Value: Undisclosed.

Area: M&A.

Key players: The team was led by Brendan Earle, with assistance from Connie Lambropoulos, David Marriott, Emma Brand, Tim Frost and Karen Fairbairn.

Deal significance: The Paint Spot Group is composed of 16 Melbourne-based independent paint specialists trading under the brand. It trades across Melbourne and regional Victoria, with over 100 paint specialists.

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The transaction involved the acquisition of 16 separate businesses on the same day for cash purchase price and was completed in late December 2019.

Partner Mr Earle said: “We were delighted to advise Dulux on this strategic transaction which will strengthen its distribution network in the greater Melbourne regions.

“Paint Spot serves the do-it-yourself painter and professional painters of any scale, making it a great fit for the Dulux range of products. Our team worked closely with Dulux to efficiently close each acquisition on the day.”