CMS has acted for Lloyds Banking Group as lender to RSM Tenon Group Plc, a leading accounting and advisory business, in relation to its acquisition by rival Baker Tilly through administration. CMS also advised the administrators, Matt Smith, Nick Edwards and Clare Boardman of Deloitte.

Following completion of the sale, which is subject to certain approvals, Baker Tilly will take on all of Tenon’s 2,300 staff, including its management team. The trading entities of the RSM Tenon group have not entered insolvency proceedings and will continue to operate as usual. 

Perth: Leading international law firm Clifford Chance has advised City Farmers on the A$93 million investment by Quadrant Private Equity for a majority stake in the company's pet retail chain in Australia.

City Farmers is a leading specialty retailer of pet food, supplies and products with a current portfolio of 31 large format stores. The store network is primarily in Perth with an emerging presence in Brisbane and Melbourne.

Monitronics International, Inc., a wholly-owned subsidiary of Ascent Capital Group, Inc., acquired all of the equity interests of Security Networks, LLC from certain funds affiliated with Oak Hill Capital Partners and certain other holders.  Paul, Weiss represented Oak Hill in the transaction, which was signed and announced on July 10, 2013.

The purchase price consisted of $482.9 million (after giving effect to certain closing adjustments) plus 253,333 newly issued shares of Ascent Series A common stock (which has an agreed to value of $20 million).

Skadden advised Synagro Technologies, Inc. in its acquisition by EQT Infrastructure II, announced on August 22. The deal completes Synagro's refinancing under a comprehensive reorganization plan that was approved with the full support of Synagro’s creditors via the Chapter 11 process. Working with its creditors and backed by EQT Infrastructure II, Synagro has completely restructured its balance sheet, including an approximate $200 million reduction in outstanding debt.

Allen & Overy has advised Rexam Plc, one of the leading groups in the packaging of consumer products (annual turnover of GBP 4.9 billion) on the sale of its "personal

Linklaters has advised Lloyds Banking Group plc on its disposal of Heidelberger Lebensversicherung AG. Purchaser is a consortium of Cinven Partners LLP and Hannover Rück SE. The purchase price was around 300 million euros. Subject to approval by the regulatory authorities, the transaction is expected to be finalised in early 2014.

Paul Hastings LLP, a leading global law firm, announced today that the firm is representing online payments services firm Skrill Group in the U.S. regulatory aspects of its acquisition by private equity group CVC Capital Partners for € 600 million (approximately $800 million).

Bahrain-based Investcorp sold a 75 percent stake in Skrill Group and will retain the remaining 25 percent. 

Davis Polk is advising Edwards Group Limited on its acquisition by Sweden-based Atlas Copco AB. The transaction is valued at up to approximately $1.6 billion, including the assumption of debt, made up of an initial cash payment of $9.25 per share at time of closing and an additional payment of up to $1.25 in cash, payable following finalization of the group’s 2013 financials, with the amount depending on the company’s 2013 revenue and achievement of certain adjusted EBITDA targets.

The Liverpool office of international law firm, Hill Dickinson, has advised on the sale of Bibby Consulting & Support Limited, a subsidiary of Bibby Line Group, to Citation Limited.

Wilmslow-based Citation Ltd, a leading advisor on employment law and health and safety regulations which is backed by private equity firm ECI Partners, has acquired Bibby Consulting & Support Ltd for an undisclosed sum. Jonathan Brown, Craig Scott and Michael Murphy from Hill Dickinson’s Liverpool corporate team advised Bibby Line Group on the sale.

Pinsent Masons’ corporate team and Baker Tilly's corporate finance and tax teams have advised personal injury law firm, Fentons Solicitors LLP, in relation to the £32.5m sale of its business to the Australian listed firm Slater & Gordon.