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
Education
Bachelor of Economics (BEcon)
University of Queensland
Bachelor of Laws (LLB)
University of Queensland
Languages
English

Experience

Her experience includes:

Representation of a consortium of long-term European 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 Macquarie European Infrastructure Fund II, Macquarie European Infrastructure Fund III and the Macquarie Mercer Infrastructure Trust 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 Gridserve and its founding shareholders on various funding rounds including, most recently, a significant investment by TPG's global impact investment platform, the Rise Fund. Gridserve develops, builds, owns and operates clean energy solutions for critical power infrastructure including the Gridserve Electric Highway, a UK-wide network of electric vehicle charging locations

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

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 Macquarie Infrastructure and Real Assets (MIRA)

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 Infrastructure and Real Assets (MIRA)

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 Blue Water Energy on its investment in Influit Production Solutions, an oilfield services company

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

Representation of Avast Software on its acquisitions of (i) AVG Technologies, a developer of business, mobile and PC device security software applications and (ii) Piriform Limited, a developer of PC optimisation software

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 2021