Costa Smith

Energy, Infrastructure and Real Assets

• A consortium of Arcus Infrastructure Partners and GLIL Infrastructure Partners on the leveraged buyout of Smart Meter Assets 1 Ltd, an energy infrastructure provider, from Brookfield Infrastructure Partners by way of an auction sale*
• KKH Property Investors on its €205m forward sale of Sol HTL (which owns a 200-room Madrid hotel operated under the EDITION brand of Marriott International) to Archer Hotel Capital (a vehicle jointly owned by GIC and APG Asset Management)*
• An infrastructure fund in its club bid for MapleCo, a smart-metering firm, sold by a consortium of SSE, OMERS and OTPP by way of an auction sale*
• Dalmore Capital on its £1.9bn acquisition of Cadent Gas (as part of a consortium including Macquarie Infrastructure and Real Assets, China Investment Corporation, the Qatar Investment Authority, Allianz Capital Partners and Hermes Investment Management)*
• X-Elio, a global sustainable energy developer managed by joint venture between KKR and Brookfield, on certain asset investment opportunities*
• Noble Corporation, a global offshore drilling contractor, on its US$375m divestment of five jack-up drilling rigs to Shelf Drilling
• Connect Fibre, a digital infrastructure service provider, on the majority investment by Foresight Group
• West Indian Ocean Cable Company on financing activity to support its business expansion, including with respect to data centre deployment in the African continent
• Dalmore Capital on the divestment of its interests in the Civis PFI/PPP Infrastructure Fund to joint venture partner PGGM (the asset manager of the Dutch healthcare pension scheme PFZW)*
• Redefine Properties on its €1.2bn acquisition of a portfolio of real estate assets in Poland by way of the purchase of a 75% stake in Dutch property vehicle Echo Prime Properties*
• The majority shareholders of Mabey, an international bridge and engineering services specialist, on sale of Mabey Inc to Sunbelt Rentals*
• Arcus Infrastructure Partners on the leveraged buyout of Foresight Metering Management Limited, a smart meter infrastructure provider, from the Foresight Group by way of an auction sale*
• Dalmore Capital on its £1.4bn acquisition of John Laing Infrastructure Fund (as part of a joint venture with Equitix Investment Management)*
• The shareholders of McNicholas on the sale of McNicholas, a multi-utility engineering services provider, to the Kier Group*
• Hanson UK in respect of the divestment of a UK cement plant*
• HarbourVest Partners, Columbia Capital, Innova Capital, M/C Partners and other shareholders of GTS, a Central and Eastern European infrastructure-based telecommunications service provider, on the €546m sale of GTS to Deutsche Telekom AG*
• Cairn Homes Plc, an Irish homebuilder, on its €440m initial public offering (IPO) on the main market of the London Stock Exchange*

Technology

• Azimo, the global digital cross-border payments service, on its sale to Papaya Global, the global people management platform
• The United Kingdom Cabinet Office on the £380m sale (in joint venture with Capita Plc) of Axelos Limited, a global examination and certification provider, to PeopleCert International*
• Timico Group (a portfolio company of Horizon Capital LLP) on the acquisition of Atos IT Outsourcing UK Limited from Atos*
• Endless LLP on the sale of Trustmarque to Capita Plc*
• Endless LLP on the sale of Liberata to Outsourcing Inc., the Tokyo Stock Exchange listed global outsourcing group*
• Bessemer Venture Partners on its successful investment in United Kingdom cloud-based call-centre software provider NewVoiceMedia Ltd*
• Shareholders of Palladium Group on the divestment of the EMEA business of Palladium Group by way of a management buyout*

Financial Services

• AWJ Investments Ltd, a special purpose open-ended fund, in respect of its exit through the sale of its flagship holding in AWJ Investments LLC to Kitopi, a leading tech-powered, multi-brand restaurant.
• Shareholders of Global Processing Services (GPS) in respect of a US$300m investment in GPS from Advent International and Viking Global Investors
• CFFI Ventures on its series of co-investments in United Kingdom clearing bank ClearBank*
• Sovereign Capital on the sale of Cordium, a global compliance and regulatory consultancy service, to European Capital*
• The founders and management of Allen International in the sale of Allen International (a leading design consultancy in the financial services sector) to Accenture plc*
• Sango Capital Management in respect of the structuring of its second Africa-focused fund*
• AXA Real Estate Investment Managers in the establishment of a UK-focused real estate investment fund*
• ABRY Partners on the acquisition of a majority interest in UK employee benefits company Thomsons Online Benefits*
• AmWINS Group, Inc., a global insurance broker, in the recommended takeover, by way of a scheme of arrangement, of THB Plc*
• Darwin Strategic Limited in relation to an investment from Henderson Global Investors*
• Shareholders of The Innovation Enterprise Limited, a media brand servicing the financial sector, in respect of the sale of The Innovation Enterprise Limited to CFO Publishing, a U.S.-based media business*
• Shareholders of sQuidcard in respect of the restructuring of sQuidcard and the subsequent merger with Applied Card Technologies, two consumer companies specialising in contact-less payment technology*

* Prior to joining Baker Botts