Thomson Geer is advising the second largest shareholder in a Pacific Equity Partners-led consortium acquiring Australian logistics company Freight Management Holdings (FMH) from leading Asia Pacific logistics provider SingPost for A$1.02 billion.
FMH is the leading 4PL service provider in Australia. It is a business that TG has intimate knowledge of, and we were able to use that know-how to support: (a) the consortium, Pacific Bidco E's, successful bid tender in a highly competitive sale process and (b) our client in securing a substantial holding in the FMH Group going forward as a key consortium member of Pacific Bidco E.
TG had, over a number of years, advised the shareholders of FMH when it was progressively sold to SingPost.
The Thomson Geer team was led by Partner David Schiavello and supported by Senior Associate Dan Kerr.