Brookfield Infrastructure’s £4 Billion Recommended offer for HomeServe plc

Linklaters and McCarthy Tétrault advised Brookfield Infrastructure on the deal. Slaughter and May has advised HomeServe plc.

Brookfield Infrastructure made a £4.08 billion recommended offer for HomeServe plc, the home repairs and emergency services group with businesses across the UK, US, Europe and Asia.

The deal is one of the largest offers for of a London-listed group this year. The transaction is subject to shareholder and regulatory approvals.

HomeServe is a British multinational home emergency repairs and improvements business based in Walsall, England. 

Brookfield Asset Management is a Canadian alternative asset management company focusing on real estate, renewable power, infrastructure and private equity. 

The cross-practice Linklaters team was led by financial sponsor partners Jessamy Gallagher (Picture) and Chris Boycott, alongside John Tsui, Matthew O’Connor and William Bibby, managing associates. Leveraged finance partners, Edward Aldred and Thomas Waller led the financing of the transaction alongside associate Marie De Vreese. Natura Gracia and Mark Daniel led on the anti-trust and foreign investment aspects of the transaction. The team also included Cara Hegarty, Rachel Morgan and  Stephanie Creese (employment and incentives), Jean Price (financial regulation) and John Sheppard (pensions).

Slaughter and May’s team included Roland Turnill, Partner, Robert Innes, Partner, James Cook, Partner, Usman Sawar, Associate, Sarahanne Jackson, Associate, Monique Dhiri, Associate, Anika Sethy, Associate, Fathima Muinudeen, Trainee, Hayley Blair, Trainee, Charlie Channer, Trainee, Ivo Trice, Trainee, Jonathan Slade, Partner, Tina Zhuo, Senior Counsel, Victoria Turner, Associate, Phil Linnard, Partner, Philippa O’Malley, Associate, Chloe Sanderson, Associate, Chris Sharpe, Partner, Rachel Hunter, Associate, Jan Putnis, Partner, Ben Goldstein, Associate, Mike Lane, Partner, Jamshed Bilimoria, Associate and Michelle Blake, Associate. Slaughter and May worked closely with the in-house legal and company secretarial team at HomeServe, led by Emma Thomas (Group General Counsel) and Anna Maughan (Company Secretary).  

The McCarthy Tétrault team comprised of Jonathan See, Jake Irwin, Hailey Schenker, Zachary Masoud, Ian Mak (Business), Raj Juneja, Patrick McCay (Tax), and William Lee (Financial Services).

Involved fees earner: Edward Aldred – Linklaters; Chris Boycott – Linklaters; Mark Daniel – Linklaters; Marie De Vreese – Linklaters; Jessamy Gallagher – Linklaters; Natura Gracia – Linklaters; Cara Hegarty – Linklaters; Rachel Morgan – Linklaters; Matthew O’Connor – Linklaters; Jean Price – Linklaters; John Sheppard – Linklaters; John Tsui – Linklaters; Thomas Waller – Linklaters; Jake Irwin – McCarthy Tétrault; Raj Juneja – McCarthy Tétrault; William Lee – McCarthy Tétrault; Ian Mak – McCarthy Tétrault; Zachary Masoud – McCarthy Tétrault; Patrick McCay – McCarthy Tétrault; Hailey Schenker – McCarthy Tétrault; Jonathan See – McCarthy Tétrault; Jamshed Bilimoria – Slaughter and May; Michelle Blake – Slaughter and May; James Cook – Slaughter and May; Monique Dhiri – Slaughter and May; Ben Goldstein – Slaughter and May; Rachel Hunter – Slaughter and May; Robert Innes – Slaughter and May; Sarahanne Jackson – Slaughter and May; Mike Lane – Slaughter and May; Phil Linnard – Slaughter and May; Philippa O’Malley – Slaughter and May; Jan Putnis – Slaughter and May; Chloe Sanderson – Slaughter and May; Usman Sawar – Slaughter and May; Anika Sethy – Slaughter and May; Chris Sharpe – Slaughter and May; Jonathan Slade – Slaughter and May; Victoria Turner – Slaughter and May; Roland Turnill – Slaughter and May; Tina Zhuo – Slaughter and May;

Law Firms: Linklaters; McCarthy Tétrault; Slaughter and May;

Clients: Brookfield Infrastructure Partners LP; HomeServe plc;

Giulia Di Palma

Author: Giulia Di Palma