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Pacific Equity Partners acquires Altus Group

Altus Group has been bought by a private equity firm, in a partnership that will help the traffic management company “go from strength to strength” moving forward.

September 01, 2022 • By Lauren Croft
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Pacific Equity Partners acquires Altus Group
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Firm: Gilbert + Tobin (Altus Group)

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Deal: G+T has advised Australia’s largest full-service traffic management business, Altus Group, on its sale to Pacific Equity Partners.

 
 

Value: Undisclosed

Area: Merger and acquisition

Key players: The G+T team was led by corporate advisory partner David Josselsohn together with lawyers Muli Zhou and Rohit Duggal.

Deal significance: Altus Group is Australia’s largest provider of traffic management services, operating across more than 20 locations providing traffic control, traffic engineering, event management and civil training services.

Commenting on the deal, David Josselsohn said: “We are pleased to have advised and supported the shareholders of Altus on this milestone transaction for them. We are excited to watch Altus go from strength to strength under their partnership with PEP”.

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Lauren Croft

Lauren Croft

Author

Lauren is the commercial content writer within Momentum Media’s professional services suite, including Lawyers Weekly, Accountants Daily and HR Leader, focusing primarily on commercial and client content, features and ebooks. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications. Born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling. 

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