Hogan Lovells Advises on Financing for Acquisition of Visual Effects Specialist The Mill

LONDON, 3 May 2011 - Hogan Lovells has advised Bank of Ireland, GE Capital & Lloyds TSB as mandated lead arrangers of the financing for the £119m acquisition by Barclays Private Equity of award-winning video effects specialist The Mill from Carlyle.

Based in London, New York and LA., The Mill provides digital visual effects for advertisements made for television, the internet, outdoor advertising screens and mobile devices for major brands including Nike, Ford, T-Mobile, Sony, Adidas, Lynx and Barclaycard.  The Mill also works for broadcasters and television production companies such as the BBC, Shine and Impossible Pictures on dramas including Doctor Who, Merlin and Primeval and for games developers and publishers including Sony Computer Entertainment and EA.

The Hogan Lovells team advising on the financing was led by Finance partner Stuart Brinkworth, assisted by associate Tom Richards. The team also included New York finance partner Russell DaSilva and corporate partner Philip Watkins.

Commenting on the transaction, Stuart Brinkworth said:

"We were extremely pleased to have been selected by the banks for this transaction. In what remains a highly competitive market for private equity auctions, we were pleased that we were able to assist Barclays Private Equity and its lenders in delivering a knock-out bid on such an aggressive timetable."

Barclays Private Equity were advised by Clifford Chance LLP (David Walker & James Butters).


About Hogan Lovells


Hogan Lovells combines the breadth of business-oriented legal advice and high-quality service that clients have come to expect through working with its two founding firms – Hogan & Hartson and Lovells.

"Hogan Lovells" or the "firm" refers to the international legal practice comprising Hogan Lovells International LLP, Hogan Lovells US LLP, Hogan Lovells Worldwide Group (a Swiss Verein), and their affiliated businesses, each of which is a separate legal entity. Hogan Lovells International LLP is a limited liability partnership registered in England and Wales with registered number OC323639. Registered office and principal place of business: Atlantic House, Holborn Viaduct, London EC1A 2FG. Hogan Lovells US LLP is a limited liability partnership registered in the District of Columbia.

The word "partner" is used to refer to a member of Hogan Lovells International LLP or a partner of Hogan Lovells US LLP, or an employee or consultant with equivalent standing and qualifications, and to a partner, member, employee or consultant in any of their affiliated businesses who has equivalent standing. Rankings and quotes from legal directories and other sources may refer to the former firms of Hogan & Hartson LLP and Lovells LLP. Where case studies are included, results achieved do not guarantee similar outcomes for other clients.

Back To Listing

Loading data