Ironbridge makes Super sale
Four firms have advised on in connection with the sale of a majority interest in Super A-Mart to Quadrant Private Equity.
Firms: Clayton Utz (Ironbridge Capital), Minter Ellison (Quadrant), Baker & McKenzie (Ironbridge on BBQs Galore), Gilbert + Tobin (Partners Group and GIC)
Area: Corporate
Value: approx. $500 million (combined deal value for Barbeques Galore and Super A-Mart - joint sale)
Key players: Clayton Utz Sydney private equity partners Niro Ananda (pictured) and Jonathan Donald and finance partner Geoff Geha are leading the team advising Ironbridge, with support from senior associates Kounny Rattley and John Farren-Price and special counsel Kathryn Mitchell. Partner Mark McNamara led the Bakers team supported by Associates Cathy Chan and Noelle Trifiro.
Deal significance: Announced to the market on 15 August, the transaction involved the sale of Barbeques Galore businesses and will see Quadrant acquire a majority stake in a new entity for the common ownership of the two businesses. The remaining interest will be held by Ironbridge, Macquarie Group, Partners Group and management.