AG advises Sanne Group on its £1.5 billion takeover by Apex
The AG team was led by Simon Wood and included corporate associates Jenny Crossan and Vinay Rawal
Addleshaw Goddard (AG) has advised FTSE 250 client Sanne Group on its £1.5bn recommended cash takeover offer by Apex Group.
Sanne Group is a “leading” global provider of outsourced alternative asset and corporate business services.
According to the firm, the acquisition by private-equity backed Apex Group will create one of the “largest global financial services providers in the alternative assets space”.
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.
Simon Wood said: “Private equity interest in UK PLC is a notable feature of the current listed landscape and brings an increased level of scrutiny on a target board.
“We are delighted to have been able to offer our strategic takeovers experience in helping Sanne deliver this offer for its shareholders at a compelling valuation multiple.”
