Steven Hannah

Mr. Hannah principally focuses on advising European and global financial sponsors on leveraged buyouts, disposals and consortium/minority equity investments that have a range of transaction values and involve various sectors, including extensive experience in transactions in infrastructure, software and technology, and business services. His work also involves counseling portfolio companies of financial sponsors on bolt-on transactions, restructurings, recapitalisations, management incentive schemes, senior executive hires and dismissals, and other strategic and general corporate matters. In recognition of his work, Mr. Hannah has been named one of International Tax Review’s Rising Stars in Private Equity and one of Law.com International’s Private Equity Rising Stars.

Mr. Hannah’s recent representations include advising:

• Castik Capital on:
  • its acquisition of Andra Tech Group B.V.
  • portfolio company Reward Gateway’s €1.3 billion sale (alongside Abry Partners) to Edenred SA
  • the merger of its portfolio company Waterlogic Holdings Limited with Culligan International Co. Mr. Hannah previously advised on the sale of a majority stake in Waterlogic to Castik’s new single asset fund, EPIC I-b, and the sale of a significant minority stake in the company to four institutional investors
  • its acquisition of TBAuctions BV
  • its acquisition of Element Logic
  • its acquisition of Customs Support Group B.V
  • its joint acquisition (alongside Abry Partners) of Xexec and Reward Gateway
  • its sale of approximately 25% of Waterlogic Holdings Limited to British Columbia Investment Management Corporation
  • its acquisition of two IP management services and software companies, ipan Group and Delegate, and their subsequent merger with CPA Global, a portfolio company of Leonard Green Partners and Partners Group, and subsequent $6.8 billion all-stock combination with Clarivate plc
  • its acquisition of AddSecure
• I Squared Capital on:
  • its acquisition of Arriva Group
  • its acquisition of Enva
  • the establishment of its Cube Green Energy platform, which acquires operational onshore wind assets
  • the establishment of its Cube Cold platform
  • its $3.1 billion acquisition of Aggreko plc (alongside TDR Capital)
• H.I.G. Capital on:
  • its $390 million take-private acquisition of DX (Group) plc
  • its acquisition of the plumbing and heating division of Travis Perkins plc
• Hg:
  • on the sale of a co-controlling stake in IRIS Software Group Ltd to Leonard Green & Partners at an enterprise value of $4 billion (£3.15 billion)
  • in connection with its latest investment in Visma
  • in connection with its acquisition of Riskalyze, Inc.
  • on its acquisition of Trackunit A/S
  • on its sale of Sovos Compliance to a consortium headed by Hg’s Saturn 2 Fund and TA Associates
  • on its Saturn 3 Fund’s investment in Visma AS
  • on its investments in Litera Microsystems, Workshare and Allocate
  • on its acquisition of CaseWare International
  • on its acquisition of Prophix
• Luxor Capital Group, LP on its acquisition of the business and assets of Volta Trucks AB as part of Volta’s bankruptcy case
• Aptean, Inc., an enterprise software company owned by TA Associates Management, LP, Vista Equity Partners Management, LLC and Charlesbank Capital Partners, LLC, on the acquisitions of Drink-IT, Merlin Business Software Limited, Affinitus Group Limited and 3T
• Montagu Private Equity and the other shareholders of Equatex on their €354 million disposal to Computershare
• TBAuctions BV, a portfolio company of Castik Capital, on its acquisitions of Klaravik, Medical Auctions, Auksjonen, PS Auction and Surplex
• Waterlogic on its sales of Billi Australia, Billi New Zealand and Billi U.K. to a subsidiary of Strix Group Plc
• AddSecure, a portfolio company of Castik Capital, on its acquisition of Connexas Group Limited
• Prophix, a portfolio company of Hg, on its acquisition of Sigma Conso from Fortino Capital
• Litera, a portfolio company of Hg, on its acquisition of DocsCorp
• Transaction Services Group (TSG) on Calera Capital’s sale of a majority stake in TSG to Advent International Corporation
• Sovos Compliance, a portfolio company of Hg, on its acquisitions of Foriba AS, TrustWeaver AB, Paperless and Acepta.com
• CogitalGroup, an Hg portfolio company (now Azets), on its acquisition of Wilkins Kennedy
• Open International, a Montagu portfolio company, on its acquisition of Transactor Global Solutions