Majority APM stake sold to US firm

By Emma Ryan|17 March 2020
David Josselsohn

Gilbert + Tobin has advised on the sale of a majority stake in “Australia’s largest provider of disability employment services”, APM, to American private equity firm Madison Dearborn Partners.

Firms: Gilbert + Tobin (Quadrant Private Equity); Undisclosed (Madison Dearborn Partners).

Advertisement
Advertisement

Deal: Quadrant Private Equity (Quadrant) and APM management have been advised on the sale of a majority stake in APM to Madison Dearborn Partners.

Value: Undisclosed

SPONSORED CONTENT

Area: M&A

Key players: The G+T team was led by corporate advisory partner David Josselsohn with support from corporate advisory partner Alastair Corrigall and lawyers Ilona Hunnisett, Edward Davidson, Ashleigh Kern and Ginia Kouznetsova.

Deal significance: APM was founded in Perth in 1994 by Megan Wynne and provides services including in employment, outplacement, training, health and rehabilitation. APM operates in 700 locations across 10 countries, according to a statement provided by Gilbert + Tobin.

“Having advised our long-time client Quadrant with their initial investment in APM in 2017, it was a pleasure to have assisted Quadrant and the APM management team with this significant transaction and are excited to see APM continue to grow under MDP’s ownership,” said Mr Josselsohn.

Majority APM stake sold to US firm
Intro image
lawyersweekly logo
Big Law

latest

What 2021 will look like for legal tech and innovation

What 2021 will look like for legal tech and innovation

Arnold Bloch Leibler Slater and Gordon

Arnold Bloch Leibler blocked from using Slater and Gordon documents in defence of class action

Victoria regional

Victorian legal services receive $1m funding boost

New opportunities for banks in the age of disruption

New opportunities for banks in the age of disruption

FROM THE WEB
Recommended by Spike Native Network