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Anacacia Capital disposes RISsafety shares

Thomson Geer has advised Anacacia Capital on the disposal of its shares in RISsafety.

user iconEmma Musgrave 08 April 2019 SME Law
Dan Kramer
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Firm: Thomson Geer (Anacacia Capital); Undisclosed (Bricktop Funds Management Pty Ltd)

Deal: Anacacia Capital's Anacacia Partnership 1 LP Fund has disposed of its equity stake in RISsafety Enterprises Pty Ltd to Bricktop Funds Management Pty Ltd.

Value: Confidential

Area: M&A

Key players: Thomson Geer partner Dan Kramer and special counsel Lucinda Girdlestone.

Deal significance: Anacacia Capital manages approximately $600 million in funds, investing in private and listed leading small-medium enterprises. Its target companies typically have minimum $3 million annual earnings and $20 million revenues. 

According to a statement from Thomson Geer, RISsafety was the last remaining investment in Anacacia Capital’s award winning Anacacia Partnership 1 LP Fund, with Anacacia having been the majority shareholder of RISsafety for more than seven years.

“During that time RISsafety grew to be one of Australia’s largest height safety and access companies, recently expanding into New Zealand,” the statement said.

“The disposal to Bricktop Funds Management has not affected the management of RISsafety, with its CEO and Chairman continuing to lead the business, meaning there has been no day-to-day change for staff, customers and suppliers.”

Emma Musgrave

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: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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