Andrew Stilton Partner
T: 0870 763 1556
Andrew specialises in private equity, mergers and acquisitions and corporate finance transactions generally, including establishment of investment funds, public and private fund raisings, venture capital and private equity investments, takeovers, mergers, reconstructions and joint ventures.
Experience
An experienced, practical and commercial business lawyer and deal maker, highly regarded by clients and peers for his ability to make even the most complex and potentially confrontational brief clear and negotiate it through to the desired conclusion. His sound and wide ranging intellectual skills mean that he is consulted on the drafting of legislation - for example the Companies Act 2006, where he chaired working parties dealing with share capital and small and private companies, including high-level meetings with the DTI and preparing responses to consultation documents.
Has acted on numerous corporate finance transactions including:
- Acting for City Hopper Airports (Blackpool) Limited in the acquisition of Blackpool Airport from Blackpool Borough Council and complex joint venture structures with the Council
- £25 million disposal of IT recruitment business to a trade buyer
- Acting in sale of aggregates business for £7 million
- Acting for Lloyds TSB Bank plc in connection with a £30 million cross-border re-financing and on a number of transactions for the Bank’s acquisition finance team
- Acting (either for the private equity house or for the investee company) in over 70 private equity investments, in sectors as diverse as film distribution, nanotechnology and the leisure industry
- Acting both as legal adviser and sponsor on the launch of Foresight VCT plc
- Acting in the establishment of two investment funds with a combined value of approximately £45 million
- Acting for two secondaries funds in the acquisition of two portfolios of private equity investments
- Acting for investors in a recently-established limited partnership, including advising on the carried interest structure and other issues arising out of the limited partnership agreement
- Acting on numerous joint ventures (including several cross-border joint ventures)
Additional information
- Open Exhibition to Trinity Hall, Cambridge (1975)
- BA (Cantab) 1978
- Trained with Ryland Martineau and qualified in January 1981 (the predecessor firm to Martineau) and became a Partner in 1985 specialising in corporate finance work and company law generally
- Member of the Law Society’s Standing Committee on Company Law
- Has led various Law Society working parties involved in responding to DTI and other consultation documents
- Fully involved in the consultation process which culminated in the enactment of the Companies Act 2006
- Described in the Chambers Guide to the UK legal Profession as follows: “measured and cerebral”, “recognised for his deft ability to rein in even the most difficult deals” and as someone who “can handle complex jobs in a thoroughly comprehensible way”
- Author of Sale of Shares and Businesses, first published by Sweet & Maxwell in 2006
Client quotes
- “Andrew is a hugely talented lawyer. On a recently closed £9 million BIMBO the partner working in the firm for management went as far as to call me to tell me that Andrew was the best lawyer he had ever worked with. Expertise and strengths include a highly detailed knowledge of the law with very strong problem solving capabilities and a pragmatic attitude to what classifies as an important issue.”
Chris Price, Foresight Group LLP
- “The team at Martineau were quick to react to a proposal which was technically challenging and together we were able to find a structure which satisfied our commercial requirements as well as VCT legislation and to complete the transaction in a very short timescale. Martineau’s VCT expertise was invaluable to getting the deal done.”
Michael Bayer, Triplepoint Investments
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