Firms: King & Wood Mallesons (Paine & Partners); Herbert Smith Freehills (AgBiTech)
Deal: Global private equity investment firm Paine & Partners invested in AgBiTech Pty Ltd for an undisclosed sum.
Area: Private equity/agribusiness
Key players: The KWM team was led by partner Shannon Finch (pictured) and senior associate Henrik Moritz, supported by solicitors Jarred Bambridge and Anthoney Duong.
Headquartered in Australia, AgBiTech produces farming pest management solutions.
Global private equity firm Paine & Partners focuses on the food and agribusiness sectors.
According to a release by KWM, Paine & Partners’ strategy is to invest alongside existing owners and managers to combine their insight with Paine's expertise.