CVC Asia Pacific’s acquisition of 65% of the Stella Group
We acted for CVC Asia Pacific in its successful acquisition of a 65% stake in the Stella Group, the travel and hospitality business of MFS Limited and the formation of a joint venture with MFS to operate the business. The business operates in Australia, New Zealand, the United Kingdom and South Africa.
Gresham Private Equity’s acquisition of Barminco
We acted for Gresham Private Equity in its largest portfolio investment to date through its acquisition of Barminco Limited, a leading underground hard rock mining services business primarily based in Perth, Western Australia.
Acquisition by CVC Capital Partners and CVC Asia Pacific of PBL Media
We acted for CVC in its successful bid for a 50% stake in PBL's key media assets (closed February 2007). This was the first major media deal with private equity in anticipation of the reforms of foreign and cross-border media rules.
Catalyst Investment Managers P2P of Global Television Limited
We acted for Catalyst Investment Managers in its successful A$46 million takeover bid for Global Television Limited (completed February 2007). This was Catalyst's second public to private transaction and its first investment in the media industry.
P2P of Veda Advantage by PEP and Merrill Lynch Global Capital Private Equity
We advised Veda Advantage in the $800 million public to private by PEP and Merrill Lynch.
Veda is the leading supplier of data based business intelligence services, including credit related decision support services, in Australia and New Zealand.
Airline Partners Australia’s takeover bid for Qantas
We advised Airline Partners Australia consortium on its A$11.1 billion takeover bid for Australia’s national airline Qantas. The deal was the largest private equity deal ever attempted in Australian corporate history.
CHAMP’s NZ$385 million acquisition of Blue Star Print Group
We advised CHAMP Private Equity on its NZ$385 million purchase of privately owned Blue Star Print Group Limited. Blue Star Print Group is a leading diversified print and related services business with operations throughout Australia and New Zealand. This was CHAMP Private Equity’s first acquisition of a New Zealand owned business.
KKR acquisition of BIS Cleanaway from Brambles Industries Limited
The acquisition represented KKR’s first acquisition in Australia and was also the largest private equity leveraged buyout in Australia at the time.
We advised KKR on the financing of the A$1.83 billion acquisition. Mallesons also advised on the issue of A$160 million of listed retail subordinated notes issued in connection with the acquisition.
KKR divestment of Cleanaway business and recapitalisation of BIS Industries Limited
The A$1.25 billion divestment of KKR’s interest in the Cleanaway business to Transpacific Waste Management Pty Limited came only 10 months after it was acquired from Brambles. KKR continues to maintain its remaining interest in the mining and energy services business of BIS Industries Limited.