Transactions
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.
Advised Atmo Biosciences on its capital raise from Alium Capital Management and Japanese pharmaceuticals giant Otsuka. Atmo Biosciences is a health and medical company inventing a world first solution to accurately profile the gases in the gut, leading to faster, more accurate diagnosis and treatment of gastrointestinal disorders. Deal value $9.6m.
Advised Silk (ASX: SLC) on its acquisition of Australian Skin Clinics for $52m.
Advising on various bilateral asset acquisition facilities with major Australian banks.
Advised T-Ports on a multi-tranche project finance facility for an infrastructure project. Value $50m.
Advised ROC Partners on its acquisition of the Murray River Land portfolio. The acquisition was the foundation asset for the ROC Agri Plus Infrastructure Fund. Deal Value: $120M.
A client involved in a sale process received notification of a regulatory issue which could compromise the transaction and sale value. The resolution included investigation of the issue by our team and submissions made to the regulator with a successful resolution of the issue.
Advised ROC Partners on its acquisition of the Western Rosella Farming Portfolio from the Harvard University Endowment Fund. Deal Value: Undisclosed.
Advised Sydney based private equity fund Roc Partners on its $350m+ competitive takeover bid for the Vitalharvest Freehold Trust (ASX: VTH). The competitive process spanned across a three-month period whereby Roc was ultimately outbid by Macquarie Infrastructure and Real Assets. Kain advised Roc Partners on all aspects of this transaction, including bid strategy, implementation, and funding.