Transaction credentials
Johanna Cave has 30 years of experience of corporate transactions, including IPOs, dual track exits, acquisitions and disposals, demergers and divestments, rescue placings, rights issues and reverse takeovers.
Transaction experience as JCC Advisory Partners
Confidential
Deal size confidential
Preparation for Main Market (LSE) IPO
2025-2026
Ashtead Technology Holdings plc
Mkt Cap £330m
Move up from AIM to the Main Market (LSE)
2025
Gamma Communications plc
Mkt Cap £1.2bn
Move up from AIM to the Main Market (LSE)
2024-2025
TalkTalk
Deal size confidential
Restructuring – demerger and refinancing
2023-2024
Rentokil Initial plc
Deal size c.US$6.7bn
Acquisition of Terminix and issue of ADSs on NYSE
2022
Inspired Thinking Group
Deal size confidential
Dual track exit with sale to private equity
2021-2022
Keepmoat Homes
Deal size c.£700m
Dual track exit with sale to private equity
2020-2022
Moonpig Group plc
Mkt Cap £1.5bn
Demerger, refinancing and Main Market (LSE) IPO
2020-2021
Ceres Power Holdings plc
Mkt Cap £1bn
Readiness assessment for AIM to Main Market (LSE) move up
2020
DNEG
US$650m-850m
Proposed Main Market (LSE) IPO (aborted)
2018-2019
Transaction experience whilst with PwC (last 5 years)
Capco plc
Mkt Cap £2bn
Proposed demerger of the Group
2018
Countrywide plc
Funds raised £140m
Rescue equity issue
2018
Carpetright plc
Funds raised £60m
CVA circular and rescue equity issue
2018
RWE/npower
Aborted
Proposed spin-off and merger with SSE Retail
2017 – 2018
TMF Group
Deal size €1.75bn
Dual track exit and sale to CVC
2015 – 2017
Logicor
Deal size €12bn
Dual track exit and sale to CIC
2016 – 2017
Ball Corp (USA)
Deal size US$6.6bn
Acquisition of Rexam – Prospectus and Takeover Code
2015 – 2016
Ladbrokes plc
Deal size £2.3bn
Class 1 acquisition of Gala Coral
2015 – 2016
Pure Circle (Malaysia)
Mkt Cap £500m
Move up from AIM to Main Market (LSE)
2015
TUI AG (Germany)
Combined mkt cap £5.2bn
Merger of TUI AG & TUI Travel Introduction to Main Market (LSE)
2014
AS Watson (HK)
Deal size US$5.7bn
Dual track exit with sale of 25% to Temasek
2014
Various Private Equity houses
IPO readiness assessments (12-18 months prior to exit)
2014 – 2018