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Potentia Capital acquires Education Horizons Group stakes

Herbert Smith Freehills has assisted Potentia Capital in the acquisition of Education Horizons Group stakes.

September 24, 2019 • By Naomi Neilson
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Damien Hazard

Source: herbertsmithfreehills.com/our-people/damien-hazard

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Firm: Herbert Smith Freehills (Potentia Capital)

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Deal: Herbert Smith Freehills (HSF) advised Potentia Capital on the acquisition of the majority stake in Education Horizons Group Limited (EHG).

 
 

Value: Undisclosed.

Area: M&A.

Key players: HSF’s team was led by partner Damien Hazard and assisted by senior associate Tom Hoare and solicitor Jack McDonell.

Deal significance: HSF advised Potentia on the acquisition of EHG stakes, which is an Australia EdTech holdings company founded three years ago through a formalised partnership between longstanding education software companies, SEQTA Software and Synergetic Management Systems.

Mr Hazard said: “We are grateful for the opportunity to act for Potentia Capital team on this transaction. We look forward to seeing the EHG business expand and prosper under Potentia Capital’s ownership.”

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Naomi Neilson
Naomi Neilson
Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly, as well as other titles under the Momentum Media umbrella. She regularly writes about matters before the Federal Court of Australia, the Supreme Courts, the Civil and Administrative Tribunals, and the Fair Work Commission. Naomi has also published investigative pieces about the legal profession, including sexual harassment and bullying, wage disputes, and staff exoduses. You can email Naomi at: naomi.neilson@momentummedia.com.au.
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