Nicholas Jennings

Nick advises clients on a broad spectrum of UK and international M&A, equity capital markets, private equity, joint ventures, and corporate finance transactions, as well as general corporate counselling.

Nick also has significant experience in M&A, joint ventures, and other transactional work in the Middle East, having practiced corporate law in the UAE for two years before joining the firm.

Nick’s clients range from multinational corporations and private equity funds to venture capital firms and public companies.

Mergers and Acquisitions

• Advised the shareholders of Vigilance Properties, a leading security specialist offering innovative people and technology security solutions, in its strategic sale to Orbis Protect, a UK market leader in specialist security and protection services.
• Advised Novatae Risk Group in its acquisition of London-based Bretton Woods International.
• Advised a private investor on the sale of a 50-acre data centre development site in Saunderton, Buckinghamshire, UK, to a major international data centre operator.
• Represented Family Zone Cyber Safety Limited in the acquisition of the UK’s leading digital safety solutions provider Smoothwall for a cash consideration of £75.5 million.
• Represented Close Brothers Group plc on a number of transactions, including its disposal of Close Brothers Retail Finance to Klarna Bank.
• Represented illycafe SpA on the acquisition of its UK distribution business from EFB Group Limited.
• Advised EML Payments Limited (ASX: EML) on its £21.6 million acquisition of Flex-e-Card Limited.
• Represented Thalassa Holdings Limited (LSE: THAL) on the disposal of its seismic survey business to Fairfield Nodal for approximately $30 million.
• Represented a PE fund in connection with the disposal of an upstream oil and gas company, with offshore assets in the Netherlands, Denmark, and Germany.
• Advised Fair Isaac Corporation (NYSE: FICO) on its $115 million acquisition of Adeptra Limited.

Capital Markets

• Advised SolGold plc (LSE & TSX: SOLG) on its underwritten placing and retail offer to raise £30.9 million.
• Represented Adriatic Metals Plc (LSE: ADT1, ASX: ADT) on its LSE Main Market listing.
• Represented Thalassa Holdings Limited (LSE: THAL) on its hostile takeover offer for the Local Shopping REIT Plc (LSE: LSR).
• Represented Thalassa Holdings Limited (LSE: THAL) on its move from AIM to the Main Market.
• Advised Honye Financial Services Ltd (LSE: HOYE) on its Main Market IPO.
• Advised Derriston Capital plc, an LSE standard listed shell, in connection with its conditional agreement to acquire S4 Capital Limited, Sir Martin Sorrell’s newly incorporated entity aiming to build a multinational communication services business focused on growth.
• Represented SolGold plc (LSE & TSX: SOLG) on its underwritten private placement to raise £45 million.
• Represented San Leon Energy Plc (AIM: SLE) in connection with its recommended takeover of AIM-listed Island Oil & Gas Plc.

Private Equity and Venture Capital

• Represented Main Street Capital Corporation in its $40 million first lien, senior secured term debt, and follow-on investment in an existing portfolio company Gulf Manufacturing.
• Represented ENGIE New Ventures SAS in connection with investments in an energy storage company and demand response aggregator company.
• Advised Hargreave Hale AIM VCT in relation to its investments in Kidly Limited, Oxford Genetics, Honest Brew, and SCA Investments Limited (trading as Gousto).
• Advised Pentair (NYSE: PNR) in connection with its investment in Voltea Limited.
• Represented an investor group in connection with an investment in a UK-based technology company.
• Represented a UK software company in connection with series A funding.

Middle East Transactions

• Advised General Atlantic LLC in connection with the acquisition of a stake in Network International LLC.
• Represented GFH B.S.C. in connection with its acquisition of The Sheffield Private School LLC.
• Advised a group of sellers in connection with the disposal of Asia Waterjet Holdings Ltd.
• Represented Midland Holdings Ltd on its acquisition of Midland Trading LLC.
• Advised Cinépolis in connection with its regional joint venture with Al Tayer Group.

• The Legal 500, Corporate and Commercial – M&A: Smaller Deals, Up to £50M (2022)