Koushik Prasad advises clients on their highest stakes capital raisings and M&A transactions.

Dual-qualified in the UK and India, Koushik leverages his international perspective and experience working on some of the most complex equity raises in the market to represent companies and investment banks in:

  • Initial public offerings (IPOs), follow-on offerings, and other capital raisings
  • Mergers and acquisitions
  • Joint ventures and strategic investments

In addition, he regularly guides clients on the unique complexities that UK companies face when seeking a listing in the US.

Koushik also helps companies navigate general corporate law, including compliance with the listing rules, disclosure obligations, market abuse regulations, and other regulatory requirements, as well as investment banks in connection with their regulatory obligations and procedures requirements.

A recognized leader at the firm, Koushik serves as Co-Leader of the London LGBTQ+ Affinity Group and as a member of the Training and Career Enhancement (TACE) Committee.

He maintains an active pro bono practice, including providing legal services to Cancer Research UK, as well as structuring and corporate governance advice to various charities, including Killed Women, Crisis Action, and OneTech.

Before joining Latham, Koushik worked in the corporate department of another international law firm in London. He also draws from his secondment at Numis, where he advised the corporate broking and transactions team on the legal aspects of equity capital markets, corporate broking, and M&A transactions. 

Koushik’s experience includes advising:

Capital Markets

  • The Public Investment Fund (PIF) on its:
    • Follow-on investment in the £216 million capital raise by way of placing by Aston Martin Lagonda Global Holdings
    • Proposed strategic investment in the £653 million capital raise by way of firm placing and rights issue by Aston Martin Lagonda Global Holdings
  • Diversified Energy Company on its: 
    • Additional listing of shares on the New York Stock Exchange
    • US$163 million cash placing and retail offer to partially finance the acquisition of certain upstream assets and related infrastructure in its Central Region from Tanos Energy Holdings II
    • US$225 million capital raise by way of a cash box placing
    • Transfer from the AIM Market to the Main Market (Premium Segment) of the London Stock Exchange and its US$86 million placing
  • Darktrace on its:
    • £1.7 billion initial public offering (IPO) and listing on the London Stock Exchange
    • £25 million post-IPO secondary placing via an accelerated bookbuilt offering
  • The underwriters on Deliveroo Holdings’ £7.59 billion IPO and listing on the London Stock Exchange
  • Ortho Clinical Diagnostics on its US$1.3 billion IPO and listing on NASDAQ
  • J.P. Morgan and Numis, as joint bookrunners, on the £450 million placing of shares by The Unite Group plc
  • J.P. Morgan as sponsor to Synthomer plc on the Class 1 disposal of its £200 million laminates, films and coated fabrics business
  • Barclays as sponsor to Capita PLC on the Class 1 disposal of its £207 million software solutions business
  • Merrill Lynch International, Deutsche Numis and J.P. Morgan Cazenove on the tender offer by Ascential plc to acquire up to £300 million of ordinary shares, as part of the intention to return £850 million to their shareholders
  • Merrill Lynch International and Investec Bank, as joint bookrunners, on ITM Power’s £250 million placing via an accelerated bookbuilt offering
  • Morgan Stanley and Numis, as joint bookrunners, on the £51.2 million placing of shares by YouGov, an internet-based market research and data analytics firm, to finance its acquisition of GfK’s consumer panel business
  • Credit Suisse Group AG on selling its 8.6% stake in Allfunds Group via an accelerated bookbuilt offering for €334 million
  • The sponsor, joint global coordinators, and joint bookrunners on Aston Martin Lagonda Global’s £125 million capital raise, listed on the London Stock Exchange and strategic cooperation with Mercedes-Benz 
  • The joint global coordinators and joint bookrunners on the £116 million cash placing by S4 Capital plc, the digital advertising and marketing services company
  • The joint global coordinators, bookrunners, and managers on Zealand Pharma’s US$100 million placement in 2020 and US$122 million placement in 2021
  • The underwriters on the £2.4 billion IPO of Avast, the world’s largest consumer antivirus software supplier, listed on the London Stock Exchange
  • DNEG, the international visual effects company, on its proposed IPO on the London Stock Exchange
  • Bain Capital on its £157 million block trade sale of equity shares in TI Fluid 
  • The principal creditors of Aegerion Pharmaceuticals on the reverse takeover of Aegerion by Amryt Pharma, an AIM-listed company in the UK in connection with Aegerion’s chapter 11 bankruptcy and reorganization petition in the US 

M&A and Joint Ventures

  • Lithia Motors on acquiring the UK motor and leasing business of UK premium listed Pendragon, its joint venture with Pendragon in North America as part of a strategic partnership, and £30 million subscription for shares in Pendragon by way of a non-pre-emptive issuance 
  • Zapp Electric Vehicles, a UK-based, high-performance two-wheel electric vehicle company, on its business combination with CIIG Capital Partners II, a special-purpose acquisition company
  • The sole sponsor and joint financial adviser on EVRAZ’s potential demerger of its metallurgical coal business
  • ReNew Power on its US$8 billion merger with RMG Acquisition Corporation II and subsequent listing on NASDAQ
  • Total SA on its natural gas distribution joint venture with Adani Group, created via Total’s acquisition of 37.4% of Adani Gas Limited, an Indian public company
  • A global financial technology company on its pre-IPO corporate reorganization

Bar Qualification

  • England and Wales (Solicitor)

Education

  • MBA, University of Oxford, 2015
  • BA LLB (Honours), National Law School of India University, 2010

Languages Spoken

  • English
  • Hindi