Herrington Carmichael LLP

Corporate and Commercial

Yavan was appointed as Managing Partner on 1 October 2019. He established the corporate and commercial department in 2008 concentrating on supporting businesses and their commercial requirements. Having built a team of expert corporate and commercial lawyers with a wide range of industry specialisms, Yavan is able to offer pragmatic solutions to complex legal problems.

Yavan, a technically able expert, has extensive experience advising on M&A, corporate restructuring, banking, business ownership issues and intellectual property rights matters.Yavan’s recent experience includes:

M&A Experience

• Advising on strategic buy, build and sale project: Advising UK headquartered international banking security and maintenance provider on several buy and build acquisitions prior to partial sale to US hedge fund including a rollover of existing management shareholders with a total project value in excess of £100 million.
• Private equity investment into international electronics manufacturer: Advising UK headquartered international electronics manufacturer on investment from private equity investor with an enterprise value of £110 million.
• £31 million sale of group companies to an Employee Ownership Trust.
• Advising on a £13.5 million complex minority acquisition in Education and Technology provider.
• £10.2 million sale of self-storage assets to US private equity fund.

Banking & Finance

• Acquisition finance and re-finance of leading UK-based developer: Advising client on £25 million senior debt refinance with subordination of then current £10 million junior debt.
• Advising on pre IPO investment facility for home services software provider: Advising client on £15 million investment from overseas listed investment company to include undiluted roll over of existing investors.
• Refinancing for banking security and maintenance provider (Private Equity): Advising on a refinance totalling £21,000,000 including facilities and receivables finance facilities from major UK banks.
• £42 million re-finance for boutique hotel chain – Advising the boutique hotel group on the refinance of Allied Irish Bank with National Westminster bank involving a complex redemption procedure and extensive due diligence on the groups property portfolio.

Fundraising

• Worked alongside US counsel, in advising Silicon Valley based investment firm, Meson Capital, in its Series A investment in UK-based RBW Sports & Classics Limited.
• Advised DataOps.Live on its $10.3m USD Series Seed funding round led by west-coast US venture capital invest, Anthos Capital.
• Advised Buyline on a significant facility, from the creation of the initial IM, advising and negotiating on the terms sheet, advice through the due diligence process, through to negotiations between multiple secured creditors.
• Advised Chester Rose Ltd, on their second round of investment: Involving an initial conversion of convertible loan notes into preferences shares, complex articles of association, followed by details negation of a conditional investment agreement.

Board Support

• Yavan acts as an advisers to a number of boards dealing with questions of law and assisting on strategy.

Trained Southorns; qualified 1999; partner Herrington Carmichael 2003. Current executive committee member for Herrington Carmichael LLP; strategy partner for Herrington Carmichael LLP. Publications of note: articles on share incentive schemes, corporate updates, intellectual property law, financial services acquisitions. Presentations on mergers and acquisitions, trademarks, joint ventures and shareholders’ agreements.

Law Society.

Bearwood College; University of Surrey (BSc Hons); College of Law Guildford.

Yavan is a keen mountain biker and skier – although the level of effort he puts into them does not translate into the quality of either. He is also a part time chauffeur, driving his 3 kids around to various sporting events.