Ferrier Hodgson advised on proposed merger with KPMG
Forensic accounting and IT firm Ferrier Hodgson has been advised on its plan to join forces with global professional services firm KPMG.
Firm: Norton Rose Fulbright (Ferrier Hodgson).
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Deal: The merger, announced in mid-March, will be completed in June of this year and intends to create one of the largest restructuring services and forensic advisory businesses in Australia.
Value: N/A.
Area: Corporate, financial restructuring.
Key players: The NRF team was led by partners Jeremy Wickens and Steve Palmer, who were assisted by corporate associates Christopher Langton, Julia Sonza and Ellen Laughton.
Deal significance: Speaking about the deal, Mr Wickens said, "The strength of professional services firms is in their people, and the challenges of the transaction lay in ensuring that diverse expectations were addressed. We are pleased that we were able to assist Ferrier Hodgson in a way that addressed these challenges and resulted in a very satisfactory outcome for the firm and its partners."