Ogier in Guernsey advises Searchlight Capital Partners on its recommended final cash offer for Gresham House plc

Ogier's Guernsey team has advised Searchlight Capital Partners on the Guernsey law and regulatory aspects of its recommended final cash offer for the entire share capital of London-listed Gresham House plc, a specialist alternative asset manager.

The transaction values Gresham House plc at approximately £469.8 million. The acquisition is subject to shareholder and regulatory approvals.

The Ogier team was led by partner Bryon Rees, assisted by senior associates James Walsh and Diana Collas, associates Tobi Oluborode and Damian De Klerk and trainee solicitor Andrew Tautscher.

Ogier worked with lead counsel Willkie Farr & Gallagher (UK) LLP and provided Guernsey corporate, finance and regulatory law advice.

Searchlight is a leading global private investment firm with offices in New York, London and Toronto.

Gresham House has a rich heritage as one of the oldest companies in the UK still operating today, having first been incorporated in 1857. It had assets under management of £7.8bn as at 31 December 2022, with a focus on sustainable an alternative investments, including battery storage infrastructure and a market leader in the UK in forestry.