Lovells is making steps towards rebuilding its London private equity practice by hiring Alan Greenough from White & Case.
Greenough joined White & Case at the beginning of 2004 to build a UK law private equity practice. He was previously head of corporate at Pinsents (now Pinsent Masons) with an outstanding reputation in mid-market M&A. At White & Case, he was engaged in a range of corporate work, including private equity, M&A and cross-border transactions.
His recent private equity work has included acting for the management and employees of Baxi Group on a £760m secondary buyout, for management and employees on the £107m Legal and General Ventures-backed MBO of Tragus, and for management and employees on the £273m Castle Harlan-backed MBO of Polypipe Building Products. He also advised on M&A deals including Liberty Global’s US$2.19bn (£1.18bn) acquisition of Switzerland’s Cablecom in 2005.
Lovells has been trying to rebuild its London private equity practice for the last six months since Marco Compagnoni left for Weil Gotshal & Manges, taking many of the firm’s UK private equity lawyers with him including associate Jonathan Wood and consultant Alison Hampton. This followed shortly after the departure of Derek Baird for Allen & Overy.