Ray's love of connecting with people has remained a constant throughout his long and vibrant career at Osborne Clarke. After eight years as our Managing Partner in the UK, he is now based in the US where he is supporting our US clients with their international strategy.
Ray is passionate about helping organisations to shape their future. When working with clients, Ray's approach is authentic and straightforward. He brings energy, creativity and an open mind. For him, listening is the foundation of the work we do and he is an advocate of looking at life from the client's perspective as a starting point for legal advice.
The years Ray spent in our senior leadership team gave him first-hand experience of what it takes for a business to succeed. He understands sustainable growth, the challenges of change and the importance of looking ahead.
Ray's career started in corporate law. During his 30-plus years as a lawyer, he acted on mergers and acquisitions, demergers, equity issues, joint ventures and corporate reorganisations. Much of his work was for clients in the technology, media and communications sector, with a significant number of cross-border deals throughout Europe, North America and Asia.
Diversity and inclusion are subjects close to Ray's heart, with a particular focus on social mobility. He is known for driving initiatives that make sure that every single person has the opportunity to succeed.
In 2022, Ray was awarded Management Partner of the Year at The Legal Business Awards and he was also recognised in The Lawyer's Hot 100 list. His commitment to promoting diversity and inclusion has been acknowledged by Management Today as an “Agent for Change" and an OUTStanding HERoes Top 40 Advocate Executive.
As a client I have known Ray Berg for 20 years. The attributes that meant I kept going back to him then are what I still see in him today: adaptability and pragmatism, an openness to new ideas and ways of doing business, and a refreshing lack of stuffiness; a clear-sighted commerciality, financial awareness and understanding of how business really ticks; a complete lack of pomposity – he wears his excellent intellect lightly.
Helping you succeed in tomorrow's world
Osborne Clarke's three-dimensional strategy is about change. It responds to global mega-trends that are transforming the world and the way we do business. We know that things develop very quickly, so what you knew yesterday may not be relevant today.
My job is to facilitate our clients' growth, by helping their individual and corporate development, so they can meet the future with confidence. I do this by listening first because it's the only way to really understand how I can help. Every person and every business is different, and my approach is to nurture this. Feeling free to do it your way is so important; I truly believe that being bold and brave creates opportunity.
Advised on a £90m recommended acquisition by Kinetic Bidco Limited.
Advised on the sale of Redstone's fixed line telecoms business to Daisy Communications and Redstone's subsequent fundraising.
Advised on an agreement to acquire Comunica Holdings Limited for up to £22m.
Advised on the proposed acquisition of IDN Telecom plc for an approximate value of £11.8m.
United Business Media
Advised on several acquisitions, including Route Development Group from its private shareholders on behalf of UBM Aviation for £9.3m.
Advised on a series of fundraisings, the last being a £8.5m fundraise with approximately £6m coming from new investor Highland Capital and the balance from existing investors, Eden, Notion and MMC.
The Television Consultancy
Advised on a buyout by ISIS Equity Partners for £10m.
Advised on its acquisition of the outstanding 50% stake of its Canada Newswire JV from its partner the Press Association for £30.1m.
United Business Media
Advised in relation to its acquisition of Ithaca Holdings Ltd for £14.25m.
React & Recover Medical Group
Advised on its sale to Quindell Portfolio plc, the acquisitive AIM-traded technology and outsourcing group, for £13m via a mixture of cash and shares.
Advised on the sale of its telecoms and mobile divisions to Daisy Telecoms Limited for a consideration of £17m.
Advised on its agreements with Manwin relating to its TV and online businesses.
Advised the shareholders of medico-legal cloud technology specialist iSaaS Technology Limited on its sale to Quindell Portfolio plc, the acquisitive AIM-traded technology and outsourcing group, for a mixture of cash and shares.
Kennet Partners and Fidelity Growth Partners Europe
Advised on their acquisition of and investment into environmental and health & safety software provider Rivo Software.
Advised on its £103m recommended acquisition by Kinetic Bidco Limited, an investment vehicle indirectly owned by the Francisco Partners Funds.
Advised on its sale to Cello.
Advised on its fundraising and M&A activity.
Advised on its acquisition of financial PR specialist Merlin Financial Communications.
Advised on its acquisition of Enara Group Limited, the UK’s fourth largest provider of home care services, for £110.8m.
Corporate Travel Management (CTM)
Advised on acquisition of Chambers Travel.
Advised on acquisition of a majority stake in Source Eight Limited (Source 8).
Advised NewVoiceMedia on its US$50m fundraising.