dealNov 10 · Allens
Allens counts about A$19 billion of take-privates since July
On Nov 10 Allens said it has advised on four private-capital-backed take-privates worth about A$19 billion combined since July. It advises EQT on its proposed A$9.3 billion acquisition of Cleanaway (led by M&A partner Tom Story), the lenders on the secured financing for the proposed A$7.7 billion acquisition of Steadfast Group, the lenders on the financing for I Squared Capital's proposed A$900 million acquisition of oOh!media, and SG Fleet on financing for its proposed acquisition of FleetPartners.
why it matters
Allens has packaged four separate mandates into one market narrative with a headline number. Rivals sitting on similar private-capital work can do the same: a tally beats four tombstones.