Stephen has experience in a wide range of commercial and corporate finance transactions, including mergers and acquisitions, joint ventures, private equity transactions and equity issues. He frequently advises on cross-border as well as UK-based transactions and has also spent 18 months on secondment to Allen & Overy's Tokyo office.
Stephen has particular expertise in relation to:
mergers, acquisitions and joint ventures;
transactions involving financial institutions, including asset managers, insurance companies and banks;
transactions involving partnerships and LLPs; and
the corporate aspects of restructurings.
“Stephen Mathews is a specialist in transactions connected to LLPs and partnerships. A client states: "His memory for detail is phenomenal, and his knowledge of the workings of LLP structures seems to be encyclopaedic." (Chambers 2015)
Experience highlights include advising:
Japanese listed company Outsourcing Inc on a number of acquisitions in the UK including J.B.W Group, Liberata UK and Allen Lane Consulting.
Asahi Group Holdings on its EUR2.55bn acquisition of Peroni, Grolsch and Meantime from SABMiller.
The shareholders of aviation leasing manager Aldus Leasing Limited on its disposal.
TUI AG on its cross-border all-share merger with TUI Travel plc, which was implemented by way of a scheme of arrangement in the UK coupled with a capital increase by way of a contribution in kind in Germany (the first time such a structure has been used), following which TUI AG has become the first German company listed on the premium segment of the London Stock Exchange and the first German member of the FTSE 100.
Old Mutual Wealth on its GBP585m acquisition of the Quilter Cheviot Group.
BAE Systems on the reorganisation of its portfolio of interests in a number of industrial companies in the Kingdom of Saudi Arabia and an enhancement of its existing joint venture relationship with Riyadh Wings Aviation Academy LLC.
Stephen has advised on the corporate aspects of a number of major restructurings, including Stemcor (for the lenders), PHS Group (for the company) and Autobar Group (for the company).
Deutsche Bank on an investment in a real estate business.
Hermes GPE, as adviser to the BT pension fund, of an investment in Thames Water.
Mitsui & Co on a proposed acquisition and joint venture in relation to renewable power assets.
A leading investment bank on its investment in a financial services LLP.
BAE Systems on the USD187m disposal of its regional aircraft leasing and asset management business based in the UK, Jersey, Ireland and the U.S. to Falko, a private equity backed buyer.
The Bank of Tokyo-Mitsubishi UFJ on its acquisition of a portfolio of project finance loans and associated assets worth GBP3.3bn from RBS Group.
AECOM Technology Corporation on its USD324m multi-jurisdictional acquisition of Davis Langdon.
Thames River Capital and its shareholders on its GBP53.6m disposal to F&C Asset Management and the associated demerger of interests in Nevsky Capital.
The UK Managing Directors of a leading consultancy on its conversion into an LLP.
RSA on its GBP28m disposal of UK reinsurer British Engine to Enstar.
Societe Generale on the sale of interests in private equity limited partnerships.
RSA on the acquisition of the 50% of UK insurer InTouch it did not already own.
BAE Systems on the USD140m disposal of its intertial products division based in the UK, U.S. and Japan to J.F.Lehmann.
SMBC on its GBP500m investment in a global financial services group via a firm placing.
Mitsubishi Corporation on its investment in Intercity, the leading Turkish car leasing business.
CompuCredit Corporation on its acquisition of a GBP490m Monument credit card portfolio and related servicing assets from Barclaycard.
Alliance Unichem on its GBP7bn merger with its fellow FTSE 100 company Boots Group to form Alliance Boots.
The shareholders of BCA Holding on the GBP450m acquisition of British Car Auctions by Montagu Private Equity.
WPP Group on the interposition of a new holding company for the WPP Group via a scheme of arrangement and the GBP7.75bn re-listing of that new holding company.
Pfizer on the acquisition of an English drug-delivery company.
Deutsche Bank on its exit from its EUR1.5bn late stage private equity portfolio.
MA, Modern History, Worcester College, Oxford University, 1994
CPE, The College Of Law, London, 1995
LPC, The College Of Law, London, 1996
Contributor to "A Practitioner's Guide to the Financial Services Authority"
Listing Regime 2007/8, 2008/9 and 2009/10 editions