Philip Round

LLB (Hons), LPC, Director

Head of Financial Services (Transactional and Secured Lending) Dudley

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Philip Round is a Director and Head of Financial Services (Transactional and Secured Lending) at Ansons, leading the firm's financial services team, specialising in transactions within the financial services sector and advice to bridging and development lenders. After training and qualifying at a global multidisciplinary practice, he has advised a portfolio of local and national clients on a wide range of corporate and banking transactions for over 20 years, most recently as a partner at George Green LLP, where he led the banking and structured finance team. He is ranked in Band 2 by Chambers and Partners for Corporate/M&A (SME and owner-managed businesses) in the West Midlands, is recommended by the Legal 500 and has been shortlisted for Partner of the Year at the Birmingham Law Society Awards.

Qualified in 2000Chambers and Partners, Band 2Recommended by the Legal 500

Practice areas

Philip's expertise covers

Advising business owners, managers, investors, borrowers and lenders on corporate transactions, restructurings, governance documents and debt facilities, with a particular focus on the financial services sector and secured lending.

Philip specialises in acquisitions and disposals, particularly in the financial services sector, and in drafting and reviewing investment and shareholder documents for private equity investors and management teams. He regularly works alongside tax advisers on group restructures and corporate demergers.

As head of the secured lending team, he has significant expertise in advising borrowers and lenders on acquisition and development facilities secured on commercial and residential premises. He advises on high value term loan, asset finance, overdraft and revolving facilities, with specific expertise in mezzanine debt, refinancings and syndicated loans, having acted for several national lenders.

His clients range from investment managers with a global reputation to Black Country manufacturers and national lending firms, and include owner managers from local family businesses to household name retailers and healthcare groups. He works across financial services, manufacturing (including pharmaceuticals, food and clothing), banks and secured lenders, with a deep knowledge of transactions in the investment management, IFA and insurance sectors.

Philip is recognised for the technical excellence and pragmatism of his advice and often advises on transactions alongside global firms. His responsiveness and ability to co-ordinate teams of advisers have given him a strong reputation in the short-term lending sector.

Mergers and acquisitions
Corporate restructuring
Shareholder agreements and corporate governance documents
Term loan and overdraft facilities
Secured lending
Financial services transactions
Management buyouts (MBOs)
Private equity investments
Company law advice
Company secretarial

Notable matter types

Company and business acquisitions and disposals, with a sector-specific focus on financial services and pharmaceutical manufacturing
Private equity investments
MBOs, advising management teams on equity incentive arrangements
Term loan and overdraft facilities, specialising in loans secured on real estate portfolios and asset finance
Corporate restructurings, including liquidation and capital reduction demergers, and share buybacks
Complex shareholder and partnership agreements

Feedback

Philip's feedback

What clients say.

Very diligent with an amazing eye for detail.

Client, Chambers and Partners

Always takes the time to understand and address my concerns.

Client, The Legal 500

The team

Corporate and commercial

Meet the people who work alongside Philip. More team videos are on the way.

Meet the whole corporate and commercial team

Director, Corporate and Commercial Emma Rowley

Consultant Paul Bennett

Director, Joint Head of Corporate & Commercial, Compliance Officer for Legal Practice (COLP) Neil Jones

Off the clock

Beyond the brief

Meggie the cavapoo
Philip keeps fit by walking his cavapoo, Meggie (or, more accurately, being dragged along by her).
Grade 8 musician
A classically trained Grade 8 musician, he has performed in concert and competition orchestras, although now he just strums his guitar occasionally (but never in public).
The theatre
He pretends to be highbrow by regularly going to the theatre, preferably to see something serious and slightly depressing. He once sat through an eight-hour play at the National Theatre, which was character-building.