September 14, 2020
Weil has been recognized for its lead role advising Bain Capital on its 60% acquisition from WPP of Kantar at the 2020 Legal Business Awards. In a contested category, Weil demonstrated the ability to land the most significant mandates in an incredibly competitive market for private equity-backed deals.
In July 2019, the Weil team, led by partner Marco Compagnoni, advised Bain on the acquisition and financing, coordinating input from finance, IP/IT, tax, antitrust, and Weil lawyers in the U.S., Germany and France. The deal saw WPP retain a 40% equity stake in London-headquartered Kantar and called for the Weil team to offer strategic advice on all aspects of the deal, including due diligence, M&A, shareholder arrangements, carve-out and bank/bond financing.
The winner of this category had to provide evidence of their ability to move with the market and stand out from competitors in the most eye-catching transactions. This transaction was also named High Yield Deal of the Year at the IFLR Europe Awards 2020.