Transactions

A shareholder left our client company and started a business in competition with our client in breach of the restraints in their employment contract and shareholder agreement. We negotiated agreement to a 2 year restraint without commencement of litigation. 

Advised Customs Agency Services, South Australia's largest international freight forwarding and logistics provider, on its business sale to Australasian end-to-end supply chain giant Mondiale VGL. Deal value undisclosed. 

Advised Complexica on its minority sale to Flinders Ports Holdings. Complexica is a leading provider of AI software for supply chain optimisation. The investment and collaboration by Flinders Ports allows Complexica to develop next-generation SAAS applications for ports globally. Deal Value $5m.

Advised 14 Total Tools franchisees on their majority sales to Total Tools Holdings.

Advised social impact investment fund Light Warrior on a multi-tranche facility for project finance investment in solar power projects. Deal Value Undisclosed.  

Dispute Type: Ownership Dispute. Our clients’ former business partner commenced complex legal proceedings against our clients seeking to be paid profits in a property development of around $1 million. We successfully executed a dual litigation/mediation strategy, leading to a favourable negotiated outcome for our clients at mediation. The resolution saw the business partner end the legal proceedings and our clients pay around only half of the claim against them, as well as avoiding at least $500,000 of legal costs that our clients would have incurred in defending the proceedings.

Advised security door manufacturer Best Doors on the sale of Best Doors and Reliance Doors to international security door and Swiss listed company, Dormakaba. Value undisclosed. 

Advised Corval Group’s food, beverage and agricultural arm on its acquisition of gourmet foods producer MaxFoods Pty Ltd. Deal value undisclosed. 

Advised the Supercars Teams on the sale of their interests in V8 Supercars Australia to RACE and their new racing charters. Deal Value Undisclosed.

Advised the owners of Total Drain Cleaning on its capital raise, sale and shareholder arrangements with leading Sydney mid-market equity firm Quadrant Private Equity ($3.6bn FUM).

Advised Ansarada (ASX: AND) on their acquisition of Triline GRC. Ansarada are a worldwide SAAS company providing platforms used in deal & transaction management, board management, compliance and procurement. Triline GRC is a governance, risk and compliance SAAS solution. Deal value $5.2m.

Advised the Silk Group on a syndicate facility with a major Australian bank. The facility included a facility to fund an acquisition and working capital. Value $36m.