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Sydney-based surf manufacturer acquired
Three firms have advised in the acquisition that saw Gowing Bros. Ltd acquire 100 per cent of the shares in a Sydney-headquartered surf-wear manufacturer.
Emma Musgrave
Firms: PwC (Gowing Bros. Ltd); King & Wood Mallesons (SurfSitch Group Limited); Deloitte (SurfStitch Group Limited)
Deal: Gowing Bros. Ltd has acquired 100 per cent of the shares in SHI Holdings Pty Limited from the SurfStich Group.
Value: $17 million
Area: M&A
Key players: Leading the PwC legal services team was M&A partner James Delesclefs, with directors Samantha James and Sophie Raven, and lawyers Steph Baker and Genevieve Edye.
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Partners and other professionals from PwC's deals and corporate tax teams also provided services.
Matt Egerton-Warburton (pictured) led the King & Wood Mallesons team, supported by Oliver Kabongo.
Callum Greig of Deloitte was corporate advisor to SurfStitch Group Limited.
Deal significance: SHI Holdings Pty Limited is a Sydney-headquartered manufacturer and global supplier of surf related hardware products under four highly recognised brands, including FCS, Gorilla, Softech and Hydro.
This sale concludes a sale process by the SurfStich group approximately one year after it acquired the business.
Emma Musgrave
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.
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