Bedell Cristin's Guernsey team, led by partner John Scanlan, has advised BasePoint Capital, a leading diversified specialty finance group, on its approximately £543 million recommended cash acquisition of International Personal Finance plc, a leading provider of consumer credit products in international markets.
The transaction marks a significant development in the industry and involved a complex, multi-jurisdictional structure across Europe.
The transaction was led by a team from White & Case’s London office, coordinating legal input from multiple European jurisdictions.
Bedell Cristin provided specialist advice on Guernsey law matters, with a particular focus on regulatory compliance and debt capital markets issues.
Lead Partner John Scanlan said: "We are delighted to have supported BasePoint Capital on this strategic transaction.
"Our involvement demonstrates Guernsey’s continuing role as a trusted jurisdiction for international finance and our firm’s ability to deliver focused, high-quality advice on complex regulatory and capital markets aspects of significant cross-border public transactions."
John was assisted by Senior Associate Louise Ridgway and Associate Steven Zandvliet.
