Hogan Lovells advises Smart Metering Systems on its £1.3 billion takeover offer by KKR
London, 26 March 2024 - Global law firm Hogan Lovells has advised UK-listed energy infrastructure company Smart Metering Systems plc (SMS) on a recommended £1.3 billion takeover offer by private equity firm KKR. The takeover offer was declared unconditional on 22 March 2024.
Daniel Simons, Hogan Lovells partner on the transaction, said: “It has been a pleasure to guide the fantastic SMS team through this complex and significant transaction which demonstrates Hogan Lovells’ ability to deliver for our clients at the very top of the M&A market.”
Craig McGinn, General Counsel at SMS, commented: “The Hogan Lovells team have been great to work with throughout the transaction, providing the right balance of commercially focused and technical advice. They have proven to be the correct choice to support us on this journey and a genuine extension to the internal team at SMS.”
The core Hogan Lovells team included corporate partner Daniel Simons, senior associate Guy Ker and associates Vinura Ladduwahetty, Akhil Parekh and Nick Cooke. The Hogan Lovells team also included partners Fiona Bantock, Philip Brown and Angus Coulter.