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

EBOS Group set to bolster healthcare portfolio

EBOS Group is looking to extend its existing portfolio of healthcare, pharmaceutical and animal care businesses in Australia and New Zealand by proposing an acquisition of the nation’s largest provider of outsourced pharmacy services.

user iconEmma Musgrave 14 June 2017 Big Law
EBOS Group
expand image

Firms: Allens (EBOS Group); Maddocks (HPS)

Deal: EBOS Group Limited (EBOS) has been advised on the proposed purchase of HPS.

Value: Undisclosed

Area: M&A

Key players: The Allens legal team was led by corporate partner Emin Altiparmak, with support from partners Mark Malinas, Michael Park and Michael Graves.

The team was assisted by managing associates Rosannah Healy and Ric Morgan, senior associate Jonathan Hoe, associate Laura Miller, lawyers Karina Plain, Emily Rothfield and Leah Wickham, and law graduate Emma Moore.

Deal significance: According to a statement from Allens, the acquisition of HPS from Blue Sky Private Equity and a number of management shareholders is an important strategic investment for EBOS, boosting its existing Australian hospital business and providing a new platform for EBOS to expand.

“We are delighted to be able to help EBOS with its successful bid for the HPS business,” Mr Altiparmak said.

“The acquisition adds to EBOS’ existing portfolio of healthcare, pharmaceutical and animal care businesses in Australia and New Zealand, and we look forward to seeing EBOS continue to support the growth of the HPS business.”

Mr Malinas noted that the acquisition highlights the continued strength of M&A activity in the healthcare sector.

“The Australian healthcare sector remains a key target for sponsors and strategic buyers,” he said.

“In this case it was private equity selling to a strategic buyer. Earlier in the week we saw private equity acquire Icon Cancer Centres. We see that trend of M&A activity in healthcare assets continuing.”

Emma Musgrave

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: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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