David Schiavello

Practice Areas

David Schiavello is a specialist mergers & acquisitions and equity capital markets lawyer, who prides himself on delivering successful outcomes for his clients. He is highly sought after for his passion to provide service of the highest quality.

In addition to public and private M&A and equity capital markets, David is also experienced in corporate and commercial advisory and corporate governance across a number of sectors, including technology, retail, professional services and telecommunications. David is especially regarded for his expertise in drafting and negotiating complex purchase price mechanisms in sale and purchase agreements.

David forms strong relationships with clients, which he uses to understand their motivations in a transaction. It helps him to focus on what matters for the client and enables him to deliver most effectively on their needs.

Work Highlights

Eight Parkside - Advising a group of shareholders of 4th party logistics company Freight Management Holdings, one of Australia's largest supply chain companies, on the sale of a further 10 per cent of the company to Singapore Post for A$62.8 million. The transaction saw SingPost's share of the company increase to 98 per cent. It then acquired the final two per cent it did not own in a separate transaction. David advised the shareholders since 2020 as SingPost progressively grew its stake in the company. The total consideration for the company was around A$434 million.

Close the Loop - Acting for ASX-listed recycling and circular economy company, Close the Loop, in acquiring two US-based electronics refurbishing and trading companies, ISP Tek Services and Captive Trade Corp, for US$66 million (A$100 million).

Octopus Deploy - Advising the shareholders of Octopus Deploy, an Australian based global leader in continuous delivery and deployment automation on the sale of a minority stake to US venture capital firm Insight Partners for US$172.5 million.

City Chic Collective - Advising ASX-listed City Chic Collective on $80 million institutional placement and share purchase plan, and on the Australian legal aspects of City Chic Collective's acquisition of the eCommerce assets of Catherines from NASDAQ-listed Ascena Retail Group, which coincided with the equity capital raise.

Incannex Healthcare - Advising on the delisting of previously dual ASX and Nasdaq listed Incannex Healthcare from ASX and the re-domiciliation of that Australian company to Delaware, USA as a solely Nasdaq listed entity. The delisting and re-domiciliation of the A$150 million market capitalisation company occurred by way of separate schemes of arrangement with Incannex Healthcare's shareholders and optionholders.