Walter Baden advises RSK on acquisition of a majority stake in Adenco

Walter Baden congratulates RSK Environment Australia on acquiring a majority stake in Adenco, a Western Australian-based operator in the resources and construction industries. Adenco specialises in mine site dewatering, water management and civil engineering services.

RSK Environment Australia is the Australian holding company for UK-headquartered RSK Group Limited, a global leader in sustainable solutions in the environmental, engineering and technical services fields.

Walter Baden led legal due diligence and legal aspects of buy-side deal execution on the project alongside RSK’s local and UK in-house M&A teams, financial advisers BDO and tax advisers Pitcher Partners.

This is Walter Baden’s fifth deal for RSK, having previously acted on its earlier acquisitions of EDP Consultants, Western Project Services, SJA Construction Services and Projence.

AFA acquires All Risk Protection

Walter Baden has acted for accident & health underwriter AFA Insurance on its acquisition of Sydney-based insurance broker, All Risk Protection. The team of Steven Humphries, Kien Ng and Laura Mullen assisted AFA with due diligence and documentation of the deal, which was transacted by way of acquisition of business assets. Walter Baden previously assisted AFA with a series of finance and capital management projects, most recently a selective buy-back of minority shareholdings.

Walter Baden advises SoNET Systems on sale of iCase business

Walter Baden is pleased to have advised SoNET Systems, an Australian subsidiary of RM plc, on the sale of its iCase business to SaaS Systems.  SoNET Systems is a cloud-based provider of end-to-end solutions for running large scale assessments utilising its proprietary Assessment Master software.

The sale of the iCase business, which focuses on case management and employment services in the aged care, disability and community services areas, back to its original founder frees SoNET Systems up to focus on the education sector.

Walter Baden worked alongside RM’s UK in-house legal team on the project.

Walter Baden advises Bruno Generators on its acquisition of Powerlite Australia

 Walter Baden has acted for Bruno Generators Group, an Italy-headquartered global leader in the manufacture of power generators. BGG has acquired all of the share capital of Powerlite Australia, an Australian company specialising in the distribution and servicing of electric power generators.

Walter Baden is delighted to have assisted with buy-side deal execution on the project alongside Bruno Generators Group’s M&A team based in Italy and its local financial advisers.

Walter Baden advises on investment from Direct Capital

Walter Baden is pleased to have been part of the team of advisers assisting POP Group on a significant investment by New Zealand-based private equity fund, Direct Capital.  POP Group is a leading provider of M&A and specialist insurance underwriting services providing innovative and technology-driven solutions.

 Walter Baden advised on a pre-investment restructure of the POP Group, including a roll up of its Fusion and io.insure operating entities under a single parent company in advance of the Direct Capital investment. The WB team, including Steven Humphries and Kien Ng, led negotiation of a new shareholders’ agreement and development of the group’s incentive scheme. On this project Walter Baden collaborated closely with POP Group’s tax, corporate and other legal advisers on investment aspects of the project, which was transaction by a partial sell-down and simultaneous capital raise.

 

Walter Baden advises RSK on the acquisition of Projence

Walter Baden congratulates RSK Environment Australia on its acquisition of all the shares in Projence, a NSW-based integrated project management firm.

RSK Environment Australia is the Australian holding company for RSK Group Limited, a global leader in sustainable solutions in the environmental, engineering and technical services field.

Walter Baden is delighted to have assisted with legal due diligence and buy-side deal execution on the project alongside RSK’s local and UK in-house M&A teams.