Kirkland & Ellis, led by corporate partner Matthew Hurlock and banking partner John Markland, advised fund management company Veronis Suhler Stevenson on the £53m buy-out of educational publishing business Granada Learning from Yorkshire Television. Olswang, led by corporate partner Simon Morgan, represented Yorkshire Television, which is a subsidiary of ITV.

Allen & Overy, led by private equity partner Susan Howard with assistance from leveraged finance partner Jacqueline Evans, advised private equity group Nikko Principal Investments on its £275m secondary buyout of debt purchasing business Cabot Financial Holdings Group from Barclays Private Equity and Vision Capital. Clifford Chance, led by private equity partners David Walker and Brendan Moylen, advised the sellers while Jones Day, led by corporate partner Adam Greaves, advised on management issues.