NautaDutilh successfully advised private investment firm Bain Capital on the USD 3 billion financing package of its award winning acquisition of a majority stake in Kantar from British multinational advertising and public relations firm WPP.
Bain Capital is one of the world’s leading private multi-asset alternative investment firms with approximately USD 105 billion in assets under management. Kantar is a London-headquartered market research business with more than 30,000 employees in 100 countries. The Dutch Kantar entities were formerly known as the Nederlands Instituut voor Publieke Opinie (NIPO). The financing comprised dollar- and euro-denominated leveraged loans and high yield bonds.
The closing of the notes offering and the facility agreement took place in December 2019. The Dutch Kantar entities acceded on 24 April 2020, which completed the transaction. NautaDutilh worked alongside lead issuers-counsel Weil, Gotshal & Manges LLP. NautaDutilh's team working on this transaction consisted of David Viëtor, Stephan Huis in het Veld (Finance), Dewi Walian, Dirk Panis (Capital Markets), Nico Blom, Eva Roosendaal (Tax) and Florine Kuipéri (Corporate M&A).
Due to its complexity, this transaction has been recognised by IFLR as "Deal of the Year" for 2020 (category High Yield)!