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Pacific Equity Partners acquires Altus Group
Altus Group has been bought by a private equity firm, in a partnership that will help the traffic management company “go from strength to strength” moving forward.
Lauren Croft
Firm: Gilbert + Tobin (Altus Group)
Value: Undisclosed
Area: Merger and acquisition
Key players: The G+T team was led by corporate advisory partner David Josselsohn together with lawyers Muli Zhou and Rohit Duggal.
Deal significance: Altus Group is Australia’s largest provider of traffic management services, operating across more than 20 locations providing traffic control, traffic engineering, event management and civil training services.
Commenting on the deal, David Josselsohn said: “We are pleased to have advised and supported the shareholders of Altus on this milestone transaction for them. We are excited to watch Altus go from strength to strength under their partnership with PEP”.
Lauren Croft
Lauren is a journalist at Lawyers Weekly and graduated with a Bachelor of Journalism from Macleay College. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications and Travel Weekly. Originally born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling. She is also a keen snowboarder and pre-pandemic, spent a season living in a French ski resort.
