Transactions

Transactions 

Macquarie Capital has an experienced team of professionals working in corporate advisory across Europe. We have a presence in the UK, Germany, France, Ireland, Sweden, the Netherlands, Russia and Spain.

Some recent European transactions include:

Transport and Infrastructure Services
  • HSBC Rail: Advised a consortium of 3i Infrastructure, Morgan Stanley Infrastructure and STAR Capital on the £2.1bn acquisition of Eversholt Rail Group
  • BAA: Joint financial adviser to the Grupo Ferrovial-led consortium on its £10.11bn takeover of BAA plc. Lead financial adviser on subsequent refinancing
  • Autoroutes Paris Rhin-Rhone: Financial adviser to Eiffage/Macquarie consortium’s acquisition of majority stake
Infrastructure Development
  • De Lijn Bus Depots PPP: Equity arranger and financial adviser on the construction and maintenance of three bus depots in Belgium
  • A1 Toll Road: Financial adviser to John Laing Infrastructure Ltd, Johann BUNTE Bauunternehmung und Bilfinger Berger BOT on financing the €650m development of the third A-Programme toll road in Germany
  • Irish Schools Bundles 1 & 2 PPP: Lead sponsor and sole financial adviser for the provision of design, build, finance and maintenance of 10 new schools for over 7,300 pupils
Utilities and Renewable Energy
  • Bord Gais Eireann: Advised on the acquisition of a wind energy business for up to €500m
  • Southern Water: Financial adviser, equity and debt arranger to the Greensands consortium of JP Morgan, Challenger, UBS, Access Capital Partners and Hermes in the £4.2bn acquisition
  • Thames Water: Financial adviser, equity underwriter and debt and equity arranger on the £8bn acquisition of Thames Water by a Macquarie-led consortium
Telecommunications, Media, Entertainment and Technology
  • Camelot: Adviser to Ontario Teachers Pension Plan on the £389m acquisition of Camelot Group, the operator of the UK National Lottery
  • Eircom: Financial adviser to Singapore Technologies Telemedia’s recommended offer valuing Eircom at around €4bn
  • Ceské Radiokomunikace: Exclusive financial adviser on €574m acquisition of the leading Czech broadcaster by Macquarie-related funds
Industrials
  • Nordic Capital/SiC Processing: Financial adviser to Nordic Capital on its acquisition of SiC Processing, a leading global provider of recycling services to the solar wafer manufacturing industry
  • IK Investment Partners Ltd/GHD GesundHeits GmbH Deutschland: Macquarie acted as financial adviser to IK Investment Partners for the acquisition of German home care provider GHD
  • Ramsay Healthcare/Groupe Proclif: Financial adviser and arranger to Ramsay Healthcare on the acquisition of a majority shareholding in Groupe Proclif. Represented Ramsay Healthcare’s strategic entry into the French healthcare market
Financial Institutions
  • Lloyds: Co-lead manager and underwriter to Lloyds Banking Group’s £13.5bn rights issue - the largest ever equity fundraising in Europe
  • KBC Life Settlements Portfolio: Joint financial adviser to KBC Group on the sale of its US Life Settlements portfolio to funds managed by Fortress Investment Group of the US - a cross border transaction involving teams from London and the US
  • EMB: Financial adviser to UK-based EMB on the sale of their partnership interests to US-based Towers Watson. The EMB partnership is a market leader in non-life actuarial software and consulting services with operations across 10 countries and over 350 staff
Resources
  • Aurelian: Sole bookrunner on Aurelian Oil & Gas plc €39m conditional placing and joint bookrunner on a €116m capital raise
Real Estate
  • Extra Motorway Service Areas: Financial adviser and debt arranger to Evergreen Real Estate Partners on the £300m acquisition of Extra MSA Holdings
  • Arlington Business Park Partnership: Financial adviser to the General Partners, Legal & General and Goodman Group, on the circa £350m recapitalisation of ABPP
  • Goodman European Logistics Fund: Financial adviser and lead manager for the €624m unlisted equity raising and subsequent raisings

 

Investments in any of the funds mentioned above are not deposits with, or other liabilities of, Macquarie Bank Limited ABN 46 008 583 542 (MBL) or of any other company in the Macquarie Bank Group and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. Neither MBL nor any other member of the Macquarie Bank Group guarantees any particular rate of return on, or the performance of, any of the above funds, nor do they guarantee the repayment of capital from any of those funds. Any investment in the above funds involves risk (including the potential loss of principal) and the funds may or may not be able to achieve their respective investment objective(s) for a variety of reasons. Past performance is not indicative of future results.