Stefan Arnold-Soulby
Overview
Stefan Arnold-Soulby is a partner in the Debt Finance Team at Kirkland & Ellis International LLP. Stefan represents financial sponsors and their portfolio companies on a wide range of complex financings at all levels of the capital structure with a focus on multi-jurisdictional leveraged buyouts of public and private companies.
Stefan has significant experience representing clients on public to private transactions, direct and hybrid real estate financings (including in respect of the financing of public to private transactions involving REITs), margin loan financings, preferred equity financings and other bespoke financing solutions at all tiers of the capital structure and stages in the investment cycle.
Experience
Representative Matters
LBOs
Warburg Pincus:
- and its portfolio company Citeline (formerly Pharma Intelligence) on the financing aspects of its merger of equals with Norstella to form an end-to-end life sciences solutions provider.
- on the financing aspects of its investment in Polyplus, a developer of innovative and cost-effective technology used in gene and cell therapy.
- and its portfolio company Allied Universal on the financing and structuring aspects of its recommended £3.8 billion cash offer for G4S.
- on the financing aspects of its acquisition of Pharma Intelligence from Informa PLC.
- on the financing aspects of its acquisition of Minesoft, a global patent solutions provider.
- and its portfolio company Fortius on the financing aspects of its acquisition of Once For All (Attestation Légale).
- on the financing aspects of its agreement with Macquarie Capital Principal Finance to jointly acquire a majority stake in Premier Technical Services Group.
Investindustrial:
- on the financing aspects of its acquisition of Guala Closures.
- on the financing aspects of its acquisition of Neolith.
- on the financing aspects of its acquisition of Natra, S.A.
- on the financing aspects of its acquisition of Italcanditi SpA.
Carlyle:
- on the voluntary public takeover offer for Schaltbau Holding AG.
- and Bain Capital on financing aspects of their joint public takeover offer for OSRAM Licht AG
Accel-KKR
- on the successful public tender offer for Basware Corporation.
- on the financing aspects of its majority growth investment in NAVTOR, a leading provider of navigational software for the maritime industry.
- on the refinancing of its portfolio company, Kerridge Commercial Systems Limited.
- and its portfolio company, Kerridge Commercial Systems Limited on the financing aspects of several add-on acquisitions, including the take-private of EDP plc, a company listed on the main market of the London Stock Exchange and the take private of MAM Software Group, Inc., a company listed on NASDAQ.
- and its portfolio company Smart Communications on the financing aspects of its acquisition of Intelledox, a global digital transformation software company.
Bain Capital Private Equity:
- on the financing aspects of the sale of Geometric Results, Inc. to PRO Unlimited.
- and Carlyle on financing aspects of their joint public takeover offer for OSRAM Licht AG.
- and Cinven on the financing aspects their €5.3 billion joint public takeover offer for the German pharmaceutical company Stada Arzneimittel AG, to date the largest private equity transaction ever realized in the German market.
- and Cinven on the financing aspects of their subsequent public delisting tender offer to the shareholders of STADA Arzneimittel AG.
- on the financing aspects of its acquisition of MSX International.
- on the financing aspects of its acquisition of Consolis, a leading European group specialised in the design and manufacture of high-performance pre-cast concrete products, from LBO France.
- on the financing aspects of its acquisition of Bugaboo International, a Dutch design company that develops and produces mobility products.
- and its portfolio company MSX International on the financing aspects of its acquisition of De Poel, the UK’s leading Managed Service Provider and the associated upsizing and repricing of its senior secured term loan B.
Lone Star Funds:
- on the financing aspects of its approximately €1 billion acquisition of Imerys Roofing, one of the leading roofing suppliers in the French construction market, from Imerys, a world leader in mineral-based specialties for industry.
- on the financing aspects of its approximately €1.025 billion acquisition of Stark Group, the largest Nordic distributor of building materials, from Ferguson plc, the world's leading heating and plumbing distributor.
- and their portfolio company Stark Group, on financing aspects of the acquisition of leading German builders’ merchant Saint Gobain Building Distribution Deutschland.
- and their portfolio company Xella, on the financing aspects of the acquisition of URSA a leading European insulation materials manufacturer.
Partners Group:
- on the financing aspects of its acquisition of Ammeraal Beltech for €1 billion. Ammeraal Beltech is a global market leader in the design, manufacturing, fabrication and servicing of high-quality, high-performance process and conveyor belts.
- on the financing aspects of their acquisition of German energy services provider Techem from Macquarie, including the offering by Blitz F18-674 GmbH of €465 million 6% Senior Notes due 2026.
- and its portfolio company Civica in respect of their raising of certain additional facilities to refinance existing debt.
SK Capital:
- on the financing aspects of the formation of a consortium with Heubach Group and the subsequent acquisition of Clariant's Pigments business.
- on the financing aspects of its acquisition of Ipackchem.
Altera Infrastructure L.P. in pre-arranged Chapter 11 cases filed in the Bankruptcy Court for the Southern District of Texas.
Pamplona Capital Management on the acquisition of Signature Foods, a chilled food company, from IK Investment Partners.
CPP Investments and the consortium on financing and structuring aspects of its acquisition of Galileo Global Education, a post-secondary education group.
EP Global Commerce on the financing aspects of their approximately €6 billion voluntary public takeover offer for the German retailer Metro AG.
Real Estate Finance
Global Logistics Properties
- on financing and structuring aspects of its acquisition of European logistics business IDI Gazeley from Brookfield Asset Management for approximately US$2.8 billion.
- on financing aspects of their bid for Logicor (ultimately sold to GIC for €12.25 billion).
Brookfield:
- on the sale of Student Roost to a joint venture formed between GIC and Greystar.
- on the financing aspects of its €1.089 billion recommended cash offer for Hibernia REIT.
- on the financing aspects of its all-cash voluntary public takeover offer for Befimmo SA.
- on the financing aspects of its voluntary public takeover offer for alstria office REIT-AG.
Other
- A number of clients in respect of individual stock and multi-stock margin loan facilities and other derivative based stakebuilding tools.
- A number of private equity clients in respect of proposed IPO facilities.
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Credentials
Admissions & Qualifications
- 2016, Admitted to Practice as a Solicitor of England and Wales
Education
- University of Law, LondonLPCDistinction2014
- City, University of LondonGDL2012
- Durham UniversityB.A., Philosophy & TheologyHons.2011