Mergers & Acquisitions

 
Our mergers and acquisitions team is widely recognised for their awareness and appreciation of the value drivers and range of issues arising out of M&A transactions. Our in-depth understanding of medium to large enterprises, and the regulatory framework in which they operate, enables us to provide real value when advising on divestments or acquisitions for between $5 million and $250 million. Given the complexity and importance of these transactions, our team of leading corporate advisors draw on their broad experience and expertise in a complete range of practice areas in order to develop innovative business structures that meet our clients’ commercial objectives.

Independent and tailored service

We are a leading independent law firm, committed to delivering outstanding technical and commercial services in relation to all aspects of public and private M&A. Our focus is on understanding our clients’ businesses, and we know the importance of tailoring our advice and guidance to the unique and important features of each individual transaction.

Industry focus and expertise

We have built strong industry connections, and understand the complex range of issues that our M&A clients face when undertaking corporate transactions. Our M&A team has particular expertise and experience in key industries, including technology and digital economy, financial services and insurance, health and community, and the public sector.

Collaborative approach to M&A

We pride ourselves on the firm’s collegial culture. In the context of M&A deals, we cover all services required for successful transactions, including corporate and commercial, property, tax, FIRB (foreign investment approvals), intellectual property, competition law, banking and finance, employment law and migration.

Smarter Law

We are renowned for our Smarter Law approach. We look beyond the status quo to think differently and find efficient solutions that are optimal for the particular circumstances of each client. We are constantly challenging existing business models, implementing forward-thinking technological solutions and engaging in creative resourcing.  For M&A transactions, this means getting the deal done faster, cheaper and better.

Extensive corporate network

Our strong networks with corporate advisors and other M&A professionals throughout Australia means that we are able to facilitate broad-ranging strategic advice in order to get transactions completed efficiently. These local connections are coupled with extensive international relationships that also enable our M&A team to act for multinational clients with Australian interests.

Our recent deals

Advised Lumi Interactive, an Australian female-founded team of game developers, on its US$6.75 million (approximately A$9.76 million) series seed priced equity capital raise round.

Advised Deluxe Small Business Sales, Inc., a wholly owned subsidiary of NYSE-listed Deluxe Corporation, on the sale of all its shares in Hostopia Australia Holding Co Pty Ltd to Newfold Digital, Inc.

Advised UK-headquartered international architectural practice Weston Williamson + Partners on the Australian aspects of the company’s sale to major consulting and engineering group Egis.

Assisted German headquartered Putzmeister Group on their acquisition of Australian-based CPE Machinery.

Advised the shareholders of the Focus on Furniture group on its $80 million sale to Adairs Limited.

Advised the shareholders of DGIT Systems on their sale of the business to CSG International, a global business support systems provider.

Advised leading essential oil supplier Australian Botanical Products on its acquisition by IXOM, a multinational water treatment and chemical distribution company.

Advised leading international medical technology consultancy PharmaLex GmbH on its acquisition of a majority interest in Australian health science consultancy Brandwood CKC.

Advised sports video game maker Big Ant Studios on its €35 million acquisition by French-based company Nacon SA.

Advised the founders of tree asset management software business ArborSafe Australia on their sale to Civica, a global company building smart software that helps improve public services.

Advised Earth Rules, a subsidiary of Tata Consumer Products, on the divestment of its MAP out-of-home coffee business in Australia.

Advised Maggie Beer Holdings on its $40 million acquisition of e-commerce company Hampers & Gifts Australia.

Advised Channel Capital, an Australian investment management company servicing more than A$16 billion in assets, on an investment in it by Kudu Investment Management, LLC.

Acted on its acquisition of Melbourne-headquartered ultra-high net worth financial adviser Escala Partners.

Advised Keg Services Pty Limited on the sale of all the company’s shares to Konvoy Holdings Pty Ltd.

Advised the co-founders of startup Quad Lock, on the sale of a majority interest in their company to Quadrant Growth Fund.

Advised on its investment in Australian luxury skincare brand Rationale. AmorePacific is the world’s 12th largest cosmetics company and this was its first investment in an Australian brand in the Australian market.

Advised German company Sto Group on its acquisition of Unitex, an Australian manufacturer and distributor of building products for residential and commercial architectural products.

Baxters Food Group

Advised this international food manufacturing business, headquartered in Scotland with operations in the UK and internationally, including in Australia. We have acted for Baxters in three acquisitions in Australia.

IAG

Acted as lead external counsel in the sale of Lumley Retail Warranty business.

Aon

Acted on the strategic acquisition of a large specialist insurance brokerage, which involved the acquisition of the issued share capital in the target entity.

Sealed Air Corporation

Acted on the Australian aspects of the sale of its Diversey Care division. The global value of the deal is US$3.2 billion.

Deus Ex-Machina

Acted on the Australian aspects of the acquisition of equity of an Australian Motorcycle and Clothing company.

Calliden Group Limited

Acted on its acquisition by way of a members’ scheme of arrangement worth approximately A$105 million involving ASX-listed insurance firm, Steadfast Group Ltd, and Munich Re.

CHG Meridian AG

Acted in its acquisition of the technology fleet management business formerly owned by Commonwealth Bank and the business’s founders.

iX Biopharma

Acted for this Singapore-based company in the sale of its subsidiary Chemical Analysis Pty Ltd to Eurofins Australia New Zealand Holdings, the subsidiary of a European-listed provider of food, environment and pharmaceutical product.

Awards and recognition

The Legal 500 Asia Pacific 2021 and 2022

Corporate and M&A

The Legal 500 ASIA Pacific Leading Firm 2022
 
 
MergerMarket Australia M&A Awards 2020

Winner – M&A Collaboration of the Year

Mergermarket

Key contacts

Ed Paton

Partner & Head of SE Asia Practice

Ed advises on mergers and acquisitions, with a focus on mid-market deals, distressed M&A and inbound international transactions.

Oliver Jankowsky

Partner & Head of International Practice

Head of International / Member of European desk

Oliver is a corporate and commercial lawyer, with particular expertise in advising foreign clients on cross-border transactions.

Jacqui Barrett

Partner & Head of US Practice

Jacqui assists clients with mergers and acquisitions, corporate structuring, capital raisings and managed investment schemes.

Christopher Brown

Partner & Head of UK Practice

Chris advises on public company takeovers and private M&A deals; business and share sales, equity investments and joint ventures.

Related thinking

Mergers & Acquisitions| 10 May 2022

Financial Services in Focus – Issue 66

In this edition, we consider a case handed down about breaches of AFSL obligations due to poor cybersecurity practices, and APRA’s expectations in relation to crypto-assets, proposed amendments to the ASX Listing Rules, and much more.

Mergers & Acquisitions| 08 Apr 2022

Financial Services in Focus – Issue 65

In this edition, we consider the new CCIV regulations, the Senate’s disallowance of proxy advice regulations, consultations on changes to the takeovers laws, and much more.

Mergers & Acquisitions| 07 Apr 2022

FIRB rule changes relating to moneylending agreements and unlisted land entities

The Federal Government has amended the Foreign Acquisitions and Takeovers Regulation 2015 (Cth) to clarify certain aspects of the foreign investment framework and streamline the processing of less sensitive investment types.

Mergers & Acquisitions| 23 Feb 2022

Financial assistance: time to say ‘goodbye’

The current financial assistance regime in the Corporations Act, despite all good intentions, rests on a law which has failed to connect with its main policy objectives.