
Overview
Garrett Hayes is a partner in the Corporate practice of the Paul Hastings London office. Mr. Hayes' experience covers a broad range of cross border and domestic M&A and corporate advisory mandates primarily for private equity clients. His practice includes a broad range of general corporate work and includes advising on fund raising, strategic investments, and joint ventures, and he has extensive experience in transactions in the telecoms industry, including M & A involving mobile network operators and telecoms infrastructure. Mr. Hayes also represents private equity sponsors, management teams, and portfolio companies on fund formation, leveraged buyouts, equity incentive arrangements, restructurings, and exits.
Education
Mr. Hayes earned an MA honours degree in Law at Emmanuel College, University of Cambridge. He passed the legal practice course at the College of Law in London with commendation in 1995.
Representations
Recent highlights include advising:
- Astorg, a leading European private equity firm with over €8 billion of assets under management, on the acquisition of a significant minority stake in Acturis Group, a leading supplier of insurance software, from Summit Partners;
- Astorg, on the acquisition alongside the founders and the management team of Third Bridge from IK Partners. Third Bridge is a leading player in the primary research market, serving over 1,000 private equity funds, hedge funds, mutual funds and management consulting firms;
- Astorg, on the acquisition alongside Bridgepoint, of Fenergo, the leading provider of Know-Your-Customer (KYC) and Client Lifecycle Management (CLM) software solutions for financial institutions, from Insight Partners;
- Cabot Financial, a market-leading acquirer and manager of consumer debt, on the acquisitions of Hillesden Securities Limited, Orbit Debt Collection Limited, and Wescot Credit Services Limited;
- COSCO, the Chinese shipping and port company, on the acquisition of a 67% stake in Piraeus Port as part of the Hellenic Republic's high profile privatisation programme in a transaction valued in excess of US$1 billion;
- Dong-A Pharmaceutical Co., Ltd., a leading Korean pharmaceutical company, on the English law aspects of its long-term strategic collaboration partnership with Meiji Seika Pharma Co., Ltd (Meiji), a Japanese pharmaceutical company, with respect to biosimilars;
- Eircom on the sale of a majority stake in Tetra Ireland, a provider of secure communications to the Garda and emergency services, to Motorola at an enterprise value of €130 million
- Eircom on the €300 million sale of Emerald Towers, which owns a portfolio of 650 telecoms towers, to Phoenix Towers International and the associated long term master services agreement
- Eircom on a new partnership with InfraVia Capital Partners (InfraVia) to create a dedicated fibre company, Fibre Networks Ireland Limited focused on the deployment of fibre-to-the-home across the Republic of Ireland
- Fora management on the proposed merger of Fora (owned by Brockton Capital) and The Office Group (owned by Blackstone) which will create the premier flexible workspace company in the UK and Europe
- Haitong International Securities Group, on its recommended cash acquisition of Tokyo-listed Japaninvest Group PLC, which was effected by means of a UK Scheme of Arrangement under Part 26 of the Companies Act 2006;
- Hanwha Systems Co. on its US$300 million investment in OneWeb, a U.K.-based low earth orbit satellite communications company
- iSmash, the UK's leading tech repair specialists, on a number of equity fundraising rounds;
- Iwoca, a provider of working capital to small businesses, on a number of equity fundraising rounds and on a number of private bond placements;
- Monaco Telecom International on the €260 million acquisition of MTN Cyprus Limited, a leading Cypriot mobile phone operator;
- Monaco Telecom on the €250 million acquisition of Vodafone Malta from Vodafone Group;
- NJJ Capital, on the €322 million acquisition of a controlling stake in Monaco Telecom from Cable and Wireless Communications;
- NJJ Telecom Europe on the €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;
- Salt Mobile SA, on the CHF 0.8 billion (€0.7 billion) sale of a 90% equity interest in the company owning Salt’s passive mobile infrastructure in Switzerland to Spanish tower operator Cellnex Telecom SA. and the associated long-term master services agreement;
- Salt Mobile SA on the €135 million sale of a 10% stake in Swiss Infra Services SA
- Samsung Electronics Co., Ltd., on its US$310 million acquisition of the handset connectivity and location development operations from London-listed Cambridge Silicon Radio Limited and the related subscription by Samsung for a 4.9% equity stake in CSR plc;
- Samsung Electronics Co., Ltd., on its acquisition of Nanoradio AB, a Swedish developer of ultra-low-power Wireless LAN chipsets for high-speed wireless access in mobile phones;
- Shuanghui International Holdings Limited, the owner of China’s largest publicly-traded meat processing enterprise, in a US$7.1 billion agreement to acquire Smithfield Foods, Inc. (NYSE: SFD), the largest U.S. publicly-traded pork processor and hog producer;
- SICP Investments SPC, on its investments into Magma Global Limited, M-Flow Technologies, Central American Resources Limited, Woodserv Energy Services, and Sendero Drilling Company LLC;
- SilverTree Equity on its acquisition of Agility CIS, a New Zealand based provider of utility customer information and billing systems software for energy retailers;
- Singha, on the acquisition of a 50% stake in Valensina Holding, a leading German fruit juice company;
- SPIE SA, on its acquisitions of Electricity Network Solutions and Scotshield Limited;
- Starwood Capital, on the acquisitions of The Town House Collection Holdings Limited, owner of the Bonham Hotel (Edinburgh) and Blythswood Square Hotel (Glasgow); and
- Strategic Industrial Capital Partners, on the establishment of SICP Investments SPC, an investment platform established as a Cayman segregated portfolio company which provides growth capital to energy companies; and
- Xtralis Management on the US$480 million sale of Xtralis International Holdings Limited to Honeywell Inc.
news
- Paul Hastings advises Eir on partnership with InfraVia to accelerate fibre-to-the-home roll-out across Ireland - February 3rd, 2022
- Paul Hastings Advises on Formation of Sandbrook Capital to Invest in Entrepreneurs Building a Low-Carbon Future - November 3rd, 2021
- Paul Hastings Practices and Lawyers Recognized for Excellence in Legal 500 United Kingdom 2022 - October 1st, 2021
- Hanwha Systems to Invest US$300 Million in Global Satellite Company OneWeb - August 13th, 2021
- Astorg and Bridgepoint acquire Irish fintech Fenergo - July 30th, 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
- Paul Hastings Represented PE Executives in Departure from Riverstone Holdings - March 24th, 2021
- Oakley Capital announces investment in Idealista - January 27th, 2021
- Abry-backed LINK Mobility Group lists on Oslo Børs - October 23rd, 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
- $3 Billion Financing Announced for Bain’s Acquisition of Kantar from WPP - July 12th, 2019
- Paul Hastings’ London M&A Team Closes a Flurry of Deals - May 16th, 2019
- Salt Sells Phone Towers to Cellnex for €0.7 Billion - May 13th, 2019
- Astorg Acquires Significant Minority Shareholding in Acturis - March 4th, 2019
- North Technology Group Acquire Mystic - January 9th, 2019
- Saba Software, a Portfolio Company of Vector Capital, to Acquire Lumesse - October 3rd, 2018
- Abry Partners II Sells Basefarm Holding to Orange - July 17th, 2018
- Monaco Telecom to acquire MTN Cyprus - July 16th, 2018
- Starwood Capital Sells £830m UK Hotel Portfolio - May 3rd, 2018
Recognitions
insights
- Q2/Q3 2021 Energy and Infrastructure Round-Up - September 24th, 2021
- Court of Appeal Rejects “Empty Formalism” in Allowing a Challenge to the Form of a “Notice of Claim” Clause under an SPA - June 15th, 2021
- Q1 2021 Energy and Infrastructure Round-Up - May 6th, 2021
- “Stuck in the Middle With You”: U.S.-China Relations and the Impact on European Businesses - November 24th, 2020
- UK Gov introduces new law to allow intervention in M&A transactions on National Security grounds - November 11th, 2020
- “SPAC” to the Future? - October 13th, 2020
- Recent U.K. Cases Highlight Potential Pitfalls in Acquisition Agreements - October 8th, 2020
- PH COVID-19 Client Alert Series: UK Government Announces Further Measures to Support Businesses in Britain - March 26th, 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
- PH COVID-19 Client Alert Series: UK Economic Response to COVID-19 - March 18th, 2020
- Avoiding Russian Roulette with Rights of First Offer in Shareholders’ Agreements - November 19th, 2018
- Takeover Regulation in the U.K. – Bidding War for Sky plc Resolved by Rare Auction Process - October 9th, 2018
- Establishing Business in the UK - May 9th, 2017
- UK Votes for Brexit – Key Considerations for International Businesses - June 24th, 2016
- Heightened Disclosure Obligations in Respect of Controllers of UK Companies and LLPs - February 22nd, 2016
- M&A Practice Update: Lessons from the Eurozone Crisis - March 26th, 2012
- Recent UK Case Law In Relation To Earn-Outs - February 6th, 2012
- UK Securities Law Update Cash Shell/SPAC regulatory developments - February 6th, 2012
- Recent Developments in English Contract Law - September 6th, 2011
Involvement
- Admitted to practice in England and Wales
- Trustee, Ireland Funds Great Britain