Private Equity – Recent experience
Our recent private equity experience includes:
Yellow Pages Group
Advised CCMP Capital (in a consortium with Teachers' Private Capital) on the financing of the NZ$2.24 billion acquisition of Yellow Pages Group from Telecom Corporation of New Zealand.
Franciso Partners
Advised Francisco Partners, one of the world's largest technology-focused private equity funds, on its acquisition of Mincom Limited in a transaction valued at A$315 million.
APN News and Media (APN)
Advised a consortium of Independent News and Media, Providence Equity Partners and The Carlyle Group on its A$3.8 billion bid for APN.
Publishing and Broadcasting (PBL)
Advised a private equity bidder for 50 per cent of PBL's media interests, ultimately acquired by CVC Asia Pacific for $A4.5 billion.
Dun & Bradstreet Australia
Advised AMP Capital Investors and Dun & Bradstreet Australia (D&B Australia) management on their exit from D&B Australia by way of sale to Carnegie Wylie.
CHAMP Private Equity
Advised CHAMP Private Equity on the acquisition of various malting businesses from ConAgra Foods Inc and Tiger Brands.
Symbion Health
Advising Healthscope, as part of a consortium with Ironbridge Capital and Archer Capital, on its A$2.8 billion bid for Symbion Health.
Pallinghurst Resources
Advising Pallinghurst Resources Fund and its co-investors (including AMCI, Investec and NGP) in relation to their successive acquisition proposals (by scheme of arrangement and takeover bid) for Consolidated Minerals Limited.
Boart Longyear
Advised a Macquarie Bank led consortium in its investment in global mining industry services group Boart Longyear and subsequent IPO.
Flight Centre
Advised the Independent Directors of Flight Centre on the proposed privatisation by Pacific Equity Partners (PEP) via an A$1.62 billion scheme of arrangement and PEP's subsequent joint venture proposal.
Terra Firma Capital Partners (Terra Firma)
Advised Terra Firma, a leading European private equity fund, on its sale of Radio Rentals.
Brambles
Advised Brambles on the sale of Cleanaway Australia and New Zealand and Industrial Services Australia to US private equity firm, Kohlberg Kravis Roberts & Co for A$1.8275 billion.
Myer
Advised on the sale of the Myer department stores and Myer Melbourne to a consortium consisting of Newbridge Capital, Texas Pacific Group and The Myer Family Company for A$1.4 billion.
Ospraie
Advised New York-based Ospraie, a commodities and basic industries fund manager, on various share and convertible notes investments in Australian mining companies, OceanaGold, Bluestone Tin and Lynas Corporation.
Trans Tasman Collections (TTC)
Advised TTC, a consortium involving Allco Equity Partners and DB Capital Partners, on the acquisition of Baycorp Collection Services.
CCMP Capital Asia (CCMP)
Advised CCMP, formerly JP Morgan Partners Asia, on the financing of its bid for the A$700 million tissue business of Carter Holt Harvey.
Dyno Nobel
Advised Macquarie Bank on its A$2.2 billion acquisition of Dyno Nobel from Industri Kapital, including the related debt and equity financing, the on-sale arrangements with Orica and the Macquarie Bank exit by way of IPO.
Newbridge Capital
Advised Newbridge Capital, backed by Texas Pacific Group, on its A$1 billion bid for Australian Leisure & Hospitality Group.
Grand Hotels Group
Advised Tuan Sing Holdings on its joint bid with Morgan Stanley Real Estate for Grand Hotels Group, including on the consortium/shareholder arrangements between the joint bidders.
Cornell Captial Partners, L.P. (CCP)
Advised CCP on the provision of equity capital to several companies in Malaysia, Singapore and Hong Kong including Nasioncom Holdings Bhd and United Fiber System Limited.
The Carlyle Group
Advised The Carlyle Group on various confidential bids in the Australian market.
Vista Equity Partners
Acted as Australian counsel to San Francisco-based Vista Equity Partners on the US$240 million acquisition of Indus International.
MPM Capital
Advised MPM Capital, a global healthcare private equity investor, on a proposed investment in an ASX-listed company in the healthcare sector.
Lindsay Goldberg & Bessemer (LGB)
Advised LGB on the Australian law aspects of its acquisition of Fresh Start Bakeries.
Quadrant Capital Funds
Advised on the establishment of Quadrant Capital Funds Nos 1, 2 and 3 (formerly part of Westpac Private Equity).
Parinvest
Acting for Parinvest, a European private equity firm, in the acquisition of an interest in Babcock & Brown Capital.
Bayside Capital
Advised Bayside Capital on the Australian law aspects of its acquisition of Beacon Industrial Corporation.
Pacific Brands
Advised on the funding (via both senior and mezzanine debt) of the A$730 million LBO of the Pacific Dunlop business by the CVC/Catalyst consortium.
ISS Global A/S
Advised ISS Global, who in conjunction with Pacific Services Solutions, a special purpose vehicle formed by DB Capital Partners, acquired Tempo Services for A$202 million. We then advised ISS Global on the subsequent acquisition of DB Capital Partners’ interests in Pacific Services Solutions.
Solution 6
Advised Francisco Partners Management LLC, a US private equity fund regarding asset purchases in Australia and share acquisitions in New Zealand, as part of the worldwide acquisition of the legal and enterprise divisions of Solution 6 Holdings Limited.
Life Sciences Private Equity Fund
Advised a large Australian life sciences fund on the establishment of the fund and trustee/manager completely from start-up.
Tiger Global Management LLC
Advised Tiger Global Management, LLC's U.S. lawyers in the proposed investment in a newly incorporated company established to carry on the business of the Carrick Institute of Education, and on the risks to the operation of the Institute's business as a result of the proposed restructure.
Tuan Sing Holdings
Acted for Tuan Sing, a bidder in partnership with Morgan Stanley Real Estate for Grand Hotels Group, an ASX listed stapled entity.
Macquarie Bank Limited
Acted for the Macquarie Bank led consortium that acquired a majority interest in Boart Longyear for approximately A$1.5 billion.
