Congratulations to KKR on completing the acquisition of a majority interest in Colonial First State and establishing a strategic partnership with Commonwealth Bank of Australia.
Alex Kauye said, “We are delighted to have advised KKR on such a significant transaction. CFS is one of the largest superannuation and investments platforms in Australia, and this transaction happens at a time of great opportunity in the wealth management sector. With the support of KKR and CBA, we look forward to seeing CFS execute on its strategy of investment and growth for the benefit of the >1 million members of CFS.”
G+T advised KKR on all aspects of the transaction, drawing on expertise from multiple disciplines across the firm. The team was led by Alex Kauye and Peter Cook, and also included Ebony Keenan-Dunn and Travis Cordingley (M+A), Gina Cass-Gottlieb, Tanya Macdonald and Simon Barnett (Financial Services Regulation), John Schembri and Stu Cormack (Debt Financing), Andrew Hii and Claire Arthur (Separation + Transition), Lisa Lennon and Anna Smyth (Intellectual Property), Dan Macpherson and Sadaat Cheema (Disputes + Investigations), James Pomeroy (Employment) and Muhunthan Kanagaratnam (Tax).