12/08/2020

G+T has advised Quadrant Growth Fund on the acquisition of a majority stake in phone mount start-up Quad Lock.

Quad Lock was founded in 2011 by Rob Ward and Chris Peters and manufactures mounts that secure smartphones to bikes, motor bikes, cars and sports arm bands. 

G+T’s market-leading Corporate Advisory and Banking + Infrastructure teams advised on all aspects of the transaction including structuring, due diligence and financing.

The G+T team was led by Corporate Advisory Partner David Josselsohn with support from lawyers Elizabeth Cameron, Ashleigh Kern, Alexandra Meade and Annabel Kirkby and on the debt financing, led by Banking + Infrastructure Partner Gail Christopher with support from lawyers Elizabeth Athanassios and James Soussa.  The Corporate team was also supported by specialists throughout the firm including Intellectual Property Partners John Lee and Lisa Lennon and lawyers Vanessa Farago-Diener, Joanna Tsaprounis, Mindaugas Skavronskas, Paige Bisset, Michelle Xu and Simone Hall.

David Josselsohn said, “We are pleased to have advised our long-time client Quadrant with this transaction and are excited to watch Quad Lock’s growth and development under their partnership with the founders”.

G+T’s Corporate Advisory, which boasts some of Australia’s leading M&A and Private Equity lawyers, has advised on many of Australia’s largest and most innovative transactions, including recently advising  Quadrant on its acquisition of QMS, TPG Capital on its $1 billion acquisition of ASX-listed pets and vets company, Greencross Limited, Konekt on its acquisition by Advanced Personnel Management, DuluxGroup on its $3.8 billion acquisition by Nippon Paint and KKR on its $2 billion acquisition of MYOB.

G+T’s Banking + Infrastructure team is recognised in the leading legal directories, and has advised on many of Australia’s largest financing transactions including recently advising KKR on the financing of its A$3.2 billion acquisition of Arnott’s, Adamantem Capital on the senior debt package for its acquisition of Legend Corporation and BGH Capital in relation to the c.A$1.145 billion unitranche financing in connection with their acquisition of global education group Navitas.