Dan Hirschovits
  1. Partner

Mr. Hirschovits is a partner in Davis Polk’s Corporate Department, practicing in the London office. He advises corporate and investment banking clients on securities offerings and public listings, mergers and acquisitions and corporate finance transactions generally. He also provides advice on corporate governance matters and securities law and regulation.

Work Highlights

CAPITAL MARKETS

Recent transactions have included advising:

  • ContourGlobal plc on its £441 million initial public offering and London premium listing
  • The sponsor and underwriters in connection with the initial public offering and London premium listing of Charter Court Financial Services Group plc
  • The sponsor and underwriters to Just Retirement Group plc on its £150 million standby underwriting arrangement and £101.1 million placing and open offer
  • The joint bookrunners to Ladbrokes PLC on its £115.5 million placing of new ordinary shares
  • Charles Taylor plc on its fully underwritten £30.6 million rights issue
  • The sponsor and other underwriters in connection with the initial public offering and London premium listing of Wizz Air Holdings plc
  • UBM plc on its £565 million rights issue in connection with its Class 1 acquisition of Advanstar Communications
  • The sponsor, bookrunner and corporate broker to Tullett Prebon plc on its $160 million acquisition of PVM Oil Associates Limited and the related £32.1 million vendor placing of new shares
  • The sponsor and underwriters on the initial public offering and London premium listing of OneSavings Bank plc
  • The joint bookrunners and underwriters in connection with the £36 million accelerated bookbuild placing of ordinary shares of Ocado Group plc
  • Selling shareholders and underwriters on numerous secondary sale block trades
M&A

Recent transactions have included advising:

  • Cell Medica Limited on its £60 million Series C investment round with participation from existing investors Touchstone Innovations, and funds managed by Invesco Perpetual and Woodford Investment Management
  • Dai-ichi Life Holdings, Inc. in connection with the $6 billion merger of Janus Capital Group, Inc. and Henderson Group plc and its strategic partnership with the combined group
  • MasterCard Incorporated on its £700 million acquisition of 92.4% of VocaLink Holdings Limited
  • The lead financial adviser to Anheuser-Busch InBev on its £71 billion takeover of SABMiller
  • The lead financial adviser and sponsor to Just Retirement Group plc on its proposed £1.7 billion merger with Partnership Assurance Group plc
  • The financial advisers and joint sponsors to Ladbrokes PLC on its proposed £2.3 billion merger with certain key businesses of Gala Coral Group Limited
  • The financial advisers to Ball Corporation on its £4.3 billion offer for Rexam
  • Temenos Group AG in connection with its €235 million acquisition of Multifonds from Summit Partners and others
  • MSCI Inc. in connection with its $125 million acquisition of IPD Group Limited

Recognition

  • "40 Under 40 Rising Star" in Legal Services – Financial News 2015

Of Note

  • Co-Author, “Underwriting Practice and Procedure,” Chapter 8, European Securities Law, 2ed., Oxford University Press
  • Co-Author, Acquisitions and Disposals by Listed Companies, published by the Institute of Chartered Secretaries and Administrators (ICSA) in October 2013

Professional History

  • Partner, Davis Polk since 2017
  • Associate, Davis Polk, 2012-2017
  • HSBC Bank plc, 2011-2012
  • Freshfields Bruckhaus Deringer, 2005-2011

Bar Admissions

  • England and Wales

Education

  • M.A., History, University of Cambridge, 2000