Alexander (Alex) Robb
Alex Robb is a partner in Ropes & Gray’s finance group in London. He has broad experience in both domestic and international financing, with a particular focus on leveraged finance, including bank/bond, unitranche, first lien/second lien and holdco PIK structures, together with workout and restructuring matters.
Alex has acted for numerous investment and commercial banks, private credit funds, private equity sponsors and publicly listed companies.
- Advised 3i Group plc on its c. £125 million investment alongside management for a majority stake in MPM, an international leader in branded, premium, natural pet food
- Advised Sound United LLC, a portfolio company of Charlesbank Capital Partners, on its acquisition of Bowers & Wilkins, a leading designer and manufacturer of luxury home audio speakers, headphones, custom installation products, wireless speakers, and branded audio systems in the automotive and television markets
- Advised Virgin Media and O2 on a £5.7 billion-equivalent, loan and bond senior secured financing package in connection with their proposed £31.4 billion joint venture combination
- Advised Baring Private Equity Asia on the financing arrangements in connection with its US$1 billion+ acquisition of Lumenis, the Israeli-headquartered global leader in the field of minimally-invasive clinical solutions for the aesthetic, surgical and ophthalmology specialties
- Advised Avista Capital Partners on the unitranche financing arrangements for its joint acquisition with VHC Investco of Vision Healthcare, one of Europe’s fastest-growing omni-channel and direct-to-consumer health care companies
- Advised UPC Holding on the US$3.6 billion-equivalent loan financing arrangements for its proposed public to private acquisition of Swiss telecoms group Sunrise Communications Group pursuant to an offer which represents a total enterprise value of 6.8 billion Swiss francs
- Advised Alcentra in connection with the second lien financing to support the acquisition by Ardian of Audiotonix
- Advised Liberty Latin America on the bank/bond financing package for its $1.95 billion acquisition of AT&T’s operations in Puerto Rico and the US Virgin Islands
- Advised Bain Capital Credit and Intermediate Capital Group as lenders on the financing in connection with Ardian’s acquisition of Study Group
- Advised TSG Consumer Partners on the refinancing of Revolution Beauty
- Advised Partners Group in connection on various leveraged finance investments including as a second lien lender in connection with Nordic Capital’s acquisition of Alloheim
- Advised MV Credit on second lien financings to support dividend recaps for Sunrise Medical and The Binding Site, and to support Itiviti’s refinancing and the acquisition of Ullink
- Advised Intermediate Capital Group on its:
- holdco PIK loan financing in connection with a US$5.3 billion consortium buyout of certain stakes in Visma, Europe’s largest ever software buyout
- holdco PIK loan financing in connection with a £1.3 billion acquisition of IRIS, a leading provider of business-critical software and services
- investment in Blackrock Programme Management (Blackrock PM), a UK-headquartered professional services firm
- Advised All3Media on a €405m first lien syndicated term loan B and £75m privately placed second lien refinancing
- Advised Virgin Media on a £300 million offering of Receivables Financing Notes due 2023
- Advised Bain Capitalon the financing package for its purchase of a controlling stake in MKM
- Advised Liberty Global plc in connection with:
- numerous term loan B refinancings in an aggregate equivalent amount in excess of £30,000,000,000 for the Telenet, UPC, Unitymedia, Virgin Media and Ziggo groups
- the financing aspects of its $21 billion disposal to Vodafone of its German business and certain eastern European businesses
- its €3.95 billion equivalent dual currency loan financing package in relation to its public takeover of Dutch listed cable company Ziggo N.V.
- the financing arrangements for its £3.5 billion public takeover of Cable & Wireless Communications plc.
- £420 million of first and second lien facilities for the acquisition of All3Media as part of a joint venture with Discovery Communications, Inc.
- an offer to exchange EUR 1.475 billion of UPC loans for loans to a combined Dutch telecoms credit pool consisting of the UPC Nederland and Ziggo businesses
- Advised Altice VII S.à r.L. on:
- a US$1.034 billion covenant lite term loan, a €250 million bond issuance and €125 million in other bank financing in relation to the acquisition of Groupe Outremer Telecom S.A.
- a US$425 million holdco PIK facility in connection with its acquisition of Tricom S.A. and Global Interlink Ltd
- Acting for Brighthouse Group plc in connection with a super senior revolving credit facility to support its senior secured notes offering
- Advised Hellman & Friedman in connection with the refinancing and dividend recapitalization of a portfolio company by way of unitranche facility
- Advised Welsh Carson in connection with a £175,000,000 unitranche facility and £20,000,000 revolving credit facility in connection with a bid
- Advised Goldman Sachs in connection with a funded EUR 200 million senior bridge facility agreement and acting for Nordea Bank in connection with a NOK 500 million bilateral facility, in each case, for Nordic Capital’s portfolio company, Lindorff
- Advised NeoGenomics Inc. in a strategic collaboration with Inivata for the commercialization of Cambridge, UK-headquartered Inivata’s InVisionFirst-Lung liquid biopsy test in the United States
- Acting for PG Impact Investments in relation to its senior and mezzanine financing to Tugende, a Ugandan based provider of lease-to-own financing to the financially excluded
Notable transactions in which Alex has been involved prior to joining the firm include:
- Acting for the restructuring committee of a holding company of Bulgarian Telecommunications in connection with its scheme of arrangement in relation to €1.6 billion of facilities
- Acting for the cross-over creditors in connection with the restructuring of the Primacom Group by way of share pledge enforcement in 2010 and by way of scheme of arrangement in 2012
- Acting for Ontario Teachers’ Pension Plan in connection with its acquisition of MAp’s joint venture interests in Brussels and Copenhagen airports and also the refinancing of Bristol Airport
- Acting for Marston’s plc in connection with certain forward start facilities and refinancings
- Acting for Howden Joinery Group plc in connection with the amendment and extension of its asset backed credit facilities
- Acting for a fund in relation to a US$350 million margin loan from an investment bank secured against privately held shares
- Co-author, “United Kingdom,” Legal 500 Comparative Guide: Private Equity (2nd Edition) (2020)
- Profiled, “40 Under 40: The Rising Stars in Private Equity,” Legal Week (October 23, 2019)
- Quoted, “(EUR) 2019 Mid-market Outlook: Tempering confidence with caution,” LCD News (December 12, 2018)
- Quoted, “Sponsors’ power to cash dividend from day one hits 51% of the market - Primary Loan Review,” Debtwire (October 26, 2018)
DisclaimerRopes & Gray International LLP is a limited liability partnership registered in Delaware, United States of America and is a recognised body regulated by the Solicitors Regulation Authority (with registered number 521000).
- Bachelor of Commerce, University of Auckland, 2005
- Bachelor of Laws, Honours, University of Auckland, 2005