Recent Transactions

22-Jun-21
Pending
$8.2 billion
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Target: 

Milton Corporation

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Acquiror: 
Washington H. Soul Pattinson

Adviser to Milton Corporation on its merger with Washington H. Soul Pattinson effected via scheme of arrangement

27-May-21
$1.4 billion
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Target: 

Equiniti Group PLC

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Acquiror: 
Siris Capital Group LLC

Advised Siris Capital, a private equity firm focused on the technology sector, on its recommended 180p cash offer for Equiniti Group PLC, a technology-led services and payments specialist

11-Feb-21
Undisclosed
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Target: 

Alumisource Corporation

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Acquiror: 
Sims Limited

Advised Sims Limited, a global leader in metal recycling and electronics recovery, on the acquisition of certain commercial and operating assets of Alumisource Corporation

28-Oct-20
Undisclosed
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Target: 

Easton Investments Limited

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Acquiror: 
HUB24 Limited

Advising HUB24 Limited (ASX: HUB), a leading specialist investment platform provider, on its proposed acquisition of up to 40% in Easton Investments Limited (ASX: EAS), a leading provider of wealth and accounting solutions. The transaction also included the divestment of HUB24’s subsidiary, Paragem, to Easton

10-Sep-20
$195 million
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Target: 

Saga plc

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Acquiror: 
Sir Roger De Haan

Advised Sir Roger De Haan on his cornerstone investment of £100mm in Saga, the UK provider of products and services exclusively for the over 50s, as part of its £150m equity raise

03-Mar-20
$NA
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Target: 

Formation of an incorporated joint venture

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Acquiror: 
BBI Group

Advised Flinders Mines, an ASX-listed mining exploration and development company, on the formation of an incorporated joint venture with BBI Group, providing a structure for the potential integrated financing and development of Flinders’ Pilbara Iron Ore Project and BBI Group’s Balla Balla rail and port infrastructure project

14-Jan-20
$537 million
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Target: 

Hycroft Mining Corporation

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Acquiror: 
Mudrick Capital Acquisition Corporation

Advised Hycroft Mining Corporation, a US-based, gold and silver producer operating the Hycroft mine located in Northern Nevada, on the sale of substantially all of its assets to Mudrick Capital Acquisition Corporation

18-Sep-19
$NA
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Target: 

CME Group Inc.

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Acquiror: 
Bursa Malaysia Berhad

Advised CME Group, Inc., the operator of a leading global derivatives marketplace, on the structured sale of its 25% equity stake in Bursa Malaysia Derivatives Berhad to Bursa Malaysia Berhad

23-Aug-19
$NA
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Target: 

TT International

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Acquiror: 
Sumitomo Mitsui Financial Group, Inc.

Advised TT International, a leading independent asset management firm focused on managing high alpha, high conviction active management strategies for institutional investors, on its sale to Sumitomo Mitsui Financial Group, Inc.

16-Jul-19
$NA
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Target: 

M&T Bank's Ownership Interest in Cramer Rosenthal McGlynn

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Acquiror: 
Cramer Rosenthal McGlynn Management

Advised M&T Bank on the sale of its ownership interest in Cramer Rosenthal McGlynn to the company's management team

28-May-19
$25.0 billion
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Target: 

Total System Services, Inc. (TSYS)

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Acquiror: 
Global Payments Inc.

Advised Total System Services, Inc. (TSYS), a provider of payment processing, merchant services and related payment services, on its merger with Global Payments Inc., a payment technology company focused on merchant acquiring and software solutions

02-May-19
$545 million
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Target: 

Kidman Resources Limited

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Acquiror: 
Wesfarmers

Advised Kidman Resources, an ASX-listed hard rock lithium mining company, on its sale to Wesfarmers, one of Australia’s largest diversified listed companies

19-Mar-19
$NA
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Target: 

BT Advice

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Acquiror: 
Viridian Advisory

Advised Westpac, the third largest company in Australia by market capitalization, on its exit of BT Advice and the sale of select assets to Viridian Advisory

12-Nov-18
$84 million
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Target: 

AUB Group Limited

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Advised ASX-listed AUB Group, a leading insurance intermediary business operating a network of over 100 insurance brokers and underwriting agencies across Australia and New Zealand, on its fully underwritten entitlement offer to raise A$116mm

01-Nov-18
$NA
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Target: 

Long-term lithium hydroxide offtake agreement with Mitsui & Co.

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Acquiror: 
Kidman Resources Limited

Advised Kidman Resources Limited, an ASX-listed hard rock lithium mining company with a 50% interest in the West Australian Mt. Holland lithium project, on a lithium hydroxide offtake agreement with Mitsui & Co., a leading global marketing and trading conglomerate based in Japan. The agreement is for an initial term of two years, plus two 2-year term extension options

24-Oct-18
$115 million
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Target: 

US$115mm Debt Facility from SQM

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Acquiror: 
Kidman Resources Limited

Advised Kidman Resources Limited, an ASX-listed hard rock lithium mining company with a 50% interest in the West Australian Mt. Holland lithium project, on a US$115mm debt facility provided by JV partner Sociedad Quimica y Minera de Chile S.A. (SQM), a leading global lithium producer

28-Sep-18
$NA
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Target: 

Blue Sky Alternative Investments Limited

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Acquiror: 
Oaktree Capital Management L.P.

Advised Blue Sky, an ASX-listed diversified alternative assets manager, on its response to an activist short-seller campaign, strategic review of recapitalisation options, and receipt of a A$50mm long-term capital investment by Oaktree via a 7-year senior secured convertible loan note facility

09-Aug-18
$1.2 billion
Target: 

Martabe gold and silver mine

Acquiror: 
PT United Tractors Tbk

Advised EMR Capital, a specialist resources private equity manager, on the sale of the Martabe gold and silver mine to United Tractors

08-Aug-18
$538 million
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Target: 

Suncorp Group Limited’s Australian Life Insurance Business

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Acquiror: 
TAL

Advised TAL, Australia’s largest and leading insurance business that is 100% owned by Dai-ichi Life of Japan, on the acquisition of Suncorp Group Limited’s Australian Life Insurance business

26-Jul-18
$NA
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Target: 

Walmart (Credit Card Assets)

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Acquiror: 
Capital One Financial Corporation

Advised Walmart Inc. on its new, long term credit card program agreement with Capital One Financial Corporation

17-May-18
$NA
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Target: 

Long-term lithium hydroxide offtake agreement with Tesla, Inc.

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Acquiror: 
Kidman Resources Limited

Advised Kidman Resources Limited, an ASX-listed hard rock lithium mining company with a 50% interest in the West Australian Mt. Holland lithium project, on a lithium hydroxide offtake agreement with Tesla, Inc., a global leader in electric vehicle, energy storage and solar panel design, development and manufacturing. The agreement is for an initial term of three years on a fixed-price take-or-pay basis and contains two 3-year term renewal options

22-Jan-18
$375 million
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Target: 

Lonmin

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Advising Lonmin PLC, a major fully integrated producer of Platinum Group Metals, on the amendment of its debt facilities to support the review and implementation of its strategic options

18-Dec-17
$1.1 billion
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Target: 

Cayan, LLC

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Acquiror: 
Total System Services, Inc.

Advised Total System Services, a provider of payment processing, merchant services and related payment services, on acquiring Cayan, a payment technology company focused on integrated solutions and merchant acquiring

08-Dec-17
$NA
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Target: 

London & Country Mortgages Limited (“L&C”)

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Acquiror: 
Experian plc

Advised Experian plc, the world’s leading global information services company, in connection with the acquisition of a 25% stake in L&C, the UK’s largest fee free mortgage adviser

13-Jul-17
$1.5 billion
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Target: 

L.L.Bean (Credit Card Assets)

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Acquiror: 
Citibank, N.A.

Advised  L.L.Bean Inc. on a strategic alliance relating to its credit card business with Citibank, N.A.

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