Marcus Booth | White & Case LLP International Law Firm, Global Law Practice
Marcus Booth
Marcus Booth

Marcus Booth

Partner, London

An M&A lawyer with experience of working on complex, international transactions.

Overview

Marcus supports private equity, financial sponsor and corporate clients with all forms of mergers and acquisitions, alternative capital transactions, portfolio assistance and restructuring advice.

A partner in the London private equity group, his practice is international in scope, and he is accustomed to working with multi-disciplinary teams of lawyers from the Firm's offices across the globe. Notable recent transactions include leading the corporate team acting for GSO Capital Partners LP on its £115 million debt and equity financing of the management buyout of XLN Telecom, Rhône Capital's acquisition of Ask Chemicals, and Avast Software's sale of a significant minority stake to CVC Capital Partners.

Before joining White & Case, Marcus was a senior associate in a leading UK private equity law firm. He is a fellow of the Royal Society of Arts (UK).

Bars and Courts

  • England and Wales

Education

  • PGDLP, College of Law
  • PGDL, College of Law
  • MA, Medieval History, University of St Andrews

Languages

  • English
  • French
  • Italian

Experience

GSO Capital Partners' financing for the acquisition of Ibstock Group and Glen-Gery Corporation, 2014

Marcus advised GSO Capital Partners LP in connection with the debt financing for the acquisition of Ibstock Group Limited and Glen-Gery Corporation by funds managed by Bain Capital Europe, LLP.

IGI SGR's sale of a majority stake in Italian Industrial Group, 2014

Marcus jointly led the team which advised Italian private equity firm IGI SGR S.p.A. and the Chiarva Group on the sale of a 51 percent stake in Gruppo Fabbri Vignola S.p.A. to Lincolnshire Management Inc., the leading private equity firm headquartered in New York. The sellers retained a minority shareholding in Modena-based Gruppo Fabbri, which produces wrapping and tray-sealing machines and film products for packaging fresh food. The acquisition was Lincolnshire's first transaction in Italy, and demonstrated Marcus' ability to coordinate a team of lawyers from across the US, the UK and Europe. Federico Chiarva, Vice President of the Board at Gruppo Fabbri, described the London team as "proactive, committed and engaged".

Rhône Capital's acquisition of Ask Chemicals, 2014

Marcus advised global private equity firm Rhône Capital LLC on the acquisition by its affiliates of ASK Chemicals GmbH from Ashland Inc. and Clariant. The global nature of ASK and the tight execution timetable meant that the deal played to the Firm's strengths, and its ability to field a geographically diverse team to support Rhône on both M&A and financing. Rhône described the White & Case team as "experienced and focused".

Avast Software's sale of a minority stake, 2014

Marcus advised Avast Software, one of the world's major players in the antivirus market, and a selling shareholder consortium, on the sale of a significant minority stake to CVC Capital Partners, one of the world's leading private equity and investment advisory firms. Avast commented that the transaction was "complex and challenging", and that "White & Case put together a first-class team for us, combining lawyers who not only know Avast and its needs, but also understand the demands of private equity sponsors…and it worked perfectly."

ALROSA initial public offering, 2013

Marcus worked closely with the Russian White & Case team which acted as the underwriters' counsel in the initial public offering of ALROSA, the world's largest diamond company, which was listed on the Moscow Stock Exchange. The deal was Russia's largest privatisation transaction since 2006, the largest ever public offering of local shares in Russia and one of the largest resource sector offerings in recent years. The offering represented a transaction value of RUB 41.3 billion (US$1.3 billion).

RWE's sale of NET4GAS, 2013

Marcus advised RWE AG, a leading European electricity and gas company, in connection with the sale of its 100 percent share in NET4GAS, s.r.o., the Czech gas transmission system operator, to a consortium comprised of Allianz and Borealis Infrastructure. The consortium acquired the shares for an enterprise value close to €1.6 billion. This was an excellent example of the Firm's strength advising on large, cross-border deals, and involved close cooperation between Marcus and his team in London and lawyers from the Prague team, with additional support from energy industry lawyers from the Firm's Brussels and Dusseldorf offices.

Primav's acquisition of a 19 percent stake in Ecorodovias, 2012

Working with a team of the Firm's lawyers drawn from Milan, London and São Paolo, Marcus advised Brazilian company Primav Construções e Comércio, a company of the CR Almeida Group, on its acquisition from Impregilo of a 19 percent stake in Ecorodovias Infraestructura e Logística S.A., a company focused on highway concessions and associated services in Brazil. The purchase price for this stake was approximately €770 million.

Findus Group's restructuring, 2012

Marcus acted on the complex restructuring of the frozen foods provider, Findus Group. The Firm advised the co-ordinating committee of senior lenders formed of Nordea, Société Générale, Royal Bank of Scotland, JP Morgan and GSO Capital Partners. The £220 million refinancing involved £125 million of new money being used to pay down senior debt, with an additional £25 million in cash retained on Findus's balance sheet, while a further £70 million facility was made available. Findus, which has operations in the United Kingdom, France and the Nordic region, was acquired by Lion Capital in 2008. The private equity firm will retain a 30 percent stake in Findus.

Zolfo Cooper's sale of Peverel, 2012

Marcus advised administrators Zolfo Cooper in the £62 million sale of the property manager, Peverel Group, to a special purpose vehicle backed by Chamonix Private Equity and Electra Partners. The complex transaction involved structural and regulatory elements, and the team comprised a multidisciplined team of lawyers from across FRI, corporate, property, tax and employment. Peverel, one of the UK's largest property management companies, with more than 190,000 properties under management, was placed into administration in March 2011.

Publications

  • PSC register: Unintended consequences in the search for transparency?, Practical Law Finance

Awards & Recognition

Emerging Leaders Awards winner, M&A Advisor, 2015