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Adexum buys into Peopleplan
International firm comes under fire in Federal Court:

Adexum buys into Peopleplan

Paul Stephenson, HWL Ebsworth

Two firms have advised on Australian private equity house Adexum Capital’s investment into consulting firm Peopleplan Holdings.

Firms: HWL Ebsworth (Adexum Capital Limited); Norton Rose Fulbright (Peopleplan Holdings Limited)

Deal: Adexum Capital Limited invested in Peopleplan Holdings Limited.

Value: Confidential

Area: M&A

Key players: Partner Paul Stephenson (pictured) led the HWL Ebsworth team, assisted by special counsel Sanushka Seomangal, partner John Gray and partner Steven Penning.

The Norton Rose Fulbright team was led by partner Richard Lewis.

Deal significance: Adexum Capital is an Australian private equity house.

Peopleplan Holdings is an aggregation of five business units, including a software firm, specialising in learning and development, a merchandising and retail training business unit and registered training organisations.

Adexum Capital's investment in Peopleplan Holdings occurred during the same time that Peopleplan Holdings' acquisition of the five business units was completed.

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