

Global Investment Holding as majority shareholder of Global Ports Holding, the world’s largest cruise port operator, on the possible offer by SAS/MSC.

SoftBank on multiple strategic investment transactions including on its £1.6bn investment in the online retail group The Hut Group, the largest strategic tech investment in the UK market in 2021

ISTARI Global, the cyber resilience platform of Temasek, on various strategic investment and other cross-border growth capital transactions.

Aroundtown SA on its investment in and subsequent €1.57bn joint takeover with CPI Property Group of Globalworth – the only hostile takeover to complete in the UK in 2021.*

The Board of Co-operative Bank on its formal sale of process and successful capital restructuring and change of control and various regulatory capital issuances.*

Various clients on a range of "activist" matters, such as campaigns to remove/appoint directors, change/review strategy, engage or refrain from engaging in M&A, and return of capital transactions.*

Third Point in respect to its US$2bn investment in, and engagement with, Prudential PLC.*

Avast PLC on various advisory and transactional matters, including entry into and termination of its JumpShot JV with Ascential plc.*

Avon Rubber plc on its acquisition of 3M's ballistic-protection business in the U.S. and the rights to the Ceradyne brand for US$91m.*

Avon Rubber plc on its disposal of milkrite/InterPuls for US$180m and acquisition of Team Wendy Helmet Systems for US$130m.*

GSO Capital Partners and its affiliates on Advent International's approximately £4bn acquisition of Cobham plc.*

U.S. satellite group EchoStar on its proposed and unsolicited US$3.2bn takeover offer for Inmarsat, the UK-based FTSE 250 satellite operator.*

Goldman Sachs Infrastructure Partners and Antin Infrastructure Partners on their £537m acquisition of CityFibre Infrastructure Holdings plc by way of a scheme of arrangement.*

Anchorage Capital Group LLC, GIC, and Davidson Kempner on the sale of their interests in Eir for £2.5bn.*

J Sainsbury PLC on its successful £1.4bn contested takeover of Home Retail Group PLC.*

The key shareholders of AB InBev on the complex and innovative structuring to facilitate its US$105bn acquisition of SAB Miller, the largest M&A deal in recent history.*

AB InBev on its US$75bn financing in connection with its acquisition of SAB Miller, the largest ever M&A financing.*

Barclays on many deals including its £6bn rights issue, its US$13.5bn sale of BGI to BlackRock, following its proposal to sell iShares to CVC for US$4.4bn and its acquisition of Lehman North America.*

EADS on its proposed US$38bn merger with BAE Systems.*

The LCH.Clearnet Group on its formation and a number of transactions since, including the ground-breaking offer by the LSE for a 60% stake, valuing LCH at £813m and simultaneous £320m capital raise.*

Kraft Foods on its controversial, unsolicited £11.9bn takeover of Cadbury, a transaction that rewrote the rulebook for takeover transactions in the UK.*

Neste on the divestment of its base oils business to Chevron and the Bahrain National Oil and Gas Authority.*

Roark Capital Group and International Car Wash Group (ICWG) on the sale of ICWG to Driven Brands.*