Halcyon completes Stockland sale
HopgoodGanim Lawyers has advised Halcyon on the multimillion-dollar sale of its business to Stockland.
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Firms: HopgoodGanim Lawyers (Halcyon); undisclosed (Stockland).
Value: $620 million.
Area: M&A.
Key players: The HopgoodGanim team was led by partner Luke Mountford, with assistance from associate Sarah Judge and special counsel Anthony Pitt.
Deal significance: Halcyon is a Queensland-based company that has been in operation for 17 years. The group is described as being “Australia’s most awarded creator of lifestyle communities”.
Under the terms of the agreement, Stockland will acquire 3,800 sites across 13 Halcyon communities, including six established, four in development and three in planning, a statement from HopgoodGanim said.
“HopgoodGanim Lawyers is proud to have advised the owners of Halcyon for many years and it has been a pleasure working with the entire Halcyon team throughout the course of this significant transaction,” said lead partner Mr Mountford.
“We congratulate all involved on successful completion of the deal and look forward to watching the Halcyon brand continue to grow and prosper into the future.”
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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.
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