Acasta Enterprises Inc.’s $270 Million Acquisition of Stellwagen group

Hogan Lovells and Blake, Cassels & Graydon have advised Stellwagen group on the sale of its corporate group to Acasta Enterprises Inc. (“Acasta”), in a deal worth approximately US$270million plus contingent consideration, as part of an overall transaction for Acasta worth approximately US$900million. Acasta has also committed to invest US$100million into Stellwagen’s investment vehicles as part of the deal. Stellwagen is headquartered in Dublin and provides best-in-class asset management, financial and technology solutions to the global aviation industry.

The deal is subject to certain conditions, including regulatory approval from the Ontario Securities Commission and the Toronto Stock Exchange and the approval of Acasta’s shareholders.

The cross-practice team was led by London Corporate head, Ben Higson (Picture), supported by London-based partners Don McGown and Derek Meilman, senior associate Catherine Lah, associates Nothando Malaba and Ben Coleman and trainee Nagham Al-Turaihi; antitrust and competition partner, Mark Jones and associate Aniko Adam; tax partner, Karen Hughes, and counsel, Aaron Burchell; and New York debt capital markets partner, Lewis Cohen, and counsel, Edgard Alvarez.

Hogan Lovells worked closely with Canadian firm Blake, Cassels & Graydon, fielding a team led by partners Kate McGilvray (Picture) and Norbert Knutel and including associates Andrew Thompson and David Bristow.

Involved fees earner: Norbert Knutel – Blake, Cassels & Graydon; David Bristow – Blake, Cassels & Graydon; Kate McGilvray – Blake, Cassels & Graydon; Andrew Thompson – Blake, Cassels & Graydon; Ben Higson – Hogan Lovells; Don McGown – Hogan Lovells; Derek Meilman – Hogan Lovells; Ben Coleman – Hogan Lovells; Mark Jones – Hogan Lovells; Aniko Adam – Hogan Lovells; Karen Hughes – Hogan Lovells; Aaron Burchell – Hogan Lovells; Lewis Cohen – Hogan Lovells; Edgard Alvarez – Hogan Lovells;

Law Firms: Blake, Cassels & Graydon; Hogan Lovells;

Clients: Stellwagen Group;

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