31 March 2017
Greenwoods & Herbert Smith Freehills has advised Platinum Equity on its acquisition of Staples Australia and OfficeMax Australia.
These transactions marked Platinum Equity’s second successful acquisition in Australia (after acquiring a 70% controlling stake in Sensis from Telstra in 2014) and their first investment outside the United States under their new US$6.5 billion Fund IV. Greenwoods' role included structuring the transactions and negotiation of the acquisition documents.
The Greenwoods team was led by Director Toby Eggleston with assistance from Ryan Leslie, Senior Associate.