07/02/2023

G+T advised leading private investment firm Bain Capital on the sale of its controlling stake in Retail Zoo to Adamantem Capital. 

Retail Zoo owns the iconic Australian brands, Boost Juice and Betty’s Burgers, and the company now has more than 750 stores in Australia and overseas.

G+T has advised Bain Capital throughout its ownership of Retail Zoo, including the original purchase of Retail Zoo from US-based private equity firm The Riverside Company in 2014 and the acquisition of Betty’s Burgers in 2017. 

The team was led by Corporate Advisory partner Tim Gordon and senior lawyer Ilona Hunnisett, with support from lawyers Madeline Connolly and Ziggy Liszukiewicz. The Corporate team was also supported by specialists throughout the firm.

Speaking about the transaction, Tim said "We’ve worked with Bain Capital throughout its investment in Retail Zoo and it was a pleasure for our team to work alongside the Bain Capital and Retail Zoo management team and their other advisers on the sale."

G+T’s Corporate Advisory team, 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 Alludo on its proposed acquisition of ASX-listed Nitro Software Limited by concurrent scheme of arrangement and takeover offer, K1 Investment Management on its acquisition of ELMO Software Limited by way of scheme of arrangement and Thoma Bravo on the $1.055 billion acquisition of Nearmap Ltd.
 

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