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Private equity firm funds AgBiTech
Two global firms have advised on Paine & Partners’ investment in AgBiTech.
Felicity Nelson
Firms: King & Wood Mallesons (Paine & Partners); Herbert Smith Freehills (AgBiTech)
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Value: Confidential
Area: Private equity/agribusiness
Key players: The KWM team was led by partner Shannon Finch (pictured) and senior associate Henrik Moritz, supported by solicitors Jarred Bambridge and Anthoney Duong.
Deal significance:
Headquartered in Australia, AgBiTech produces farming pest management solutions.
Global private equity firm Paine & Partners focuses on the food and agribusiness sectors.
According to a release by KWM, Paine & Partners’ strategy is to invest alongside existing owners and managers to combine their insight with Paine's expertise.
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