Steven Hannah

Mr. Hannah’s practice principally focuses on advising financial sponsors on leveraged buyouts, disposals and consortium/minority equity investments in various geographies, sectors and transaction values.

His work also involves advising portfolio companies of financial sponsors on bolt-on transactions, restructurings, recapitalisations, management incentive schemes, senior executive hires and dismissals, and other strategic and general corporate matters.

Mr. Hannah’s recent representations include advising:

• funds advised by Castik Capital in:
  • the acquisition of Customs Support Group B.V. (CSG) from Mentha Capital B.V. and Oscar Driessen, the founder of CSG;
  • CPA Global’s $6.8 billion all-stock combination with Clarivate plc;
  • the sale of approximately 25% of portfolio company Waterlogic Holdings Limited to British Columbia Investment Management Corporation; 
  • their acquisition of two IP management services and software companies, ipan Group and Delegate, and their subsequent merger with CPA Global, a portfolio company of Leonard Green Partners and Partners Group; and
  • the acquisition of AddSecure from Arby Partners;
• Montagu Private Equity LLP and the other shareholders of Equatex in their €354 million disposal to Computershare;
• funds managed by I Square Capital Advisors, LLC, along with TDR Capital LLP, in the US$3.1 billion acquisition of Aggreko plc;
• Hg in:
  • its acquisition of Trackunit A/S from Goldman Sachs Asset Management and Gro Capital A/S;
  • its sale of Sovos Compliance to a consortium headed by Hg’s Saturn 2 fund and TA Associates;
  • the acquisition by Hg’s Saturn 2 fund of a stake in Visma, valuing the business at an enterprise value of $12.2 billion, which is the world’s largest-ever software buyout; 
  • its investments in Litera Microsystems, Workshare and Allocate;
  • its acquisition of CaseWare International; and
  • its acquisition of Prophix;
• Transaction Services Group (TSG) in Calera Capital’s sale of a majority stake in TSG to Advent International Corporation;
• Sovos Compliance, LLC, a portfolio company of Hg, in its acquisitions of Foriba AS, TrustWeaver AB and Paperless;
• Open International, a Montagu portfolio company, in its acquisition of Transactor Global Solutions;
• CogitalGroup, an Hg portfolio company (now Azets), in its acquisition of Wilkins Kennedy; and
• AddSecure, a Castik Capital portfolio company, in its acquisition of Connexas Group.