Jake Keaveny is Head of European Capital Markets and a member of the Global Finance practice.
Jake advises investment banking firms, commercial banks and public and private corporations in capital markets transactions, with a focus on high yield debt offerings and syndicated loans.
Jake regularly works on committed financings related to leveraged acquisitions, which have included the acquisitions of Sunrise Medical (Platinum Equity), Purmo Group (Apollo), Kem One (Apollo), William Hill's European businesses, Flora Food Group (KKR), TDC A/S (MacQuarie), Miller Homes (Apollo), Keepmoat (Aermont), Center Parcs (Brookfield) and Nets A/S (Hellman & Friedman). Jake also works on out-of-court debt restructurings, including debt exchanges and tender offers.
Jake has received numerous recognitions for his work, including as a leading practitioner in the high yield space by Chambers UK, The Legal 500 and IFLR1000. He is a frequent speaker and writer on legal issues in the industry. According to clients, Jake is “collaborative and easy to deal with, focuses on getting transactions over the line and has great transactional experience” (The Legal 500 UK) and “is always available to walk through complex issues” (Chambers UK).
Jake has practiced in a variety of industries, including telecommunications, technology, infrastructure, gaming, retail, healthcare, industrials and leisure.
Education
- Brooklyn Law School, J.D.
- Columbia University, M.B.A.
- Columbia Law School, M.A.
- University of North Dakota, B.A.
Admissions & Qualifications
- New York
- U.K. Registered Foreign Lawyer
Awards & Recognition
The Legal 500 United Kingdom: Finance: High Yield 2024-2025 (Leading Partner, 2025)
Chambers UK: Capital Markets: High-Yield Products 2024-2025
IFLR1000: Capital Markets: High-Yield 2023
Matters
Recent Representations
Prior to joining Proskauer, Jake’s representative matters include advising:
Selected recent European transactions:
- Sunrise Medical: The lead arrangers in connection with the issuance of €815 million of senior secured notes as well as a super senior revolving credit facility to support an acquisition of German-headquartered mobility solutions company Sunrise Medical, agreed to by Platinum Equity.
- Purmo Group: The lead arrangers in connection with the high yield bond financing and revolving credit facility to support the take-private acquisition of Purmo Group, a Finnish headquartered indoor climate solutions provider, by Apollo and minority co-investor Rettig Oy Ab.
- Antolin: The initial purchasers in a €250 million notes offering by Grupo Antolin-Irausa, S.A.U., a Spanish headquartered global provider of components for vehicle interiors.
- Miller Homes: The lead arrangers in connection with an issuance of a £815 million equivalent offering of senior secured fixed and floating rate notes and a £180 million super senior revolving credit facility to support the acquisition of Miller Homes, a leading U.K. homebuilder, by Apollo Global Management.
- Apcoa: The lead arrangers in connection with a €685 million equivalent offering of senior secured fixed and floating rates notes and a €80 million super senior revolving credit facility for Apcoa Parking, a portfolio company of Centerbridge Partners and Europe’s longest-established parking provider headquartered in Germany.
- Kronos International: The dealer manager and lead arrangers in connection with a Euro325 million cross border liability management exercise involving a combined exchange offer/cash tender for the Company’s and new money offering of 9.50 senior secured notes due 2029.
- 888/William Hill: The lead arrangers in connection with the financing to support the acquisition by 888 Holdings plc, one of the world’s leading online betting and gaming companies, of the international (non-US) business of William Hill at an enterprise value of £2.2 billion.
- Kem One: The lead arrangers in connection with the bridge to bond and super senior revolving credit facilities provided to support the acquisition by Apollo Global Management of the Kem One Group, a leading European chemicals producer headquartered in France.
- Urbaser: The lead arrangers in connection with the €2.455 billion credit facilities to support the acquisition by Platinum Equity of Urbaser S.A.U., a global environmental services provider headquartered in Spain.
- Keepmoat: The lead arrangers in connection with the bridge to bond and super senior revolving credit facilities provided to support the acquisition by Aermont Capital of the Keepmoat Homes, one of the largest UK home builders.
- Cerdia: The initial purchasers in connection with a $600 million senior secured notes offering by Cerdia Finanz GMBH, a leading global manufacturer of filter tow products which is owned by Blackstone.
- Ocado: The initial purchasers in connection with a £500 million senior secured notes offering by U.K. online grocery retailer Ocado Group Plc, a leading provider of online grocery fulfillment solutions.
- eDreams: The initial purchasers in connection with a €375 million senior secured notes offering and a related issuance of common stock raising an additional €75 million by eDreams ODIGEO, a leading online subscription company focused on travel with a presence in 45 countries.