Mallesons Stephen Jaques has acted for Catalyst's portfolio company Global Television (GTV), an Australian based provider of outsourced television production services, on their acquisition of Cutting Edge's outside broadcasting business and simultaneous refinancing of GTV's existing debt facilities.
The merged outside broadcasting business now gives GTV an expanded fleet of High Definition (HD) outside broadcast trucks – ranging from small, six-camera vans to HD supertrucks that accommodate up to 35 production and technical operators.
The Mallesons team was led by M&A partner Lee Horan and senior associate Ryan Thorne, who were supported by solicitors Peggy Ching, James Yao and law graduate Iris Eow. Finance partner, Richard Hayes, and senior associate Andrew Maynes, led the banking team which included solicitor Will Stawell and law graduate Sarah Hickey.
Lee Horan said: "We were delighted to be involved in this significant deal for Catalyst and GTV. We were involved in all aspects, from structuring, tax, competition, corporate and finance. The whole team worked seemlessly together which is one of the great strengths of Mallesons."
Richard Hayes added: "This was an exciting and challenging acquisition financing transaction with many moving parts, requiring the co-ordination of team members from our Banking, M&A and Tax teams in our Sydney, Melbourne and Brisbane offices to effect a successful completion."
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