Global investment firm Kohlberg Kravis Roberts & Co has been advised by Gilbert + Tobin on its acquisition of MYOB.
Firm: Gilbert + Tobin (KKR); unknown (MYOB)
Value: $2 billion
Area: M&A, corporate advisory
Key players: The G+T team was led by corporate advisory partners Alex Kauye and Peter Cook, who were assisted by partner Peter Reeves, special counsel Ebony Keenan-Dunn and lawyers Keara Stretton, Richard Francis, Joshua Fisher, Ciara Coleman, Akshaya Ravi, Travis Cordingley and Nick Madders.
Banking and infrastructure partner John Schembri led the $1.215 billion debt financing and was assisted by lawyers Erin Cartledge, Vern Lim and Mark Nichol.
Deal significance: Mr Kauye said: “We are delighted to have assisted KKR on this significant transaction, which is among the largest public-to-privates successfully executed by a financial sponsor in Australia. MYOB is a leader in its space and we have no doubt it will continue to thrive under KKR ownership.”