Ogier advises lenders on closing of offer to acquire Hargreaves Lansdown plc

Ogier's Jersey team has advised a club of private credit funds and investment banks on a senior secured financing package to support the recommended offer by a consortium to acquire leading UK financial services private investment provider Hargreaves Lansdown plc. 

The consortium consisted of ADIA, CVC Capital Partners and Nordic Capital. The transaction completed and the company was delisted from the London Stock Exchange on 25 March 2025.

Bruce MacNeil said: "We were delighted to work with White & Case on this complex and marquee transaction, which demonstrates our team's significant expertise and capabilities on high-profile finance transactions." 

A large club of private credit lenders provided a senior secured unitranche financing to support the consortium's recommended offer to acquire the shares in Hargreaves Lansdown plc. 

UK-headquartered Hargreaves Lansdown is a leading financial services platform for private investors in the UK. It was founded more than 40 years ago, manages in excess of £120 billion of investments for over 1.7 million clients and employs more than 2,000 people.

The Ogier team advised on the Jersey legal aspects of the transaction and worked alongside UK counsel White & Case LLP. The Ogier team was led by partner Bruce MacNeil, with support from senior associates Carl Hey and Robert Burman and associate Paul Hadden.