Greenwoods & Herbert Smith Freehills advised Allegro Funds on the sale of its 70% holding in Great Southern Rail to Quadrant Private Equity. Great Southern Rail operates the iconic and luxury train services The Ghan and Indian Pacific.
The change of ownership is expected to occur in October 2016.
The core Greenwoods team was led by director Toby Eggleston and senior associate Ryan Leslie, who were supported by directors Andy Hirst on leasing issues and Andrew Howe on GST matters.
Greenwoods acted for Allegro Funds on the acquisition in early 2015 and it was a pleasure to work again with the team from Allegro Funds on the sale.
Partner, Head of Financial Services