Firms: Crilly Lawyers (Oil Industry Catering & Services Pty Ltd); McMahon Clarke (BlueSky)
Deal: Acquisition of a significant minority stake by the Blue Sky Private Equity EC2010 expansion capital fund
Value: $3 million
Key players: The Crilly team was led by corporate partner Anthony Crilly (pictured) and McMahon Clarke by partner Langton Clarke
Deal significance: Oil Industry Catering & Services has been a leading specialist catering company to the oil and gas drilling industry throughout Australia for the last 13 years. The company was recently rolled up into a holding company, OICS Holdings Pty Ltd. On 27 August, BlueSky Private Equity Trust took a significant minority stake in this new holding company. The strategic holding has been acquired to enable further capital expansion.