Silver Lake’s Acquisition of a Stake in RAC

Baker McKenzie advised Silver Lake on the transaction while Freshfields advised RAC.

Silver Lake announced the acquisition of a stake in RAC, the UK’s leading breakdown assistance provider, from funds managed or advised by CVC Capital Partners and GIC. 

Silver Lake operates as a technology investment firm. 

RAC operates as a motor service and repair centre. The Company offers full servicing, repairs and insurance of automobile, as well as provides route planning services. RAC serves customers in the United Kingdom. 

The Baker McKenzie team was led by partner, David Allen (Picture), together with Dewi Evans, Matt Gamble and Georgiana Andrews (PE), Matt Cox (finance) and Luis Gomez and Sam Mobley (anti-trust).

Involved fees earner: David Allen – Baker McKenzie; Georgiana Andrews – Baker McKenzie; Matt Cox – Baker McKenzie; Dewi Evans – Baker McKenzie; Matt Gamble – Baker McKenzie; Luis Gomez – Baker McKenzie; Sam Mobley – Baker McKenzie; Alastair Brown – Freshfields Bruckhaus Deringer LLP; Charles Hayes – Freshfields Bruckhaus Deringer LLP;

Law Firms: Baker McKenzie; Freshfields Bruckhaus Deringer LLP;

Clients: RAC; Silver Lake;

Federica Tiefenthaler

Author: Federica Tiefenthaler