James Campisi

Simpson Thacher is representing affiliates of Blackstone in connection with their recommended offer to acquire the entire issued and to be issued share capital of Industrials REIT Limited (“Industrials”) at 168 pence per share. The offer values Industrials’ share capital at £512 million on a fully diluted basis. The transaction is expected to be implemented by way of scheme of arrangement, subject to the approval of Industrials shareholders and satisfaction of relevant conditions.~~Industrials is a UK REIT investing in multi-let industrial properties with the strategic goal of becoming the leading MLI business in the UK. Established in 2012 and headquartered in London, Industrials has a primary listing on the Premium Segment of the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.~~The Simpson Thacher team includes Ben Spiers, James Campisi, Jewel Zhu and Fran Towers (Corporate); Wheatly MacNamara, Tom Lloyd, Kimberley Chikitch, Claire Newman, Barbora Cechova and Samer Ashur (Real Estate); and Étienne Renaudeau, Josh Buckland, Sandeep Mahandru and Lina Kim (Antitrust).

Mar 5

1 min

Simpson Thacher is advising funds affiliated with Blackstone Infrastructure Partners in connection with the voluntary tender offer aimed at acquiring all of the outstanding ordinary shares of Atlantia S.p.A for consideration equal to €23 for each share tendered. The offer is made through Schemaquarantatrè S.p.A., a joint stock company comprised of Sintonia, which is owned by Edizione S.p.A., and funds affiliated with Blackstone Infrastructure Partners.~~The Simpson Thacher team includes Geoff Bailhache, James Campisi, Paul Foote, Tory Hansen and John Nalen (Corporate); Claire Williams, Gert Raig, Kavita Davis, Ashley Bannister and Tom Lort (Finance); Nick Shaw and William Taylor (Capital Markets); Étienne Renaudeau, Ross Ferguson and Silvia Bonomelli (Antitrust); Owen Lysak (Regulatory); and Yash Rupal and Caleb McConnell (Tax).

Apr 14

1 min

Simpson Thacher is representing KKR in connection with its disposal of a majority stake in A-Gas to TPG Rise Climate. KKR will remain a significant minority shareholder in the business, continuing to work in collaboration with TPG Rise Climate and the A-Gas Leadership Team. The transaction is subject to customary closing conditions and is expected to complete by the end of 2023.~~A-Gas is the global leader in the supply and lifecycle management of refrigerant gases, with a long history of being at the forefront of refrigerant gas recovery and reclamation.  Since KKR’s acquisition, which was made through KKR European Fund IV in 2017, A-Gas has grown revenue by 14% and EBITDA by 18% on average annually.~~The Simpson Thacher team includes Mark Pflug, Clare Gaskell, James Campisi, Sean Macdonald and Sam Moon (Corporate); Étienne Renaudeau, Henry Llewellyn, Susanna Breslin and Michael Tagliavini (Antitrust); Shahpur Kabraji and Kwasi Mills-Bampoe (Credit); and Sarah Lindley, William Smolinski, Meredith Jones and Phoebe Adams (Tax).

Aug 17

1 min

Simpson Thacher is representing funds managed by Blackstone Tactical Opportunities in their announced £140 million pending strategic investment in Currencies Direct. The investment will be made in partnership with Currencies Direct’s management team, led by Keith Hatton, and Palamon Capital Partners and Corsair, which will retain their majority co-controlling stake in Currencies Direct.~~Currencies Direct is a leading global provider of digital foreign exchange and international payment services to private clients and small and medium sized enterprises (SMEs).~~The Simpson Thacher team includes Geoffrey Bailhache, James Campisi and Jason Yue (Corporate); Owen Lysak, Adam Robins, Etienne Renaudeau and Henry Llewellyn (Regulatory); Yash Rupal and Ellie Verran (Tax); and Ashley Bannister (Finance).

Aug 3

1 min

Simpson Thacher is representing funds advised by Apax Partners (“Apax”) in connection with their agreement to sell their interest in idealista, the leading online real estate platform in Spain, Italy and Portugal, to Cinven. The overall transaction value is €2.9 billion. The transaction remains subject to regulatory approvals.~~Apax originally acquired Idealista in 2015 and subsequently sold a majority stake to the EQT IX fund in 2020. The Simpson Thacher team includes James Howe, James Campisi and Andrew Cho (M&A).

Jun 28

1 min