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Camp Australia sold to private equity company
The founders of Australia’s largest provider of before and after-school care programs has been sold to a Boston-headquartered private equity company.
Emma Musgrave
Firms: Maddocks (Camp Australia); Goldman Sachs (Camp Australia); KPMG (Camp Australia); Allens (Bain Capital); Gilbert + Tobin (lenders to Bain Capital)
Value: Undisclosed
Key players: The Maddocks team was led by partners Damien Wurzel, Ron Smooker and Catherine Debreceny, with assistance from senior associate Amanda Jones and associates Jacqueline Picone and Steven Tang.
Deal significance: Camp Australia was established in 1987, providing before and after-school care programs to students at more than 700 schools across the nation.
According to a statement from Maddocks, the purchase of Camp Australia by Bain Capital closed on 28 February after a competitive bid process.
Correction: An earlier version of this article said that Gilbert + Tobin had advised Bain Capital. The article has now been amended to reflect that Gilbert + Tobin advised the lenders to Bain Capital.
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.
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