Clifford Chance

Clifford Chance wins Corporate Finance Team of the Year Award

Leading international law firm Clifford Chance has won the Corporate Finance Team of the Year title at The Lawyer Awards 2013.

The award was in recognition of the firm's work on the parallel acquisitions by private equity firm Cinven of Mercury Pharma and Amdipharm to form AMco Group, a global business selling pharmaceuticals to over 80 countries with an enterprise value of £830 million. Together, the deals represented one of the largest UK buyouts in 2012.

The deals were significantly complex due to the fact that they had to be conducted in parallel rather than sequentially, with the acquisition of Amdipharm conditional on first signing the deal to acquire Mercury Pharma. Clifford Chance advised on all aspects of both deals – M&A execution, management equity, debt financing, debt refinancing and equity syndication as well as a full service on due diligence including tax, real estate, employment, pensions, IP and litigation issues which informed transaction terms.

Cinven client relationship partner, Jonny Myers said: "We are particularly pleased that we have been recognised by the industry for our work on these acquisitions which were extremely complex and had to be completed in a tight timeframe. In the current market, it is critical for clients to move quickly to secure strategically important M&A opportunities."