McDermott Will & Schulte, a global law firm

International law firm McDermott Will & Schulte advised Cerberus Capital Management on its agreement to acquire Lendco Limited (Lendco) from Cabot Square Capital (Cabot) and minority shareholders.

Founded in 1992, Cerberus is a global alternative investment firm with approximately $70 billion in assets across complementary credit, real estate, and private equity strategies. Cerberus invests across the capital structure where it believes its integrated investment platforms and proprietary operating capabilities can help improve performance and drive long-term value. Cerberus’ tenured teams have experience working collaboratively across asset classes, sectors, and geographies as they seek to achieve strong risk-adjusted returns for investors.

Lendco is one of the UK’s fastest growing specialist buy-to-let and bridging lenders. Established in 2018 as a strategic joint venture between Cabot and SPF Private Clients, the business has lent nearly £3 billion to date.

McDermott’s private equity team was led by partner Fatema Orjela and associate Tom Johnson and included counsel Zoe Woodhouse and associates, Arjun Sehgal and Raees Khan.

The wider team included Vlad Maly, Michal Chajdukowski, Alex Jupp, Elizabeth Spencer, Devina Rana, Hannah Guest and Pilar Arzuaga.

Leading organizations turn to global law firm McDermott Will & Schulte for a better way to address legal challenges, connect with those at the forefront, and drive stronger outcomes. Working across more than 20 offices globally, our 1,750+ lawyers act on data-driven insights, deep relationships, and unmatched industry experience to deliver on our commitment of Always Better.