Marcus Booth

Partner, Dubai, London

Biography

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

Overview

Marcus Booth is a partner in the Firm's private equity group based in Dubai and London.

Marcus leads the Firm's private equity practice in the Middle East and North Africa, advising private equity, sovereign wealth fund, alternative capital provider (ACPs) and corporate clients on all forms of M&A, alternative capital transactions, portfolio assistance and restructuring advice.

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

Representative transactions include advising:

PT Rajawali Corporation its offer to acquire AIM-listed Archipelago Resources PLC, a UK incorporated entity listed on AIM. Archipelago's principal activities are gold mining and exploration in Indonesia.

The Al Blehed family in relation to the sale of Ma'arif Holding Company for Education and Training (the largest owner and operator of private schools in Saudi Arabia) to GEMS Education and Hassana Investment Company. This is one of the biggest deals in the education sector in Saudi Arabia to date.

GSO Capital Partners LP on their debt and minority equity investment to support iAero Group in a highly complex transaction aimed at creating a pan-American aviation business, including the acquisitions of AeroThrust Holdings, LLC and Miami Tech Aircraft Maintenance Inc..

Goldman Sachs International in its primary and secondary purchase of minority of shares in Modanisa Elektronik Mağazacılık ve Ticaret A.Ş from a number of individual and corporate sellers. The target is an online retailer operating in the e-commerce space that sells modern conservative clothing and accessories for Muslim women.

A15, a leading tech investment fund, on its sale of a 76 percent stake in its United Arab Emirates-based fintech company TPAY Mobile FZ-LLC (TPAY) to Africa's leading private investment firm Helios Investment Partners.

Goldman Sachs and Blackstone Tactical Opportunities on their investment in Prima Assicurazioni.

The coordinating committee of senior lenders holding over $10 billion of indebtedness in restructuring of the world's largest offshore oil drilling company.

Goldman Sachs on the €108.5 million acquisition by Goldman Sachs and Cromwell Property Group of a portfolio of 24 office properties and three plots in the Helsinki Metropolitan Area from IVG Polar Oy.

Goldman Sachs Private Capital Investments on its investment in OutSystems, the global leader in low-code rapid application development.

GSO Capital Partners LP on the £665 million sale of Miller Homes, one of the UK's largest housebuilders, to Bridgepoint.

Johnson Matthey on the sale of its UK automotive battery systems business, a subsidiary that specializes in high-voltage automotive grade battery systems for electric and hybrid vehicles, to Cummins Inc.

ETF Securities Limited on the equity, US and debt financing aspects of the US$611 million sale of its European exchange-traded commodity, currency and short-and-leveraged business to WisdomTree Investments, Inc.

The coordinated committee of agent banks on a comprehensive restructuring plan, to be implemented by way of pre-arranged US Chapter 11 cases, entered into by Seadrill Ltd with its secured bank lenders, certain of its bondholders and a consortium of investors led by Hemen Holding Ltd and Centerbridge Credit Partners.

Anchorage Capital Group on a joint offer (alongside M&G Investment Management) for all of the equity and stapled debt in the PHS Group, a leading provider of workplace services in the UK.

Anchorage Capital Group on its acquisition of a portfolio of assets in Sweden, Iceland and Finland by funds controlled by Anchorage Capital Europe from ALMC, hf.

Oak Hill Advisors (Europe) LLP in connection with a subscription for shares by Growthpoint Properties Limited and/or accounts managed by Oak Hill Advisors and its affiliates raising proceeds of €200 million before expenses.

Mayhoola for investments on its acquisition of a 30.7 percent stake in a leading Turkish retailer, Boyner Perkende for 885 million lira.

CVC Capital Partners in leading a consortium including Temasek Holdings and Vatera Healthcare Partners in their acquisition of a controlling stake in Alvogen, a leading generic pharmaceuticals company.

GSO Capital Partners LP in connection with its debt and equity financing for the management buyout of the XLN Telecom group from ECI Partners LLP.

Avast Software on the sale of a significant minority stake to CVC Capital Partners.

York Capital Management as co-investor with Invel Real Estate Partners on the acquisition of a 66% stake in NBG Pangaea Real Estate Investment Company from the National Bank of Greece for c. €653 million.

Basalt Infrastructure Partners LP on its acquisition of 100 per cent of the ownership interest in COMAX France S.A.S from Maxim Power Corp.

RWE AG on the c. €1.6 billion sale of NET4GAS, s.r.o.

Publications

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

Awards and Recognition

Emerging Leaders Awards winner, M&A Advisor, 2015