Smridhi Gulati is a partner in Cadwalader’s Leveraged Finance & Private Credit Group. She advises UK and international lenders, including private credit funds, banks and other financial institutions, as well as private equity sponsors and corporates on complex lending through the capital structure primarily in relation to UK and cross-border acquisition finance transactions including private equity backed buyouts, management buy-outs, mergers and acquisitions, and refinancing and restructurings of leveraged assets.
Smridhi is ranked by Chambers UK for Banking and Finance: Mid-Market. Clients state that “Smridhi always provides excellent service; she is very responsive and demonstrates her ability to effectively advise on complex situations.” She is also described as “a class act and her name keeps coming up in the market” and “very commercial in how she approaches deals,“ with clients adding: “I would recommend her to anyone for strong finance negotiation.” “If I could have Smridhi on every deal I would be happy. She is a safe pair of hands with your key interest at heart, which she protects while getting the deal done.” Clients also stated that “she is willing to go above and beyond and values the client relationship.” “She is very user-friendly, pushes hard for our points and is also strong technically. On our deals I do very little because I am comfortable to leave it to her; I fully trust her and her team.”
Smridhi is also recognised as a leading practitioner by The Legal 500 UK for Acquisition Finance. Clients have noted that “the very knowledgeable Smridhi Gulati is fantastic to work with and explains issues well.” “The exceptional Smridhi Gulati is one of our top choices of lawyers to work with on mid-market private credit deals.” “Smridhi Gulati is an exceptional lawyer – commercial, thorough, helping the deal team navigate complex issues that arise in documents.”
Smridhi has been named on Law.com International’s Rising Stars list for 2021, which recognizes the UK's best up-and-coming women lawyers. She has also been named on the 2020 HERoes Women Future Leaders list, which celebrates inspirational women who are making a significant contribution to gender diversity at work.
- LGT Private Debt (UK) Limited and Shawbrook Bank on a unitranche financing package provided to support Ambienta SGR S.p.A’s investment in the Collingwood Lighting Group.
- Kartesia on its provision of a senior debt financing package to support MidEuropa Partners acquisition of a majority stake in Optegra Eye Health Care.
- Kartesia on their provision of debt facilities to a newly incorporated entity (SPV) wholly owned by HIG P.E. to finance the SPV’s acquisition of CPS Building Services.
- Barings Private Credit in the provision of senior and holdco financing to support the minority investment of Exponent Private Equity in the Xeinadin Group.
- Permira Credit as sole senior secured lender to Macquarie Capital Principal Finance, Pollen Street Capital and senior management in their acquisition of Aryza.
- The unitranche and super senior lenders in relation to a financing package in support of Waterland Private Equity's acquisition of the Aspris Group (carve out of the educations business of the Priory Group).
- The unitranche lender in relation toa financing package to support HIG Capital’s acquisition of Aspire Pharma and its Aspire Pharma’s subsequent acquisition of Mornington Pharmaceuticals.
- BlackRock Investment Management (UK) Limited on the provision of financing package to wealth management business.
- The unitranche lender on its provision of a financing package in support of Epiris acquisition of Sepura.
- Baring Asset Management on a unitranche financing package in support of the acquisition and merger of two care and education services businesses.
- Kartesia on its provision of a senior debt financing package to the Kallidus Group backed by Apse Capital, to provide for the continued growth and development of Kallidus and to support the acquisition of Sapling Inc.
- Quorn Foods (Marlow Foods) on a senior unsecured financing package entered into with a syndicate of banks to refinance certain of Quorn’s existing financing arrangements.
- Barings Private Credit on a unitranche financing package to support the acquisition by a UK private equity house of an outsourcing business.
- Acting for first out/last out lenders on a senior financing package to support the refinancing of the Dental Care Group (a G Square Healthcare Private Equity portfolio company).
- Ares Management Limited and Barclays Bank PLC in connection with their provision of debt financing to support Dobbies Garden Centres acquisition of a portfolio of 31 garden centres and related businesses from Wyevale Garden Centres.
- Phenna Group on financing and tax matters relating to their MBO of the Phenna Group from Academy Association Inc., supported by a debt placement by CVC Credit Partners.
- Ares Management Limited on the provision of a financing package in excess of £1bn to refinance the Daisy Group’s existing financing arrangements and fund the buyout of certain investors in the Daisy Group.
- Clanwilliam Group on negotiating the financing package provided by Alcentra Limited.
*Certain representations occurred prior to Smridhi's association with Cadwalader.
