Linklaters advises Tinicum and Blackstone on their recommended £1.275bn offer for Senior plc

Linklaters advises a consortium of investment funds advised by affiliates of Tinicum Incorporated and Blackstone Inc. on its £1.275 billion recommended offer for Senior plc.

Senior plc is a FTSE 250 listed, international engineering solutions provider, designing and manufacturing high technology components and systems for the aerospace, defence, land vehicle and power & energy markets.

The recommended offer is a high profile UK public to private transaction in the defence and aerospace sector, reflecting continued sponsor interest in UK listed businesses with strong underlying fundamentals and long term growth potential. The transaction remains subject to the satisfaction of various conditions, including shareholder approval and regulatory clearances.

The cross practice Linklaters team advising the consortium was led by partners Alex Lehtinen (Private Capital M&A) and Iain Fenn (Corporate/M&A), supported by a core team including Antitrust & Foreign Investment partner Anna Mitchell and Counsel Aoife Monaghan, Employment & Incentives partner Bradley Richardson and Managing Associate Jessica Dougan (Private Capital M&A).

Alex Lehtinen commented: 

“We are pleased to advise Tinicum and Blackstone on this significant UK P2P, demonstrating our continued focus on complex and high profile sponsor led M&A.”

Linklaters has one of the leading UK public M&A practices, advising sponsors and corporates on many of the most significant take private transactions in the UK market.