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UK

Andrew Stilton

Consultant Solicitor

England & Wales

020 3319 3700

andrew.stilton@keystonelaw.co.uk

“A very big thanks from all of us at CPM Group for your very valued and skillful assistance you gave us in helping get the deal to the finishing line. With my hand on heart, you were brilliant. ”

- Bob Smillie Director, CPM Group

Andrew is a consultant in the Corporate team specialising in private equity, mergers and acquisitions and corporate finance transactions, including reconstructions and joint ventures, the establishment of investment funds, public and private fund raising, venture capital and private equity investments.

With over 35 years of experience in mergers and acquisitions, joint ventures and other material transactions, he is skilled in dealing with transaction structuring, negotiating sale and purchase agreements and dealing with due diligence and disclosure. Having acted regularly for both buyers and sellers, he is well-placed to assess the issues which are likely to be significant for each party in a transaction.

He has acted in the establishment of a number of venture capital trusts and EIS funds and on related performance incentive and investment management arrangements and on numerous VCT, EIS and other investments.

As a Member of the Law Society’s standing committee on company law for 15 years, Andrew led various working parties involved in responding to consultation documents and was actively involved in the consultation process that culminated in the enactment of the Companies Act 2006.

He is the author of Sales of Shares and Businesses, first published by Sweet & Maxwell in 2006.

Expertise

Andrew advises on corporate and finance matters, including establishing special purpose vehicles, investment fund formation, cross-border refinancing, and renewable energy investments involving solar, hydro, and other infrastructure projects.

Experience

  • Acted for in connection with a £30m cross-border re-financing.
  • Acted in the establishment of two investment funds with a combined value of approximately £45m.

Andrew has experience advising on corporate acquisitions and joint ventures, including acting on the purchase of Blackpool Airport and assisting with the acquisition of a major construction and waste sector company.

Experience

  • Acted for City Hopper Airports (Blackpool) Limited in the acquisition of Blackpool Airport from Blackpool Borough Council and complex joint venture structures with the Council.
  • Assisted GRS Roadstone Group Limited with the acquisition of S Walsh & Sons Ltd, London’s most successful and diverse companies serving the construction, quarrying and waste sectors.

Andrew advises on private equity matters, including portfolio acquisitions, secondary transactions, and investments across a range of sectors such as energy, technology, media, and leisure.

Experience

  • Acted for three secondary funds in the acquisition of two portfolios of private equity investments.
  • Acted in over 150 private equity investments, in sectors as diverse as film distribution, solar, nanotechnology, and leisure.

Andrew advises on company sales and disposals, acting for shareholders and businesses across a range of sectors including technology, recruitment, construction, and manufacturing.

Experience

  • £25m disposal of IT recruitment business to a trade buyer.
  • Acted in sale of aggregates business for £7m.
  • Acted for the shareholders of CPM Group Acting on the sale of the business to Marshalls PLC.
  • Acted for the shareholders of Crimson on the sale of the company to Harvey Nash Group plc, which involved helping to negotiate the sale terms and agreeing the sale and purchase agreement and related documents.

Andrew advises on energy sector transactions, including structuring and establishing special purpose vehicles, reviewing contractual documentation, and supporting investments in renewable projects such as solar, hydro, and anaerobic digestion.

Experience

  • Set up Special Purpose Vehicles (SPVs) for over 25 energy companies
  • Acted for funds managed/advised by Triple Point Investment Management LLP in relation to investments in solar, hydro and other renewable energy projects, including transaction structuring, reviewing the commercial agreements and preparing and finalising the investment documents.
  • Acted for funds managed/advised by Octopus Investments Limited in making over 100 VCT/EIS investments in solar and anaerobic digestion companies, including transaction structuring advice and completion of the investment process.
  • Reviewing contractual documentation for energy companies.

Please note: The experience list above may include examples of work completed prior to joining Keystone Law.

Recognition

Recognised by The Legal 500 for M&A: Smaller deals, £10M–£100M 2024 – 2026

Recognised by Best Lawyers UK for Corporate Finance 2015–2025

Recognised by The Legal 500 for M&A: Smaller deals, up to £50M 2014 & 2017 – 2021

Andrew authored Sale of Shares and Businesses – A Guide to Mergers and Acquisitions, first published by Sweet & Maxwell in 2006 (third edition 2012), and used in many jurisdictions worldwide.

“Having one go-to contact who was always there to answer your call/email was extremely efficient compared to other firms. An expert to help with every field of M&A (tax, options structuring) was available to us. Andrew Stilton wrote the bible on UK acquisitions and it is evident you are in the safest hands along every step of a process.”

The Legal 500 2021

Andrew qualified as a solicitor in 1981. Prior to joining Keystone Law in 2014, he worked at SGH Martineau.

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