Reed Smith hires new leveraged finance partner

Davis, who will start his new role on 18 March, joins the firm following a stint at Travers Smith.

Davis joined Travers Smith as an associate in 2005 and became a partner in 2011. Transactions that he worked on during his time at the firm include the £375m refinancing of Bridgepoint-backed Pret A Manger; the £190m refinancing of Exponent-backed thetrainline.com; and the senior debt financing for Equistone's acquisition of Compleat Food Group – a deal that allowed existing backer LDC to partially exit the business.

In his new role at Reed Smith, Davis will focus primarily on leveraged finance but will also advise on corporate facilities, refinancings and debt restructurings for a client base including private equity firms, financial institutions and corporate borrowers.

Reed Smith has recently advised Sovereign Capital on its £120m sale of UK homecare provider City & County to Graphite Capital in December. The law firm also advised CBPE Capital on its £100m acquisition of French bistro chain Côte Restaurants and provided legal advice to Qualium Investissement on the €10m sale of Tournus Equipement to MML Capital Partners, both of which took place last September.

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