Private Equity

Whether it's a management buy-out, an acquisition, a new private equity fund, a secondary sale or other exit, our intimate knowledge of the Australian private equity industry and our capacity to see all sides of transactions enables everyone's concerns to be put into their true commercial and legal context.

We believe that each transaction needs a legal team that can deliver the right balance of skill, experience and personal touch. At HDY, our core PE team sits in our Corporate Advisory Group and, as required, brings in specialist advice, such as employment, taxation, intellectual property and finance.

Experts in our field

As experts in our field, we are relied upon for our ability to actively monitor the market and to apply our private equity experience to advise on potential investments. Wherever possible, we look to identify proprietary opportunities to deploy funds to avoid the pressures of public auction pricing.

Our experience in advising many industry participants is the source of our in-depth knowledge and clear understanding of the key issues private equity firms face across all market conditions. During the tough times, we work with our clients to help them prepare for the upturn and to ensure they maintain and nurture their portfolio investments so they can be well-positioned to achieve a quick exit when recovery prevails. We also help them to source appropriate terms from financiers particularly when the depth of competition has decreased.

Whether investors, investees or fund managers, clients rely upon us to understand their precise investment needs. We work closely with them on all aspects of private equity investment including:

• establishing and managing private equity funds
• negotiating, structuring and documenting terms for private equity investments, acquisitions and buy-outsadvising management on issues during buy-outs and other sales, and
• giving advice to portfolio companies on acquisitions, restructuring and compliance; and trade sales, IPOs, sales to management, secondary sales and other exit routes.

Wolseley Private Equity

We helped Wolseley on recent acquisitions in the aviation sector.

Perpetual Limited

We advised Perpetual on its role as trustee for Champ MBO fund which exited its investment in subscription television provider, Austar, through a $576 million overnight placement to sophisticated investors in the US.

Quadrant and Venture Capital Partners

We assisted Quadrant and Venture Capital Partners (out of more than 30 exiting shareholders) on the disposal of Onerail shares to Spanish firm, Amadeus.

Flat

We helped Flat Pty Ltd, an IP commercialisation venture, to secure $5million development equity from a Melbourne-based investment entity.

Global Television Limited

We acted for ASX-listed company Global Television Limited and advised its independent directors on the $46 million off-market takeover by Catalyst.

Iris Capital

We advised Iris Capital on its investments in the Black Stump, Wellbeing and Chili's restaurant and catering businesses.

Venture Capital Partners

We worked with Venture Capital Partners on its management buy-out of an international cosmetics manufacturer and subsequent exit through a trade sale.

Quay Partners

We advised Quay Partners on its acquisition of a significant stake in the ASX listed private equity entity, ING Peal Limited.

Sunshine Heart Inc

We advised medical device company, Sunshine Heart Inc, on its "flip up" to the US which enabled access to industry specific private equity funding and subsequently, it's listing on the ASX.

Longreach Group Limited

We advised Longreach Group Limited on the creation of a leveraged joint venture with AEMS, a company backed by Pacific Equity Partners.

AMP Private Equity

We assisted AMP Private Equity with its investment in Runge, a mining consultancy business and its MBO of Kra Mar, a product supply company for companion animals.