You have 0 free articles left this month.
Register for a free account to access unlimited free content.

Lawyers Weekly - legal news for Australian lawyers

Powered by MOMENTUM MEDIA
lawyers weekly logo

Powered by MOMENTUM MEDIA

Advertisement
Goodbye job applications, hello dream career
Seize control of your career and design the future you deserve with LW career

Much ado about $42m acquisition

Two firms have advised on McMillan Shakespeare’s acquisition of United Financial Services in a multimillion deal.

user icon Lara Bullock 18 August 2015 Big Law
Jeremy McCarthy
expand image

Firms: HWL Ebsworth (McMillan Shakespeare); M&K Lawyers (United Financial Services Pty Ltd)

Deal: McMillan Shakespeare acquired United Financial Services

Value: $42 million

Area: M&A

Key Players: HWL Ebsworth M&A partner Jeremy McCarthy (pictured) led the team and was joined by partner Andrew Galvin, senior associate Paul Lewis and special counsel Laura Young. The M&K Lawyers team included partner David Heidtman and senior associate Andrew Glubb.

Deal Significance:

McMillan Shakespeare is a major Australian provider of salary packaging. United Financial Services is a national financial services company specialising in automotive and personal loans.

Following McMillan Shakespeare’s acquisition of United Financial Services the total loan generation by McMillan Shakespeare will now be close to $1.5 billion annually.

McMillan Shakespeare also acquired Presidian Holdings in a $115 million deal in February 2015.

 

We're evolving — and so should your insights. Heads up — Lawyers Weekly is going premium from 1 May for just $5 a month. Stay informed without missing a beat. More information coming soon.

Tags
You need to be a member to post comments. Become a member for free today!