Login
SILK Laser Australia acquires skin and cosmetics group
Listed specialist clinical network SILK has been advised on its acquisition of Australian Skin Clinics and The Cosmetic Clinic, accompanied by a capital raise and establishment of new debt facilities.
Jerome Doraisamy
Firm: Kain Lawyers (SILK Laser Australia).
Value: $52 million acquisition.
Area: M&A.
Key players: The Kain team was led by directors Gerry Cawson and Jacob Thomas, who were supported by James Burchnall, Michael Chrisohoou and Rebecca Halkett, with “significant involvement” from Sam Christie, Stuart Jackson, James Linton and Taylor Moore.
Deal significance: Speaking about the acquisition, Mr Cawson said: “We are thrilled to have advised SILK on this important deal.
“We’ve worked with the SILK team on several transactions over the years, and we are delighted to have advised them on their first major acquisition and capital raising since listing on the ASX. We look forward to continuing to play a role in SILK’s growth strategy in the years to come.”
SILK chairman Boris Bosnich added: “This is a significant deal for SILK, and we were delighted with the proactive and attentive approach from the Kain team in delivering on our commercial objectives.
“We’ve worked with Kain for a number of years and we like the way they operate. They are experts in M&A, capital raising and debt transactions and their senior lawyers are hands-on and visible throughout the whole deal process.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
You can email Jerome at:
