George T. F. Gray

Mr. Gray has advised on acquisitions and disposals of companies in the software, insurance, human resources, fintech, life sciences, energy, commercial services and products, technology and transportation sectors.

His representations have included:

• Staysure Group in connection with an investment by ICG Europe in Staysure
• the founders of Markerstudy Group in the £1.27 billion merger of Markerstudy with Ardonagh’s personal lines broking business, Atlanta
• Waterlogic and its shareholders (including Castik Capital) in Waterlogic’s merger with Culligan International
• NorStella, a portfolio company of Hg and Welsh Carson Anderson & Stowe, in its merger with Citeline, a portfolio company of Warburg Pincus LLC, creating a combined pharmaceutical group with a value of US$5 billion
• Castik Capital in the sale of approximately 25% of portfolio company Waterlogic Holdings Limited to British Columbia Investment Management Corporation
• Hg:
  • in the sale of its stake in Argus Media Group to Adrian Binks, chairman and CEO of Argus, and General Atlantic
  • in its investment, alongside Bowmark Capital, in Pirum Systems
  • in its investment in Managed Markets Insights & Technology
  • in its investment, alongside TA Associates, in Insight Software
  • in connection with its acquisition of Gen II Fund Services as part of a consortium along with General Atlantic and IHS Markit
  • in its acquisition of a 50% stake in the Citation group from KKR
  • in its investment in Howden Insurance Group
  • in its acquisitions of Allocate, Evaluate, Esendex, Raet and Sovos Compliance
  • in Hg and Litera’s acquisition of Workshare, a provider of secure enterprise file sharing and collaboration software, from Scottish Equity Partners and the Business Growth Fund
  • in its acquisition of a minority stake in Argus Media, an independent provider of energy and commodity price reporting
  • in its disposals of (i) Debitoor, to SumUp; (ii) the core Scandinavian business of e-conomic to Visma; (iii) JLA, to Cinven; (iv) Kinapse, to Syneos Health; (v) Reviso, to TeamSystem (backed by Hellman & Friedman); (vi) The Foundry, to Roper Technologies; (vii) Ullink, to Itiviti (backed by Nordic Capital); (viii) Zitcom, to Intelligent; and (ix) Zenith, to Bridgepoint
  • in connection with a number of portfolio company mandates
• Hg 7 in the sale of Sovos Compliance to Hg Saturn 2 Fund and TA Associates
• DH Private Equity Partners LLP in its sale of KP1 SAS to GSO Capital Partners LP as part of the restructuring of KP1 Group
• IRIS Software in connection with its acquisition of FMP Global, a provider of outsourced payroll services, and HR and payroll software
• A-Plan in its acquisition of Vast:Visibility, a provider of comparison technology to the insurance sector
• Castik Capital in connection with the merger of the combined IPAN/Delegate/Unycom business (a provider of IP management and technology) with CPA Global (backed by Leonard Green Partners and Partners Group)
• I Squared and TIP in connection with their acquisition of PEMA, a provider of truck and trailer rentals and related services, from Société Générale
• Sovos Compliance, LLC, a portfolio company of HgCapital LLP, in its acquisitions of TrustWeaver AB and Paperless
• a consortium comprising Allianz Capital Partners, Borealis Infrastructure, Infinity Investments SA and Munich RE in its acquisition of Tank & Rast.