While the industry continues to bounce back following the global financial crisis, private equity and venture capital firms face new challenges in their transactions and fund structuring to ensure portfolio growth and successful exit strategies.

Our private equity team has extensive experience assisting Australian and international private equity firms to achieve their investment goals, and includes lawyers with private equity and leveraged finance experience in the UK and US.

We assist clients at all stages of the investment cycle from early stage venture capital, growth equity, right through to traditional buy out. Our expertise covers a wide range of areas including the establishment of private equity funds, development and expansion, capital investments, MBOs, LBOs and auction sale processes. We also advise on the privatisation of publicly listed companies and the acquisition of interests in existing private equity fund portfolios.

Our hands-on specialists can assist with:

  • fund establishment
  • structuring of private equity investments
  • foreign investment advice
  • undertaking legal due diligence 
  • documenting and implementing transactions, including acquisition and investment documentation and schemes of arrangement
  • devising and documenting management incentive plans
  • negotiating and preparing shareholder arrangements
  • structuring and executing on all levels of the debt capital structure, including senior and mezzanine/holdco debt structures.

Experience

Recent matters

EQT

Acting for BPEA Private Equity Fund VIII (“EQT”) on its acquisition of VetPartners, the leading provider of veterinary and animal health services in Australia and New Zealand (2023).

Advent International

Acting for Advent on 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 (2023).

Potentia Capital

Acting for Potentia in relation to its take-private acquisition of Nitro Software (ASX:NTO), a document productivity software company, in an on–market takeover (2023), its acquisition of Micromine (2018), a mining technology company and to its portfolio acquisitions by Micromine of Precision Mining (2021) and Alastri Holdings (2021), its acquisition of SuperChoice Services (2021), its acquisition of NewBook (2021), its acquisition of Commerce Vision (2021), its portfolio acquisition of Premier Technologies, a payments solution (2020), its acquisition of 100% of PC-EFTPOS (2019) as well as its investment in Soprano Design, a communications platform as a service (CPaaS) operator (2023) and its investment in EstimateOne, a construction tech company (2021).

Archer Capital

Acting in relation to its divestment of V8 Supercars to RACE (2021), its partial divestment of illion (formerly Dunn & Bradstreet) to Macquarie (2020) and its divestment of LCR Group to Qube Holdings (2019).

Liverpool Partners

Acting in relation to its divestment of Biomedx (2023), its acquisitions of Genea Fertility (2022) and Adora (2022), its investment in Baby Village (2021), its acquisitions of Simplyai (2023) and of Melbourne IT Consulting (Seisma) (2020), and the portfolio acquisitions by Seisma of coIB (2020), Smart Apps (2021), Braestone (2021) and Data Addiction (2023), and the portfolio acquisition by Genea Fertility of Fertility SA (2023).

Accel-KKR

Acting for HumanForce, an Accel-KKR portfolio company, on its acquisition of IntelliHRLimited (ASX:IHR), an HR software platform, by way of scheme of arrangement and subsequently by way of a contested takeover bid (2023).

L Capital/ LCatterton

Advised on its acquisition of RM Williams (2013); advised on its acquisition of Seafolly (2014); advised on its acquisition of 2XU (2013).

Insight Partners

Advised on its acquisition of Linktree (2020); advised on its acquisition of Kumo Holdings (2020); advised on the sale of GCC to Virgin Pulse (an Insight portfolio company) (2016); advised on its acquisition of Campaign Monitor (2014).

Anchorage Capital Partners

Advised on the sale by TJS Services to Anchorage Capital Partners (2017).

Bain Capital

Advised on its proposed indirect acquisition of 80% of the securities of OAC Group (2018) and advised Virgin Group on its co-investment in the Bain consortium bid into Virgin Australia airlines (2020).

Battery Ventures

Advised on the acquisition of stake in Learnosity (2018); advised on the acquisition of PageUp from its founders, Accel-KKR Growth Capital Partners and Accel-KKR Members Fund (2019).

Baygrove Capital and Lineage Logistics

Advised on Australian aspects of its acquisition of Emergent Cold as well as its acquisition of five cold storage facilities from Blackstone (2020) .

Brookfield

Advised on its acquisition of ENE.HUB (2018).

JMI Equity

Advised on its acquisition of Serraview Holdings (2018).

Marlin Equity

Advised on its acquisition of HotSchedules (formerly RedBook) (2019).

Matrix Capital Partners

Advised on its PIPE investment into Afterpay (ASX:APT) (2018).

Partners Group

Advised on the acquisition of Pharmaceutical Packaging by PCI Pharma (a Partners portfolio company) (2018).

Quadrant Private Equity

Advised on the sale by Canberra Data Centres to Quadrant (2014).

ROC Partners

Advised on the sale by Macquarie Group of its private markets business to ROC Partners (2014).

SK Capital

Advised on its acquisition of Tasmanian Alkaloids (2016).

People

Recognition

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