Duxton Pubs continues expansion with recent acquisition
Investment manager Duxton has been advised on its recent acquisition of independent craft brewer Little Bang Brewing.
Firm: Piper Alderman (Duxton)
Value: Undisclosed
Area: Merger and acquisition
Key players: The Piper Alderman team was led by partners Simon Venus and Jonathan Dodd, who worked closely with the Duxton Pubs on the buy-side legal aspects of the transaction, including due diligence, contract negotiation and completion.
Deal significance: A long-time client of the firm, Duxton is based in South Australia and has established itself as a leading boutique asset manager with a focus that includes agriculture, equities and hospitality.
Commenting on the deal, Mr Venus said the firm was “delighted to have been able to work with such a collaborative team and to have played a part in closing this transaction”.
The deal sees the founders’ continuing involvement in the business and will bring natural synergies for expansion for Little Bang Brewing and its beer lines, Duxton Pubs portfolio manager Will Brennan said.
“The advice provided by Simon and his team throughout the transaction was highly relevant, timely and practical,” he said.
“Their input was integral to the success of the transaction, and we look forward to collaborating on future matters.”
Lauren Croft
Lauren is a journalist at Lawyers Weekly and graduated with a Bachelor of Journalism from Macleay College. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications and Travel Weekly. Originally born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling. She is also a keen snowboarder and pre-pandemic, spent a season living in a French ski resort.