Richard Jones

Partner, London

Biography

“Richard Jones is second to none.”
Legal 500

Overview

Richard is a partner in our global M&A and Corporate practice based in London, focusing on Private Equity. Richard advises private equity houses, infrastructure funds and their investee companies on a range of complex acquisitions, disposals, restructurings and portfolio assistance. He is the head of our London Private Equity team.

Bars and Courts
England and Wales, Solicitor
Education
PGDL and LPC
Nottingham Law School
BA (Hons)
University of Oxford
Languages
English

Experience

Richard's experience includes representing:

Providence Equity Partners on its;

  • sale of a 50% stake in Globeducate, a primary and secondary education provider with a network of 65 international schools across 11 countries, to Wendel for an enterprise value of c. €2 billion;
  • sale of Superstruct Entertainment to KKR for €1.3 billion; and
  • acquisition of d&b audiotechnik from Ardian.

The shareholders of the Khoemacau mine in Botswana on its US$1.8bn sale to MMG Limited.

Oaktree Capital Management on a number of transactions, including its:

  • sale of a controlling stake in Italian speciality bank, Banca Progetto S.p.A. (Banca Progetto), to funds managed by Centerbridge Partners, L.P.
  • acquisition of the OEG Group;
  • acquisition of atomos, the UK private wealth management and investment businesses, from Sanlam;
  • private credit joint venture with Lloyds Bank;
  • acquisition of Amicala, a senior living operator;
  • equity financing for the acquisition of High Tech Campus Eindhoven, a Dutch science park;
  • disposal of MWH Treatment, the UK's leading water engineering and construction management company, to RSK;
  • disposal of Kadans Science Partner to AXA IM-Real Assets;
  • disposal of the SACO property portfolio to Brookfield;
  • disposal of Zodiac Milpro, a Paris-based manufacturer of technical rigid-inflatable boats, to Argos Wityu; and
  • establishment of Balance Out Living and Silbury Speciality Finance.

EIG on a number of transactions, including:

  • its debt and equity financing of the US$3 billion acquisition by Chrysaor Holdings Limited from Shell of a diversified portfolio of oil and natural gas assets in the North Sea;
  • its acquisition of the West Burton Power Station in the UK from EDF and its subsequent sale to TotalEnergies for £450 million; and
  • MidOcean Energy (a newly formed company sponsored by EIG) in a consortium with Brookfield Asset Management to acquire Origin Energy Limited (ASX:ORG) for US$10bn by way of scheme of arrangement.

Bluewater, the global energy investment firm, on a number of transactions, including its:

  • acquisition from Carlyle (and others) of Authentix, a leading global authentication and information services company;
  • acquisition of Severn Glocon Group, a global manufacturer and supplier of control valves for the oil & gas industry;
  • acquisition from Sandvik of Varel International Energy Services, a global manufacturer and supplier of drill bits for the oil & gas industry;
  • acquisition of Revak Keene Turbomachinery and establishment of the Fox Innovation & Technologies platform;
  • acquisition, through portfolio company Kent, of the oil & gas resources business of SNC-Lavalin;
  • acquisition, through portfolio company Authentix, of Royal Joh. Enschede BV, a specialty printing and security solutions provider;
  • acquisition, through portfolio company Severn, of ValvTechnologies, a designer and manufacturer of severe service isolation solutions; and
  • acquisition, through portfolio company Pipeline Technique, of Stanley Oil & Gas from Stanley Black & Decker, Inc.

Lanes Group Limited, one of the UK's leading providers of water and wastewater services, and its shareholders on its acquisition by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock.

Kohler Co. on the multi-jurisdictional carve-out and sale of its energy business to Platinum Equity and its continued investment in its energy business in partnership with Platinum Equity.

Eni S.p.A. on its agreement to acquire Neptune Energy Group Limited, a leading independent exploration and production company with a portfolio of gas-oriented assets and operations in Western Europe, North Africa, Indonesia and Australia, for a total value of €4.9 billion.

Sport Alliance Gmbh, a portfolio company of PSG Equity LLP, on its acquisition of Perfect Gym S.A., a global software provider specialising in management solutions for fitness and leisure businesses headquartered in Warsaw, Poland.

Investcorp on the sale of Georg Jensen to Fiskars Group.

Prax Group on its acquisitions of:

  • a 37.5% stake in PCK Raffinerie GmbH, one of Germany's largest refineries, from Shell Deutschland; and
  • OIL! Tankstellen GmbH, a petrol retailer with subsidiaries and operations in Germany, Switzerland, Austria and Denmark, from Mabanaft GmbH & Co. KG.

Three Hills Capital Partners on its investment in Kernel Ltd, a global recruitment business.

Ara Partners on its acquisition of Petainer, a UK-based, global producer of sustainability-focused beverage packaging solutions.

Avia Solutions Group, the global aerospace group, on its US$300m preferred equity investment from Certares Management LLC.

Energean Oil & Gas on:

  • its agreement to sell certain UK and Norwegian oil & gas assets to Neptune Energy for US$250 million, with further contingent consideration of up to US$30 million; and
  • the US$50 million investment by Kerogen Capital in Energean Israel Limited and its $330m subsequent acquisition of the same interest.

HgCapital on its investment in Mitratech, a leading global provider of legal, risk and compliance software, alongside TA Associates and the management team at Mitratech.

Nets/Nexi on a number of transactions, including its:

  • €405 million acquisition of Centrum Rozliczeń Elektronicznych Polskie ePłatności S.A. (PEP), a leading Polish merchant acquirer;
  • €73 million acquisition of Dotpay, a Polish online payment service provider;
  • establishment of a strategic alliance with Przelewy24, a Polish online payment service provider;
  • acquisition of the Finnish software developer Poplatek and payment terminal service provider Poplapay;
  • acquisition of Finnish payments firm, Checkout Ltd;
  • acquisition of CVV Switzerland, a Swiss payment terminal provider;
  • acquisition of a 30% interest in Computop Paygate GmbH;
  • acquisition of the acquiring assets of paytec GmbH; and
  • acquisition of orderbird AG, a provider of cloud-based point of sale (POS) systems for independent restaurateurs and SMBs in Europe.

North Sea Midstream Partners, an investee company of JP Morgan Infrastructure and Wren House Infrastructure, on its acquisition of the Risavka liquefaction plant in Norway.

Rhône Capital LLC on its two investments of US$200 million each in Vista Global, the global private aviation group.

Smiths Group plc on its US$2.3 billion agreement to sell its medical devices business to TA Associates and then to ICU Medical under a superior US$2.7bn offer.

Summit Partners on its investment in Advance Medical, a global provider of telehealth services, and the subsequent US$340 million sale of Advance Medical to Teladoc, Inc., a NYSE-listed telehealth provider.

Awards and Recognition

"Practice head Richard Jones is particularly noted for his capabilities across energy, real estate, and financial services, with recent engagements including multijurisdictional acquisitions in the renewables space."
Legal 500 UK Private Equity High-Value Deals 2024