Professional Profile
Timothy Mukiti is the Managing Partner at Mukiti Advocates LLP. Prior to founding the firm, he was a Senior Associate in the Corporate practice group of DLA Piper Africa, Kenya (IKM Advocates). He also worked as a tax advisor with KPMG Kenya for close to four years, prior to joining DLA Piper.
His practice focuses on mergers and acquisitions, tax law, venture capital and private equity, intellectual property (IP) and technology law, real estate and conveyancing, data protection, projects and finance, regulatory compliance, including, Central Bank of Kenya and financial regulatory compliance, competition law, capital markets, and general corporate & commercial law advisory.
He has advised both institutional investors and high net worth individuals making investments, as well as target companies receiving funding from investors. Among the scope of work covered includes, transaction structuring, legal due diligence reviews, tax structuring, drafting and review of transaction documents, and the requisite regulatory compliance requirements.
Timothy also advises both buy-side and sell-side clients in M&A transactions, including undertaking legal due diligence reviews, transaction structuring, drafting and negotiating key transaction agreements, advising on regulatory compliance for transactions, and overseeing completion formalities.
He also has significant experience working with competition regulators both in Kenya, and within the Common Market of Eastern and Southern Africa (COMESA).
Please see below some of the transactions Timothy has advised on:
- Part of the team that advised a local bank in the merger in one of the largest bank merger transactions in Eastern Africa. The transaction spanned four jurisdictions, namely, Kenya, Uganda, Tanzania and Rwanda.
- Part of the team that advised for a global company operating in the energy, healthcare technology and aviation on the Kenyan scope of the global reorganization of its business to form three business lines, focused on energy, aviation and healthcare.
- Advised one of the largest global pharmaceutical companies on the East African scope of its global hive off of its generic drugs business, and the merger of the same with another entity.
- Advised one of the largest telecommunications companies with operations spanning multiple countries in East Africa in objecting a tax assessment of more than KES 1 billion from the Kenya Revenue Authority.
- Advised a local company in the fast-moving consumer goods sector in an investment transaction through an acquisition of significant control in the company, by a private equity fund, and merger notification of the transaction to the Competition Authority of Kenya.
- Advised a fund with operations in Kenya, on the local compliance requirements under the Capital Markets Authority regulatory framework for alternative investment funds.
- Acted for a client in the Aviation sector, with operations spanning multiple countries in Africa, in a proposed sale of the business to an investor with broader operations in Europe and the Middle East.
- Advised a business in the financial technology sector in obtaining regulatory approvals from the Central Bank of Kenya, and in complying with the data protection compliance framework in Kenya.
