Niro Ananda is a leading corporate advisory and M&A lawyer based in Sydney, with over 20 years of experience. Specialising in private equity, he guides financial sponsors and their portfolio companies through complex transactions, including private and public M&A, securities offerings, and capital restructures.
He acts for prominent Australian and global financial sponsors such as Pacific Equity Partners, Intermediate Capital Group, and Bain Capital, as well as portfolio companies including Heathe Care, Magentus Group, Cranky Heath, UP Education, and SCF Group. His work spans a wide range of sectors, including technology, healthcare, industrials, and consumer products, covering the full spectrum of private equity acquisitions and divestments.
Renowned for his commercial expertise, Niro is consistently recognised by various independent legal publication, including Chambers Asia Pacific, Who’s Who Legal, The Legal 500 Asia Pacific, IFLR1000, and Best Lawyers as a top-tier lawyer. He was also named “Private Equity Lawyer of the Year” by Best Lawyers in 2023.
Niro's work highlights include:
- Pacific Equity Partners: on a number of its investments, including the corporate carve out of Freight Management Holdings from Singapore Post (and subsequent acquisition of AFS Logistics), the acquisition of Cranky Health (Man/Lady Shakes business), Healthe Care surgical acute care business, The Citadel Group and Genie Solutions) as well as its take private offers for Village Roadshow and ReadyTech.
- Intermediate Capital Group: on various transactions including its investment in SuperChoice, the acquisition, and subsequent disposal, of Cura Day Hospitals, the sale of its investment in SCF Containers and the acquisition of RSEA from CHAMP Ventures.
- The Flynn Group: advised on its acquisition of the Pizza Hut Australian franchise business from Allegro Funds.
- Velocity Vehicle Group and The Cranemere Group: on the acquisition of the Daimlers Trucks business from Eagers Automotive.
- Bain Capital (Private Equity): on its acquisition of MYOB, as well as the subsequent IPO of MYOB. Niro also advised MYOB on the A$2 billion take private by KKR & Co.
- Intellihub: on its acquisition of WINConnect and subsequent disposal to Origin Energy
- Emergent Cold (and its financial sponsor, Elliot Management): on the acquisition of the Swire Cold Storage business and subsequent bolt on acquisitions, as well as the disposal of the Emergent Cold Australian business to Lineage Cold Storage.
