Caroline Sherrell

Partner, London

Biography

Overview

Caroline Sherrell is a partner in our global M&A and Corporate practice based in London and a member of the EMEA Private Equity team.

Caroline advises private equity houses, infrastructure funds and other financial sponsor clients on domestic and cross-border acquisitions, disposals, joint ventures, co-investments and restructuring. Caroline has a particular focus on the infrastructure sector.

Bars and Courts
England and Wales
New South Wales, Australia
Education
Bachelor of Economics (BEcon)
University of Queensland
Bachelor of Laws (LLB)
University of Queensland
Languages
English

Experience

Representation of GRIDSERVE and its founding shareholders on significant investments by Infracapital, TPG Rise (TPG's global impact investing platform) and Mitsubishi HC Capital UK Plc. GRIDSERVE is a tech-enabled sustainable energy business providing advanced hybrid solar and battery farms and electric vehicle charging infrastructure

Representation of a consortium of institutional investors on its acquisition of the Extra MSA Group, a UK motorway service area operator, from M3 Capital Partners

Representation of Antin Infrastructure Partners on its sale of Roadchef, the UK's third largest motorway service area operator, to a fund managed by Macquarie Asset Management

Representation of JPMorgan's Infrastructure Investments Fund (IIF) on its acquisition of GETEC, one of Europe's leading sustainable energy service companies for real estate and industrial customers, from EQT Infrastructure

Representation of Arjun Infrastructure Partners and Blackstone Infrastructure Partners on their acquisition of a portfolio of UK motorway service areas from M3 Capital Partners

Representation of PPF Group, on its sale of 30% shares of CETIN Group N.V., a leading wholesale provider of active and passive telecommunications infrastructure services in the Central and Eastern Europe region, to GIC, a sovereign wealth fund established by the Government of Singapore

Representation of CityFibre, the UK's largest independent full fibre platform, and its existing shareholders on its capital raise, which included new equity investments from Abu Dhabi's Mubadala Investment Company and Interogo Holdings

Representation of a consortium of institutional investors consisting of APG, PGGM, Alecta, Keva and AXA Infrastructure Equity on the acquisition of 50 percent. of the shares in Stockholm Exergi from Fortum. Stockholm Exergi is the largest district heating and cooling provider in the Nordics and is co-owned by the City of Stockholm

Representation of funds managed by Macquarie Asset Management on the sale of Ceské Radiokomunikace, a leading telecommunications, media and technology infrastructure and services provider in the Czech Republic, to Cordiant Digital Infrastructure

Representation of Arjun Infrastructure Partners on its acquisition of 49 percent of CI III Monegros Energy Holdco SLU, which owns 12 onshore wind farms with a total installed capacity of 487 MW located in Aragon, Spain, from Copenhagen Infrastructure Partners

Representation of Swissport on its financial restructuring by way of a debt-for-equity swap facilitated by a scheme of arrangement and pre-packaged sale out of administration. Swissport is the world's leading provider of airport ground services and air cargo handling

Representation of Antin Infrastructure Partners on its acquisition of Hippocrates Holdings, an Italian pharmacy group with a network of more than 120 pharmacies

Representation of JPMorgan's Infrastructure Investments Fund (IIF) on its acquisition of Adven, a leading supplier of clean energy solutions across the Nordics and Baltics, from AMP Capital and Infracapital

Representation of Ancala Partners on its acquisition of Hector Rail, the largest privately-owned rail freight operator in Scandinavia and one of the few running corridor traffic between Sweden and Germany, from EQT Infrastructure

Representation of Columbia Threadneedle Investments and Brittany Ferries on their acquisition of Condor Ferries, the only operator of freight and passenger ferry services between the Channel Islands and the UK / France, from funds managed by Macquarie Asset Management

Representation of Antin Infrastructure Partners, Brookfield Asset Management and Arcus Infrastructure Partners on the sale of Euroports, one of the largest port infrastructure companies in Europe, to a consortium led by Monaco Resources

Representation of Allianz Capital Partners on its co-investment in GasNet, the Czech Republic's largest gas distribution network business, as part of a consortium of investors led by Macquarie Asset Management

Representation of Antin Infrastructure Partners and Goldman Sachs' West Street Infrastructure Partners on their acquisition of CityFibre Infrastructure Holdings plc by way of a scheme of arrangement. CityFibre is the UK's largest alternative provider of wholesale fibre network infrastructure

Representation of Arjun Infrastructure Partners on its acquisition of a 75 percent stake in South Staffordshire plc from KKR, and the subsequent sell down of part of the stake to Mitsubishi. South Staffordshire plc consists of a regulated water only company, South Staffordshire Water plc, and a non-regulated water services business

Representation of First State Investments on its disposal of a minority stake in Anglian Water to Infinity Investments S.A., an entity wholly owned by ADIA. Anglian Water is a regulated water and sewerage company, which supplies water and water recycling services to more than six million customers in the UK

Representation of Ocelot Partners, a special purpose acquisition company established by Liontree Capital, on its acquisition of Ocean Outdoor, a UK outdoor advertising business, from Searchlight Capital Partners and on the subsequent bolt-on acquisition of Forrest Media, a Scottish based outdoor advertising business

Representation of IFM Investors on its acquisition of a 40 percent stake in Mersin International Port from the Akfen Group and on the associated shareholder arrangements between IFM, Akfen and PSA

Representation of Arjun Infrastructure Partners on its acquisition of a 45 percent stake in Appia Group Limited, which owns and operates the Welcome Break motorway services areas in the UK

Representation of JPMorgan's Infrastructure Investments Fund (IIF) on the consortium arrangements in connection with the acquisition of NorteGas Energía Distribución, a Spanish supplier of natural gas and liquefied propane gas

Representation of Infracapital and InfraVia on their acquisition of Gruppo Investimenti Portuali, an Italian container terminals business

Representation of Arcapita on the sale of Viridian, an all-Ireland integrated energy company, to I Squared Capital

Awards and Recognition

Infrastructure, Band 3, Chambers UK 2022