Kirkland Advises Consortium of CVC Private Equity Funds, Nordic Capital and ADIA on £5.4 Billion Recommended Cash Acquisition of Hargreaves Lansdown

Kirkland & Ellis is advising Harp Bidco Limited, a bidco to be financed by the consortium of CVC Private Equity Funds, Nordic Capital and Platinum Ivy (a wholly owned subsidiary of ADIA, managed by ADIA PED) on its recommended cash acquisition of the entire issued, and to be issued, ordinary share capital of Hargreaves Lansdown. The cash offer values Hargreaves Lansdown’s entire issued, and to be issued, ordinary share capital at approximately £5.4 billion on a fully diluted basis.

Read the London Stock Exchange Announcement

The Kirkland team is led by corporate partners Keir MacLennan, Dipak Bhundia, David Higgins, Chris Connolly and Victoria Legg; debt finance partners Christopher Shield, Leon Daoud and Ben Burton; financial services regulatory partner Prem Mohan; antitrust & competition partners Thomas Wilson and Athina Van Melkebeke; tax partners Peter Abbott and Siv Devakumar; technology & IP transactions partner Max Harris; investment funds partners Anand Damodaran, Amy Fox and AJ Eriksson; and capital markets partner Lisa Zhang.