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Two Australian law firms have advised on the sale of Evolve Intelligence’s talent strategy business to Mercer Australia.
Firms: Clarendon Lawyers (Evolve Intelligence Pty Ltd); Lander & Rogers (Mercer Australia Pty Ltd)
Value: Undisclosed.
Area: M&A
Key players: Managing director Tony Symons led the Clarendon Lawyers legal team, with assistance from senior associate Alexandra Gleed.
Deal significance: Evolve was founded in 2013. Since its inception, the company has provided strategic talent solutions for corporate clients, including succession risk management, talent intelligence, talent acquisition and assessment, according to a statement from Clarendon.
Meanwhile, Mercer is a global consulting leader in advancing health, wealth and career, and a wholly-owned subsidiary of Marsh & McLennan Companies.
Mr Symons congratulated Evolve on the successful completion of this transaction.
“We are delighted to have advised the founders on the sale of Evolve, which is a testament to Evolve’s global reputation, the achievements of the business over a short period of time and the market-leading solutions that it provides to an enviable global client base," he said.
“It is always especially rewarding to help guide and advise founders through a sale of their business to a global market-leading business like Mercer.”
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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