Deal: Allens has advised an Equilibrium Capital-led consortium on an investment in one of Australia’s largest privately owned fresh produce businesses Perfection Fresh.

Value: N/A.

Area: M&A.

Key players: The team was led by partners Jessica Choong and Mark Malinas. They were assisted by partners Naomi Bergman, Caroline Ryan, Sikeli Ratu, Michael Graves and Michael Park; special counsel Gadi Bloch; and managing associates Nadia Diaz and Eugene Tan.

Also assisting were senior associates Nicholas Twomey, Zainab Mahmood and Jamie Griffin; associates Chris Bailey, Emma Pendlebury, Stefan Ladd, Rachel Skevington and Tina Tran; and lawyers Tim Tabalujan, Rachael Eustace and Madeleine Tehan.

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Deal significance: The investment will support Perfection Fresh’s growth strategy, including building on its current facilities, growing its controlled environment agriculture footprint and expansion into Asia and other international markets.

Ms Choong said: “We are delighted to advise the Equilibrium Capital-led consortium on their strategic partnership with Perfection Fresh. We look forward to the exciting growth opportunities that this will provide for consortium members and the business.”