by Michael Mata
Renowned multinational law firm King & Wood Mallesons (KWM) has been active once again for Quadrant Private Equity. This time, KWM advised Quadrant Private Equity on its acquisition of Great Southern Railway (GSR). Great Southern Railway owns and operates The Ghan
, Indian Pacific
, and The Overland
passenger rail services.
Quadrant acquired GSR from the independently owned fund manager Allegro Funds.
The KWM team was led by leader Mark McNamara, with the assistance of special counsel Alex Elser and solicitor Anthoney Duong. Partner Tim Sherman advised on tax with senior associate Joseph Power, and partner Elizabeth Hundt-Russell advised on financing with solicitor Kristin Romano.
“We are pleased to be able to support our long-standing client, Quadrant, on another important acquisition in Australia. GSR positions Quadrant to benefit from the growth trends that exist for leisure travellers wishing to enjoy luxury experiential tourism in Australia,” said McNamara.
KWM has advised Quadrant on other high-profile acquisitions and investments, including the acquisition of Ardent Leisure’s gym business in August 2016 and the investment in Estia Health in October 2013. KWM also co-advised on Quadrant’s acquisition of Jetts Fitness earlier this month.