Global law firm Norton Rose Fulbright has advised Ferrier Hodgson on its plan to merge with giant international professional services firm KPMG.
The deal, announced by the two firms on March 14, aims to create one of Australia’s largest restructuring services and forensic advisory businesses. It is scheduled for completion by 30 June 2019.
Ferrier Hodgson was created in 1976 and is one of Australia’s first independent firms specialising in restructuring, forensic, performance improvement and financial advisory. Under the terms of the deal, KPMG Australia will acquire Ferrier Hodgson’s business located in Sydney, Melbourne, Brisbane and Perth, with expectations the Adelaide office will follow shortly.
A Norton Rose Fulbright team advised Ferrier Hodgson on all legal elements of the agreement, as well as assisting Ferrier Hodgson to manage its many stakeholders.
Norton Rose Fulbright partner Jeremy Wickens commented:
“The strength of professional services firms is in their people, and the challenges of the transaction lay in ensuring that diverse expectations were addressed. We are pleased that we were able to assist Ferrier Hodgson in a way that addressed these challenges and resulted in a very satisfactory outcome for the firm and its partners.”
The team was led by corporate partner Jeremy Wickens and financial restructuring and insolvency partner Steve Palmer, and was supported by corporate associates Christopher Langton, Julia Sonza and Ellen Laughton.
For more information, contact:
Alex Boxsell, Head of Digital Content & Campaigns, Norton Rose Fulbright in Australia
Tel: +61 (0)2 9330 8165 Mob: +61 (0)414 985 556