Thornhill acted as lead legal adviser to the shareholders of a consumer healthcare business on its sale to a leading global private equity firm. The transaction involved a competitive auction process and cross-border regulatory clearances across several jurisdictions, requiring close coordination between Thornhill's Private Capital and M&A teams throughout.

The transaction was notable for the pace at which it moved: the sellers ran a compressed process designed to maximise competitive tension between bidders, which required Thornhill's team to complete diligence and negotiate transaction documents on a significantly accelerated timetable compared to a typical bilateral sale.

Marcus Delacroix, who advised on the matter, said: "Competitive processes of this kind put real pressure on every workstream simultaneously, and the sellers were well served by a team that could move as fast as the process demanded without compromising on the quality of the underlying advice."