Neel V. Sachdev

Partner Transactional

Kirkland & Ellis International LLP

neel.sachdev@kirkland.com

M + 44 79 8492 5652

Practices

Overview

Neel Sachdev is a partner in the London office of Kirkland & Ellis International LLP. Neel represents financial sponsors and their affiliates on the financing of multi-jurisdictional leveraged buyouts and other complex financing transactions in Europe, the U.S. and Asia. Neel advises on a wide range of complex financing transactions involving financial sponsors.

Neel has been recognized as:

“Finance Individual of the Year (London)” at The Legal 500 UK Awards 2019
one of Europe’s leading lawyers for Banking and Finance by Chambers & Partners from 2007 to 2021, who is a “hugely dominant player on the sponsor side”. He is ranked as a Band 1 ‘Leading Individual’ for Banking & Finance’ in Chambers UK 2021 and Chambers Global 2017–2020
a leading lawyer who is “experienced and highly creative” in The Legal 500 from 2008 to 2021
a market leader in the IFLR1000 from 2012 to 2021, where clients say he is an “outstanding partner in a financing process. Great technical advice on legal documentation negotiation, lateral thinking on finding solutions, [and a] good level of understanding on the financing process overall”
one of the “Hot 100” lawyers in Europe for 2020 by The Lawyer, who commended his business-getting skills as “legendary”. He was previously recognised as one of the “Hot 100” lawyers in Europe for 2007 and was cited as a "rising star" and "one of the youngest partners" amongst European finance lawyers
one of the “40 under 40” Rising Stars of Legal Services by Financial News in 2015
“a future star of the City” by The Times in 2007

Neel received the Private Equity News Banking and Finance Award for Excellence in Advisory Services in Europe on behalf of the financing team at Kirkland & Ellis. The Legal 500 also named Kirkland & Ellis “Finance Firm of the Year” at the Legal 500 UK Awards 2019.

Neel has over 20 years' experience advising top-tier financial sponsors including, amongst others Abry, Advent, Altor, Apollo, Apax, Astorg, Bain Capital, BC Partners, CCMP Capital, Carlyle, Core Equity Holdings, Centerbridge, CVC Capital, Five Arrows, GTCR, HIG Capital, Industri Kapital, Investindustrial, L-GAM, Lone Star, Pollen Street Capital, Rhone Capital, Searchlight Capital, Strategic Value Partners, Sun Capital, Towerbrook Capital, Triton, Vitruvian and Warburg Pincus.

Experience

Bain Capital

and its consortium partners on the €2.1 billion proposed public takeover of Ahlstrom-Munksjö Oyj
and NB Renaissance Partners in connection with the financing for their acquisition of Engineering Ingegneria Informatica S.p.A.
and Carlyle on the public takeover offer for OSRAM Licht AG
on its acquisition of DSM Sinochem Pharmaceuticals, a global leader in sustainable antibiotics, next-generation statins and anti-fungals
and Cinven on their EUR 5.4 billion joint public takeover of the German pharmaceutical company Stada Arzneimittel AG; to date the largest private equity transaction ever realized in the German market
on its carve-out acquisition from Sealed Air Corp. of Sealed Air’s Diversey Care division and the food hygiene and cleaning business within Sealed Air’s Food Care division (together “New Diversey”) for approximately $3.2 billion
on its £230 million acquisition of Plasma Resources UK Ltd. from the UK Department of Health
on its acquisition of Maisons du Monde, part financed via the offering of €325 million Senior Secured Notes due 2020
and Advent in the DKK17 billion acquisition of Nordic card-payment company Nets Holding AS
on its acquisition of Bugaboo International
on the financing aspects of its acquisition of Fedrigoni Group
on its acquisition of leading Italian tyre wholesaler Fintyre
on the acquisition of MSX International
in relation to the financing of its US$3.1bn sale of Brakes to Sysco
and Virgin Group on the export credit financing for Virgin Voyages
and Hellman & Friedman on the €1.6 billion debt financing of its acquisition of Securitas Direct
and its portfolio company Atento in connection with the refinancing of Atento’ s super senior revolving credit facility and senior secured notes
and Autodis S.A. in connection with the issuance by Autodis S.A. of €80.0 million of senior secured floating rate notes due 2022
and Altor, Albain Midco Norway AS and Albain Bidco Norway AS in the financing of their acquisition of EWOS Group by Albain Bidco Norway for NOK 6.5 billion

Lone Star

on the financing aspects of its €3.17 billion acquisition of BASF's Construction Chemicals business
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 €2.2 billion acquisition of the Xella Group, a German-based market leader in building solutions, from PAI Partners and funds managed by Goldman Sachs’ investment arm
on the financing aspects of its approximately €1.025 billion acquisition of Stark Group

Investindustrial

on the financing aspects of its acquisition of Neolith
on the financing aspects of its acquisition of Italcanditi SpA
on the financing aspects of its acquisition of Natra, S.A.
on the financing aspects of its acquisition of Louis Poulsen Lighting A/S
on its acquisition of leading medical device company HTL-Strefa (‘HTL’)
on the financing aspects of its acquisition of Italian diagnostics company Lifebrain
on the financing aspects of its acquisition of CEME Group S.p.A.
with respect to the financing of its approximately €1.3 billion acquisition of the Artsana Group S.p.A., a global health and beauty care business which includes brands such as Chicco and Boppy
in relation to the financing of their acquisition of B&B Italia

BC Partners

and United Group on the financing aspects of United Group’s c. £1 billion acquisition of Vivacom
on its investment in Advanced, a provider of business software solutions
on the financing aspects of its acquisition of a majority stake in Synthon International Holding, a global market leader in the development of complex Generics
and United Group on United Group’s definitive agreement to acquire Tele2 Croatia
on its acquisition of a majority stake in United Group, a leading media and communication services provider across Southeast Europe, from KKR
on the financing aspects of its £700 million acquisition of VetPartners from Ares Management and August Equity

on the £425 million financing of Hg Genesis 8 portfolio
on the financing for its majority investment in Visma, a leading provider of business-critical software, in a transaction valuing the business at an enterprise value of $12.2 billion
on the financing aspects of its acquisition of a majority stake in P&I

Core Equity Holdings

on the financing aspects of its acquisition of Portman Dental Care
on the financing aspects of its acquisition of ID Verde SAS

Warburg Pincus

on its co-investment in the combined group of Tilney Smith & Williamson
on its investment in Polyplus, a developer of innovative and cost-effective technology used in gene and cell therapy
on the sale of Accelya to Vista Private Equity

Antin Infrastructure Partners on its reinvestment in Eurofiber, including the sale of a minority stake to PGGM

CPP Investments and its consortium partners on the acquisition of Galileo Global Education

Oakley Capital on the sale of WebPros to CVC

EP Global Commerce on the €6 billion voluntary public takeover offer for METRO AG

Thomas H. Lee Partners on the acquisition of AutoStore from EQT

Searchlight Capital on the acquisition of a 26% minority stake in Latécoère, a French aeronautics company

A consortium consisting of Apax, Warburg Pincus, Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan on the $3.4 billion take private of Inmarsat, a British satellite communications group

TA Associates and Inspired Education on the financing aspects of the acquisition by Inspired Education of ACG’s schools unit and refinancing of existing debt

Alteri Investors on the acquisition of CBR Fashion Group from Swedish financial investor EQT

Sun European Partners

on the financing aspects of its sale of Albéa
on its acquisition of Afriflora

Albea Beauty Holdings, a portfolio company of Sun Capital, on an approximately US$1 billion refinancing consisting of a senior secured term loan B and revolving credit facility

Sun Capital on the financing of its acquisition of fashion brand Scotch & Soda and retail company V&D

EG Group, a portfolio company of TDR Capital, on its approximately $5 billion of financings for the acquisitions of:

Woolworths Group’s petrol division in Australia
762 forecourt convenience sites in the U.S. from The Kroger Group
Esso Deutschland GmbH (1000 Esso Service Stations in Germany) from Exxon Mobil Corporation

Apax Partners on its acquisition of a majority stake in matchesfashion.com

Triton on the financing of its approximately €700 million sale of Rutgers NV

Towerbrook Capital on their buy-out of Jimmy Choo

A consortium of senior lenders led by Apollo, TowerBrook and York Capital in connection with the hostile debt M&A takeover of the Monier Group

Apollo in connection with the year-long restructuring of Gala Coral

HIG Capital on the unitranche financing of its acquisition of Freedom Finance

CVC Capital and ista in connection with ista's bank and bond facilities incurred in connection CVC's acquisition of ista

Edcon Limited, formerly a Bain portfolio company, on a comprehensive financial restructuring of its capital structure

Five Arrows Principal Investments in connection with its acquisition of the Karnov group

Altor Fund Manager AB and Goldman Sachs Merchant Banking on the refinancing for Navico

Carlyle in connection with the offering of £425 million of senior secured bonds and the private placement of £130 million of second lien bonds

Vitruvian in relation to the financings of their acquisitions of CRF Health, Accountor and Unifaun

CCMP Capital and Pure Gym, in relation to the financing of Pure Gym’s approximately £80 million acquisition of the LA Fitness UK business

Edcon Holdings Limited, the parent company of Edcon, in the offering of €425 million 13.375% senior notes due 2019 and the tender offer for €378 million of its senior notes due 2015

Triton, Rhone Capital and Orion Engineered Carbons Finance & Co. S.C.A. in connection with Orion's offering of $390 million 9.25/10% pay-in-kind toggle notes due 2019

Neel V. Sachdev

Practices

Overview

Credentials

Admissions & Qualifications

Education

Practices

Representative Matters

Credentials

Admissions & Qualifications

Education