KWM acts on aged-care investment
King & Wood Mallesons has acted on Quadrant Private Equity’s investment into the aged-care industry.
Firm: King & Wood Mallesons (Quadrant Private Equity)
Area: M&A
Value: Undisclosed
Key players: Partners Mark McNamara (pictured) and Jason Watts led the corporate aspects of the transaction for KWM and Yuen-Yee Cho led the banking aspects
Deal significance: The transaction will see Quadrant Private Equity effectively partner with Estia’s founders for the next phase of Estia’s growth in the Australian market. Mark McNamara commented: “We were delighted that Quadrant approached us to assist them after our recent work with them on the successful Virtus IPO. The aged-care sector in Australia is one that is going through an interesting period of regulatory change and consolidation and demanded insights that KWM were uniquely positioned to provide. We are looking forward to working with Quadrant and the Estia founders as they embark on the next phase for the business.”