
Overview
David Prowse is a partner in the corporate M&A practice of Paul Hastings and is based in the firm’s London office. He has a broad corporate M&A practice involving a wide range of corporate transactions including public and private mergers and acquisitions, joint ventures and private equity transactions, as well as general corporate and commercial advisory matters.
Education
- Kings College London, Law LLB, 2009
- BPP Law School, Legal Practice Course, 2010
Representations
City Football Group Limited, the owner and operator of football clubs, with total or partial ownership of clubs in eight major cities across the world: Manchester City in the UK, New York City FC in the US, Melbourne FC in Australia, Yokohama F. Marinos in Japan, Club Atletico Torque in Uruguay, Girona Futbol Club in Spain, Sichuan Jiuniu FC in China and Mumbai City Football Club in India on:
- the investment by a consortium of high-profile Chinese institutional investors led by China Media Capital in 2015; and
- the investment by U.S. private equity firm Silver Lake, which saw Silver Lake invest $500 million for just over 10% of the company’s post-investment equity, valuing the business at approximately $4.8 billion.
NJJ Telecom on its €3.2 billion acquisition of eir, the leading Irish telecommunications company, and the associated co-investment arrangements entered into between NJJ, Iliad SA, Anchorage Capital, and Davidson Kemper
Monaco Telecom, the incumbent telecommunications provider in the Principality of Monaco, on its:
- €250 million acquisition of Vodafone Malta, the Maltese mobile network operator; and
- €260 million acquisition of MTN Cyprus, the fastest growing mobile and fixed operator in Cyprus.
Abry Partners, the leading private equity firm, on its:
- €350 million disposal of Basefarm Holding AS, a leading European player in cloud-based infrastructure and services, to the Orange Group, the multinational telecommunications group; and
- Disposal of a majority of shares in AddSecure, a leading European provider of premium solutions for secure data and critical communications, to Castik Capital, the European private equity firm.
Oakley Capital, the mid-market private equity investor, on its:
- Investment in Alessi S.p.A, the iconic Italian high-end design business focussed on homeware products; and
- Acquisition of Ekon, the Spanish provider of business software.
Strategic Industrial Capital Partners, the energy focused private equity firm, on its investments into Central American Resources Limited, Magma Global Limited, M-Flow Technologies, Woodlands Energy Services and Sendero Drilling Company LLC.
Other representative experience includes advising:
- COSCO, the Chinese shipping and port company, on its $1 billion acquisition of a 67% stake in Piraeus Port as part of the Hellenic Republic’s high-profile privatisation programme.
- Hilton Hotels on a number of corporate matters.
- Starwood Capital on its joint venture with Tunstall Real Estate Management to implement the acquisition of U.K. social housing regeneration company, Pinnacle Group Limited.
- Aman Resorts, the luxury hotel group, on a number of confidential transactions.
- Aalto Invest Holding AG and its owners on the disposal of Aalto Invest Holding AG, a U.S. and Europe-based real estate-focused investment manager with US$1.7 billion of funds under management, to Man Group plc.
- Filtration Group, an affiliate of Chicago-based Madison Industries, on the £220 million acquisition of the Porous Technologies business of UK-based industrial group Essentra plc.
David completed a secondment in 2015 at Gulf Related, the Abu Dhabi-based real estate developer, manager, and operator, formed as a joint venture between Gulf Capital and Related Companies.
Mr. Prowse is recommended in The Legal 500, UK (Corporate/M&A: High-End Capability – London).
news
- Paul Hastings Advised Brillio in Acquisition of CloudStratex - May 9th, 2023
- Theta Bidco Ltd (a newly incorporated company owned by joint offerors IHC Industrial Holding LLC and Tasheel Holding Group LLC) acquires Arena Events Group Plc - March 14th, 2022
- Moody's to Acquire RMS for $2 Billion - August 5th, 2021
- Astorg and Bridgepoint acquire Irish fintech Fenergo - July 30th, 2021
- Oakley Capital acquires PRIMAVERA - June 22nd, 2021
- Six BidCo Ltd (a wholly-owned indirect subsidiary of investment funds managed by PineBridge Benson Elliot) acquires Sigma Capital Group plc - June 11th, 2021
- Masimo LHC Ltd offer for LiDCO Group Plc - November 2nd, 2020
- Paul Hastings’ London M&A Team Continues Strong Run of Telecoms and Infrastructure Deals - June 1st, 2020
- Monaco Telecom Acquires Vodafone Malta - December 19th, 2019
- City Football Group Announces $500 Million Strategic Investment by Silver Lake; Acquires Majority Stake in Mumbai City Football Club - December 17th, 2019
- Abry Partners Sells Majority Interest in AddSecure to Castik Capital - September 26th, 2019
- Oakley Capital Invests in Iconic Design Brand Alessi - September 6th, 2019
- $3 Billion Financing Announced for Bain’s Acquisition of Kantar from WPP - July 12th, 2019
- Oakley Capital Invests in Spanish Digital Insurance Brokers - May 1st, 2019
- Oakley Capital Acquire Ekon - March 26th, 2019
- Astorg Acquires Significant Minority Shareholding in Acturis - March 4th, 2019
- Abry Partners II Sells Basefarm Holding to Orange - July 17th, 2018
- Monaco Telecom to acquire MTN Cyprus - July 16th, 2018
- Xavier Niel-led Consortium to Acquire Ireland’s eir - December 20th, 2017
- Starwood Capital and Tunstall Real Estate Asset Management Joint Venture Acquires Pinnacle Group - June 22nd, 2017
Recognitions
insights
- Return of The MAC? A Recent Ruling in the English Courts and Whether the COVID-19 Pandemic Could See More U.K. Transactions that Include U.S.-Style MAC Protections - November 30th, 2020
- “Stuck in the Middle With You”: U.S.-China Relations and the Impact on European Businesses - November 24th, 2020
- “SPAC” to the Future? - October 13th, 2020
- PH COVID-19 Client Alert Series: Force Majeure and the Doctrine of Frustration in Light of COVID-19 - March 19th, 2020
- PH COVID-19 Client Alert Series: Força Maior e a Doutrina da Frustração à luz da COVID-19 - March 19th, 2020
- Establishing Business in the UK - May 9th, 2017
- Proposed Changes to the Rules on Delaying Disclosure of Inside Information - December 7th, 2015
- CFPB – 2014 in Review…and What’s Ahead for 2015 - January 20th, 2015