You have 0 free articles left this month.
Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Big Law

Sydney prison phone system sold to German provider

Squire Patton Boggs has advised on the sale of a Sydney-based prison phone system to a German provider.

October 16, 2019 By Naomi Neilson
Share this article on:
Tony Chong
expand image

Firm: Squire Patton Boggs (Comsec TR)

Deal: Squire Patton Boggs (SPB) and corporate advisers BDO has brokered the sale of Sydney-based prison phone systems provider Comsec TR to Telio.

 
 

Value: Undisclosed.

Area: M&A.

Key players: The SPB team was led by Perth managing partner Tony Chong and was assisted by associates Blair Strickland and Alix Poole.

Deal significance: Comsec was founded in 1991 and provided prison phone systems across the country. The investment marks Telio’s first acquisition in the Asia-Pacific region as it expands beyond its Europe, Middle East and Africa footprint.

Mr Chong said: “The deal teams worked together closely to deliver this transaction and we look forward to a new chapter for a very successful organisation as it moves into this new phase.”

This email address is being protected from spambots. You need JavaScript enabled to view it.

Naomi Neilson

Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly. 

You can email Naomi at: This email address is being protected from spambots. You need JavaScript enabled to view it.

You need to be a member to post comments. Become a member today