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ASX-listed recycling and circular economy company Close the Loop has been advised on the acquisition of two US-based electronics refurbishing and trading companies as well as a capital raise and debt funding.
Firm: Thomson Geer (Close the Loop)
Area: Merger and acquisition; capital markets
Value: $100 million (acquisitions), $45 million (cap raise)
Key players: The Thomson Geer team was led by partner David Schiavello, who was supported by partner Andrea Wookey, special counsel Lisa Marcus, associate Kelly Murray and lawyer Elizabeth Hanrahan.
Deal significance: Mr Schiavello said: “We congratulate Close the Loop on this transformative deal as it grows to cement itself as a leader in the global circular economy.”
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Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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