David is a banking and finance lawyer specialising in leveraged, acquisition and corporate finance.
David has significant experience advising on complex syndicated, club and bilateral financing arrangements including domestic and cross border leveraged and private equity transactions, acquisition finance, general corporate finance and debt restructurings.
He has been ranked as a leading Leveraged and Acquisition Finance lawyer in Chambers & Partners since 2017 and as a leading Banking & Finance lawyer in Legal 500 since 2017.
David was previously a senior member of the leveraged finance team of Allen & Overy LLP in London, specialising in cross border private equity transactions.
Work highlights
Potentia Capital
All aspects of its leveraged finance facilities in respect of:
- Nitro Software (ASX:NTO), a document productivity software company, in an on-market takeover
- its acquisition of SuperChoice Services
- its acquisition of NewBook, a property management system business and the IT services business Xtreme.com.au
- its portfolio acquisition of Premier Technologies, a payments solution
- its acquisition of PC-EFTPOS (2019) as well as its investment in Soprano Design, a communications platform as a service (CPaaS) operator.
Eagers Automotive Ltd
Its financing requirements including: its senior bank debt facilities (including recent refinancing and previous support for its off-market takeover of Automotive Holdings Group), its automotive bailment and leasing facilities, its (non-bank) structural debt facilities and transactional facilities.
Lineage Logistics
(Bay Grove Private Equity- US) – on all Australian aspects of its financing for its acquisition of Emergent Cold, comprising US term loan B and asset-backed loan facilities with an incremental loan being raised to partly fund acquisition of Emergent Cold. Advised on the financing for its purchase of five separate cold storage facilities from US private equity group Blackstone.
Advent International
Leveraged financing for its acquisition of a majority stake in the Australian luxury fashion brand ZIMMERMANN, which operates retail stores in Australia, the US, UK, Europe and China, as well as being represented in prestigious department stores and luxury retailers worldwide.
EQT Partners
Acting for BPEA Private Equity Fund VIII (“EQT”) on the leveraged finance facilities for its acquisition of VetPartners, the leading provider of veterinary and animal health services in Australia and New Zealand.
Adelaide Brighton
All aspects of the refinancing of its existing syndicated term and working capital facilities with club bilateral facilities totalling A$900 million.