Law firms furnish Super A-Mart deal

Clayton Utz, Minter Ellison and Phillips Fox were all involved in the recent management buyout of Queensland-based fur

Lawyers Weekly • 09 June 2006 • Big Law

Clayton Utz, Minter Ellison and Phillips Fox were all involved in the recent management buyout of Queensland-based furniture retailer Super A-Mart for approximately $500 million, by a private equity consortium.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Lawyers Weekly. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Clayton Utz, led by partner Philip Kapp, represented Ironbridge Capital, which led the consortium, and Minter Ellison, led by Andrew Bullock and Fraser Henderson, acted for the other private equity funds — Singapore’s GIC Special Investments, Swiss-based private equity asset manager Partners Group and Macquarie Funds Management. Minter Ellison finance partner John Mosely also acted for the banks providing the finance on the deal, while Phillips Fox advised the management team.

The deal was signed on May 19 and is expected to close today.

VIEW ALL

Bullock said the deal was arranged by Ironbridge Capital, who came across it on proprietary business. “We worked very quickly to secure the deal and document and line up the money required to buy the asset, but otherwise it was a fairly conventional private equity deal,” he said.

The seller, and company founder, John Van Lieshout will retain some of the real estate, but will no longer be involved in the business. It is likely that Super A-Mart will be floated on the share market or sold within the next five years.

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

Lawyers Weekly - legal news for Australian lawyers

SECTIONS

MORE

Law firms furnish Super A-Mart deal

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

STAY CONNECTED