Apex’s Recommended Cash Acquisition of Sanne Group

Kirkland & Ellis and Mourant advised Apex Acquisition Company Limited on the deal. Addleshaw Goddard advised Sanne Group.

Apex Acquisition Company Limited announced the recommended all cash acquisition of the entire issued, and to be issued, ordinary share capital of Sanne Group plc (“Sanne”). The acquisition values Sanne’s entire issued, and to be issued, ordinary share capital at approximately £1.51 billion.

Sanne is a global provider of outsourced alternative asset and corporate business services, operating a global network of offices located in leading financial jurisdictions, employing over 2,000 with £500 billion of assets.

The Kirkland team was led by corporate partners David Higgins (Picture) and David Holdsworth and associate Chris Connolly; debt finance partners Neel Sachdev and Daniel Borg; financial services regulatory partners Lisa Cawley, Deirdre Haugh and Colin Sharpsmith; tax partners Tim Lowe and Rob Sharpe; anti-trust & competition partners Paula Riedel and Annie Herdman and technology & IP transactions partner Jennifer Wilson.

The AG team was led by Simon Wood and included corporate associates Jenny Crossan and Vinay Rawal, together with a wider team from the firm’s financial services, antitrust and regulatory teams.

The multi-jurisdictional Mourant team, advising on all aspects of Cayman, Guernsey and Jersey law, was led by Jon Woolrich, Sarah Huelin, Sara Galletly, Alana Gillies and Andrew Salisbury.

Involved fees earner: Jenny Crossan – Addleshaw Goddard; Vinay Rawal – Addleshaw Goddard; Simon Wood – Addleshaw Goddard; Robert Sharpe – Clifford Chance; Daniel Borg – Kirkland & Ellis; Lisa Cawley – Kirkland & Ellis; Chris Connolly – Kirkland & Ellis; Deirdre Haugh – Kirkland & Ellis; Annie Herdman – Kirkland & Ellis; David Higgins – Kirkland & Ellis; David Holdsworth – Kirkland & Ellis; Timothy Lowe – Kirkland & Ellis; Paula Riedel – Kirkland & Ellis; Neel Sachdev – Kirkland & Ellis; Colin Sharpsmith – Kirkland & Ellis; Jennifer Wilson – Kirkland & Ellis; Sara Galletly – Mourant; Alana Gillies – Mourant; Sarah Huelin – Mourant; Andrew Salisbury – Mourant; Jon Woolrich – Mourant;

Law Firms: Addleshaw Goddard; Clifford Chance; Kirkland & Ellis; Mourant;

Clients: Apex Acquisition Company Limited; Sanne Group plc;

Author: Federica Tiefenthaler