Charles Russell Speechlys were pleased to advise LD&A Redwood, the joint venture between Redwood Capital (USA) and LD&A Jupiter (Europe), on its merger to form Drake Star Partners.
Drake Star Partners brings together over 60 seasoned professionals, an average of 20 years of experience per Managing Partner and a track record of 274 transactions combined since 2004, 70% of which are cross-border. Drake Star Partners advises high-growth companies, offering a wide range of M&A advisory and corporate finance services. Its technology, media and communications sectors expertise and cross-border transactional experience, along with the technical know-how of bulge bracket investment banks, uniquely positions Drake Star Partners as a growth partner to its clients worldwide.
The merger comes at a time of heightened year-on-year momentum for Drake Star Partners, with 24 transactions completed to date in 2016, representing over $1 billion in transaction value. The firm has offices in New York, London, Paris, Munich, Los Angeles, Berlin, Amsterdam, Geneva and Tokyo.
The merger is subject to regulatory approval and other customary closing conditions.
Marc Deschamps, London-based Co-CEO at Drake Star Partners, commented, “It was a pleasure to work with Charles Russell Speechlys. Daniel and his colleagues showed great agility when dealing with this complex merger, covering corporate structures in over 4 countries. Thanks to them, we are in the best of positions to continue our strong momentum, offering unparalleled M&A advisory and corporate finance services to game-changing technology, media and communications companies worldwide”.
Daniel Rosenberg, Corporate Partner at Charles Russell Speechlys said, “Both sides of this merger are masters of cross-border M&A and, having known and worked with them for some time, we were delighted to have the opportunity to help them with their own US/European deal. We are very pleased to have brought them to this successful stage and look forward to working with this exciting force in tech M&A in the future”.
The Charles Russell Speechlys team included Daniel Rosenberg and David Hicks (Corporate) and Ashley-King Christopher (Corporate Tax).