Duale Ovia & Alex-Adedipe

Nigeria

IFLR1000 Reviews

Financial and corporate

Duale Ovia & Alex-Adedipe is a commercial law firm based in Lagos Nigeria.

Focusses / specialisms

The firm has a focus on banking, debt and equity capital markets, M&A and project finance. Within these areas the firm has a focus on financing transactions.

Key clients

The firm has developed relationships with the Prestige Insurance, Dorman Long Engineering, Reliance Health, BMCE Bank International Lagos State Government, Chinese Development Bank, Parthian Partners, Alinea Ventures Partners, Spontalis Ventures Partners, Drosk Company, Life Bank Technology and Logistics Services, Solad Integrated Power Solutions, Connected Analytics, Arca Payment, Reliance HMO, Prestige Insurance, Duport Midstream Company, Zrosk Investment Management, and OxygenHub International

Research period review: 33rd edition (2023/2024)

During the research period, the firm was active in banking, debt capital markets, M&A, and project finance.

In banking the firm worked on loans and financings mostly for lenders in the banking and financial services sectors.

In debt capital markets the firm advised issuer in the financial services sector with bond issue.

In M&A the firm worked on financial investments and acquisitions for acquirers and sellers in the healthcare, transport, financial services, oil and gas, and technology sectors.

In project finance the firm worked on financings for clients in the real estate and financial services sector.

Deal highlights: 33rd edition (2023/2024)

Alitheia IDF Fund $5 million acquisition of Wemy Industries

Dorman Long Engineering $25 million acquisition of Dorman Long by Africa Capitalworks

Drosk Company N200 million acquisition of Nord Automobile

 

Client Feedback: 33rd edition (2023/2024)

 

Capital markets : Debt

“They are effective, Turnaround time is fast, they are thorough with their work, easily accessible.”

 

Investment funds

“They are very professional and knowledgeable in their approach to business. DOA understands our business and they display exceptional knowledge of the law that regulate our business and pay attention to every detail.”

 

Project development

“Very hands on approach. The staff are calm and reassuring and they keep to deadlines. They never seem tired and are always willing to go above and beyond. Their Partners are also never shy to step in when needed.”

 

Adeleke Alex-Adedipe

“He is very professional and knowledgeable in his approach to business. He understands our business and displays exceptional knowledge of the law that regulates our business and pays attention to every detail.”

 

Simisola Eyisanmi

“Knowledge of the industry.”

 

Melody Ibegbulam

“Good turnover time, good communication.”

 

Tomiwa Ogunbanwo

“Tomiwa stays committed to the completion of tasks. He communicates challenges if/as they arise and strives to provide the best protection to the Client when drafting agreements.”