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 £1.7 billion IPO and London premium listing
  • The sponsors and underwriters on the IPOs and London premium listings of Charter Court Financial Services Group plc, Wizz Air Holdings plc and OneSavings bank plc
  • The joint bookrunners to Ocado Group plc on its respective £143 million and £36 million accelerated bookbuild placings of ordinary shares
  • 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:
    • £17.6 million accelerated bookbuild placing of ordinary shares in connection with the acquisition of Inworx
    • fully underwritten £30.6 million rights issue
  • UBM plc on its £565 million rights issue in connection with its Class 1 acquisition of Advanstar Communications
  • The sponsor and bookrunner 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
  • Selling shareholders and underwriters on numerous secondary sale block trades
M&A

Recent transactions have included advising:

  • Temenos on its £1.4 billion takeover offer for Fidessa
  • ContourGlobal plc on its €806 million Class 1 acquisition of Acciona Termosolar
  • Cell Medica Limited on its £60 million Series C investment round
  • 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
  • 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
  • The financial adviser(s) to:
    • Anheuser-Busch InBev on its £71 billion takeover of SABMiller
    • Ball Corporation on its £4.3 billion offer for Rexam
  • The financial adviser(s) and sponsor(s) to:
    • Just Retirement Group plc on its proposed £1.7 billion merger with Partnership Assurance Group plc
    • Ladbrokes PLC on its proposed £2.3 billion merger with certain key businesses of Gala Coral 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