Login
RealWise-Kyckr acquisition complete
Addisons and Gilbert + Tobin have advised on an acquisition between Kyckr and RealWise.
Emma Musgrave
Firms: Addisons (Kyckr); Gilbert + Tobin (RealWise)
Value: Undisclosed
Area: Merger and acquisition
Key players: The Addisons team was led by corporate partner Li-Jean Chew with support from consultant Jeff Mansfield and senior associate Chuanchan (CC) Ma.
Addisons’ litigation team, including special counsel Hayden Martin and solicitor Tara Koh, also advised on the deal.
Deal significance: Kyckr is a business-to-business information services company.
The company was listed on the ASX in 2016 and has since been described as a leading global provider of real-time company registry information on over 120 million businesses, sourced from 300-plus primary regulatory sources across 100-plus countries.
“Kyckr’s solutions support businesses to protect against fraud, money laundering and financial crime. RealWise is an entity 100 per cent-owned by Mr Richard White,” a statement from Addisons explained.
“In early July 2022, Kyckr confirmed it had entered into a scheme implementation deed with RealWise, under which RealWise would acquire 100 per cent of Kyckr by way of a court-approved scheme of arrangement for a cash price of 8.0¢ per Kyckr share.”
Commenting further, Addisons’ lead partner Li-Jean Chew said: “We’re delighted to have supported Kyckr on this significant transaction. We look forward to seeing the business continue to grow and develop under RealWise’s ownership.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
Email Emma on:
