Transactions

Advised Black Box on their acquisition of gsn. Black Box is a wholly owned subsidiary of AGC Networks, a listed Indian IT solutions provider delivering cutting-edge technology solutions and world-class consulting services to businesses around the globe. The acquisition of gsn aligns with Black Box‘s growth strategy and expands its portfolio of products and services across Australia and New Zealand.

Advised SILK Laser Clinics (ASX:SLA) on its proposed acquisition by Australian Pharmaceutical Industries (API) (a subsidiary of Wesfarmers (ASX:WES)) by way of scheme of arrangement for approximately $180m.

Advised KeyInvest on its strategic acquisition of a 50% stake in Keystone Capital as well as KeyInvest’s associated Capital Notes raise (its inaugural capital markets issuance).

Advised 24/7 Fuels on the sale of their business to Greenwich Capital Partners and Conplant Pty Ltd. 24/7 Fuels was established in 2016, delivering fuel, lubricants, and storage tanks to major infrastructure projects across NSW. The new owners plan to expand 24/7 Fuels’ fleet, diversify into blended fuel products and take the business to new markets across Australia.

Advised Complexica on its acquisition of Wave Systems, a leading ports and logistics software vendor. Wave Systems specialises in the development of software systems and solutions for the maritime, transportation and logistics industry.

Advised Complexica on their latest capital raise by way of the issue of shares to Acorn Capital Ltd. Acorn Capital Ltd’s $6.5 million investment will be used for expansion and M&A purposes, putting Complexica in a fantastic position for growth this year and beyond.

Advised the shareholders of Craig & Rhodes Pty Ltd on their share sale to Colliers Engineering & Design. This transaction will accelerate Craig & Rhodes Pty Ltd’s growth, allowing for successful delivery of large and complex projects, while better serving their clients with additional capabilities.

Advised Boost Lab Co. on its $5 million series B capital raise and the merger with tbh Skincare. Boost Lab Co. and acne specialist tbh Skincare, separately operating within York Street Brands, will continue to grow their respective skincare markets in Australia and offshore, incorporating new sales channels and product development.

Advised Atmo Biosciences on their $8 million capital raise. The funding will support a forthcoming multi-site pivotal study for an initial U.S. Food and Drug Administration (FDA) submission around the use of Atmo’s gas-sensing capsule to assess gastrointestinal motility. It will also help progress Atmo’s broader clinical portfolio, particularly a pilot study for small intestinal bacterial overgrowth (SIBO).

Advised Jon Gilbert on the sale of his 50% shareholding of Australian Green Clean.

Advised Ahrens on the acquisition of Taylors Engineering and Welding Services. This transaction complements Ahrens’ existing divisions and will further bolster their national engineering and maintenance offering.

Advised Kelsian Group Limited (ASX:KLS) on their US$325m (~A$487m) acquisition of All Aboard America! Holdings Inc. (AAAHI) and the associated A$281m capital raising by way of accelerated non-renounceable entitlement offer and placement. This transaction marks Kelsian Group Limited‘s entry into the USA market through an established operator, and further diversifies Kelsian Group Limited’s multi-modal operations across four countries.