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Supply business Rocky Point has been advised by national law firm Piper Alderman on the selldown of its 60 per cent interest in its garden business to the Hyne Group.
Firm: Piper Alderman (Rocky Point)
Area: Corporate
Value: Undisclosed
Key players: The Piper Alderman team was led by partner Andrew Rankin, who was supported by special counsel Caren Klavsen and senior associate Kara Pennisi.
Deal significance: Mr Rankin said: “We are delighted to have assisted Rocky Point on this transaction, as the business has been looking for opportunities for future growth while allowing their family business to implement succession planning for future generations.”
Rocky Point chief executive Matt Keith added: “Working with Andrew and his team has been a great experience. They are professional, organised, and have great communication skills.
“They are also very open to suggestions and feedback, which makes them easy to work with. I highly recommend working with Andrew and his team.”
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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