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iCollege merges with Redhill Education

Australian law firm Thomson Geer has advised iCollege on its merger with Redhill Education.

September 10, 2021 • By Emma Musgrave
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iCollege merges with Redhill Education
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Firm: Thomson Geer (iCollege).

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Deal: A proposal has been put forward to merge iCollege and Redhill Education into one company. The deal involves the offer of 9.5 iCollege shares for each Redhill Education share. The Redhill Education board has unanimously recommended its shareholders accept the iCollege offer, subject to no superior bid being offered.

 
 

Value: Undisclosed.

Area: M&A.

Key players: The Thomson Geer team is led by partner Matthew Reynolds with assistance from special counsel Dan Stumm and lawyer Ashley Zhang.

Deal significance: iCollege is a vocational education provider. The group's merger with Redhill Education is set to create a leading Australian training company.

"The new merged company will have a national footprint, offer courses across a range of subjects including management, technology, design, business, hospitality, health, community services, and building and construction, and a wider international network of agents to attract students when borders open," a statement from Thomson Geer explained.

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Commenting further, lead partner Matthew Reynolds said: "Bringing together iCollege and Redhill Education will create a larger, stronger company that will support the education goals of thousands of students and enable it to pursue growth opportunities".

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Emma Musgrave

Emma Musgrave

Author

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

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

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