Allens is acting for leading Australian private equity firm Pacific Equity Partners (PEP) on the $1.167 billion sale of Lifehealthcare to EBOS.
'We again congratulate our long-standing client Pacific Equity Partners on another significant exit, this time in relation to the sale of its Lifehealthcare business, having advised PEP on the initial acquisition in 2018 and numerous bolt-on transactions, both here and throughout Asia, in order to grow its geographical reach, customer base and product range,' said lead Partner Noah Obradovic.
'The acquisition of Lifehealthcare re-affirms the strong demand in the market for high-quality businesses with significant demographic tailwinds supporting future growth.'
The deal is subject to conditions and is expected to complete in 2022.
Allens legal team
Noah Obradovic (lead Partner), Tom Story (Partner), Joy Yoon (Senior Associate), James Nguyen (Senior Associate), Alex Selig (Associate), Daniel Conti (Associate), Sassica Hoolahan (Associate), Karla Hodgson (Associate)
Banking and Finance
Mark Kidston (Partner), Nick Koutsoukos (Senior Associate), Aaron Wong (Associate), Aisyah Farrar (Lawyer)
Sikeli Ratu (Partner), Virginia Dore (Lawyer)
Joel Barrett (Partner), Elliott Burton (Senior Associate), Joshua Chee (Lawyer)
Annabelle Aland (Partner), James Keir (Associate)
Technology, Media and Telecommunications
Phil O'Sullivan (Partner), Claudia Hall (Senior Associate), Caitlin Burke (Lawyer), Dominic Keenan (Lawyer)
Richard Hamer (Partner), Alexandra Moloney (Lawyer)
Anti-Bribery and Corruption Compliance
Andrew Wilcock (Senior Associate), Angela Kittikhoun (Associate)
Philip Marquet (Senior Associate)