Leveraged and Acquisition Finance

Responding to competitive tensions and regulatory challenges, the leveraged finance market is constantly evolving with more optionality and sophistication, including the continued growth of direct lending.

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Leveraged and Acquisition Finance

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Our services
Testimonials
Contacts
Our experience
Recognitions
Insights

Our leveraged finance team has extensive experience advising banks and non-bank lenders around the world on senior and subordinated facilities. Our global network means we can cover deals across each of the world's key financial centers.

We have stood at the forefront of the direct lending market since it was established in Europe, advising debt funds for many years on unitranche and other types of direct lending products (including first loss/second loss, second lien, and PIK), and banks providing working capital and other facilities alongside term debt.

Our team also advises sponsors and corporate borrowers on the full range of leveraged transactions including take-privates, bids, leveraged recapitalizations, and leveraged buyouts.

With pragmatic and commercial advice, we drive leveraged and acquisition finance transactions from start to close. Together, we can help you stay ahead in this rapidly developing market.

Hogan Lovells pre-empted complex issues ahead of time, providing thoughtful and balanced solutions to hurdles as they emerged.

Chambers Europe 2025, Banking and Finance: Europe-wide (client quote)

Key contacts

Paul Mullen

Partner

Paul Mullen

Partner

London

Gordon C. Wilson

Partner

Gordon C. Wilson

Partner

Washington, D.C.

Meet the Leveraged and Acquisition Finance team

Representative experience

Triton and its portfolio company Hanab on their €605m million Term Loan B (TLB) refinancing.

Barings on the financing of Vitruvian Partners’ acquisition of Great Rail Journeys.

Ares Management funds on the financing of Inflexion Private Equity’s strategic minority investment in Baker Tilly Netherlands.

Aquiline Capital Partners LP, a private investment firm specializing in financial services and technology, in connection with a credit investment in S3 Partners LLC.

SMBC and Park Square on the financing of Inflexion’s acquisition of Aspen Pumps.

Hayfin on the financing of the take-private acquisition of Alliance Pharma plc by DBAY Advisors.

Apera Asset Management on the financing supporting the acquisition of Vecos, a leading provider of end-to-end smart locker solutions, by Ardian, a world-leading private investment house.

Tikehau Capital and Bpifrance on the financing of Ardian's acquisition of a majority stake in GreenYellow.

Tresmares on the financing granted to leading Iberian Private Equity firm Magnum Industrial Partners for the acquisition of several companies within the aesthetic medicine business.

Argus Group Holdings, a Bermuda insurance group, on the debt financing to support its proposed acquisition of a stake in BF&M, another Bermuda insurance company.

Mediobanca and Natixis in relation to the financing granted to Energy Infrastructure Partners (EIP) and ancillary documentation for the acquisition from ENI of a minority stake in Plenitude.

Awards and recognitions

Band 1, Banking & Finance, Mid-Market: Lenders

Chambers UK

2025

Recognized firm: Banking and Finance

Chambers Europe

2025

Band 2, Banking and Finance: Lender or Arranger

Legal 500 EMEA, Netherlands

2025

Band 2, Banking and Finance

Legal 500 EMEA, Spain

2025

Band 2, Banking and Finance

Legal 500 EMEA, France

2025

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Leveraged and Acquisition Finance