Leveraged and acquisition finance

Overview

Our leveraged and acquisition finance team is able to assist borrowers and/or financiers (senior and mezzanine) to navigate their way through all the complexities and issues that are relevant in a leveraged or acquisition transaction, from providing advice in relation to structures, priority arrangements, the sales process and due diligence, to assisting on documentation and completion.

We are familiar with, and can advise on, all issues that may be relevant to a purchaser or a financier, including in a cross-border acquisition where Overseas Investment Office consent may be required.

"Infrawork is a great New Zealand business and we’re delighted to support its future growth aspirations. It was a herculean effort from all concerned to get the deal done in a challenging environment, and I’d particularly like to thank the Buddle Findlay team for their hard work and quality output."

Will Carnachan

Band 1 - Chambers Asia Pacific and Tier 1 - IFLR1000 and Legal 500 Asia Pacific for Banking and Finance
Member of the Institute of Finance Professionals New Zealand
Member of the New Zealand Private Equity & Venture Capital Association

Experience

Sector / Expertise

Work highlights

Advising Infratil

New Zealand's leading infrastructure investor, on its conditional transaction to acquire up to 60% of Pacific Radiology Group, as announced by Infratil on 29 April 2021

Advising ANZ Bank New Zealand

(as lead arranger) and the banking syndicate in connection with funding the acquisition of Healthscope's New Zealand pathology business, Asia Pacific Healthcare Group by a joint venture between the NZ Super Fund and Ontario Teachers' Pension Plan Board

Advising the Consortium in relation to the senior syndicated acquisition facilities; and Infratil in relation to its NZ$800m bridge facility

in connection with the Consortium's acquisition of Vodafone New Zealand from Vodafone Group Plc for an enterprise value of NZ$3.4b

Advising Tanarra Credit Partners

in connection with the private credit fund’s funding of Infrawork's buyout and recapitalisation of Extrastaff

Advising the finance parties

in connection with the debt facilities made available to Heritage Lifecare Retirement Group, including for multiple 'roll-up' acquisitions (including most recently of Golden Healthcare)