Login
Majority APM stake sold to US firm
Gilbert + Tobin has advised on the sale of a majority stake in “Australia’s largest provider of disability employment services”, APM, to American private equity firm Madison Dearborn Partners.
Emma Musgrave
To continue reading the rest of this article, please log in.
Create a free account to get unlimited news articles and more!
Firms: Gilbert + Tobin (Quadrant Private Equity); Undisclosed (Madison Dearborn Partners).
Deal: Quadrant Private Equity (Quadrant) and APM management have been advised on the sale of a majority stake in APM to Madison Dearborn Partners.
Value: Undisclosed
Area: M&A
Key players: The G+T team was led by corporate advisory partner David Josselsohn with support from corporate advisory partner Alastair Corrigall and lawyers Ilona Hunnisett, Edward Davidson, Ashleigh Kern and Ginia Kouznetsova.
Deal significance: APM was founded in Perth in 1994 by Megan Wynne and provides services including in employment, outplacement, training, health and rehabilitation. APM operates in 700 locations across 10 countries, according to a statement provided by Gilbert + Tobin.
“Having advised our long-time client Quadrant with their initial investment in APM in 2017, it was a pleasure to have assisted Quadrant and the APM management team with this significant transaction and are excited to see APM continue to grow under MDP’s ownership,” said Mr Josselsohn.
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:
