Media release: Clayton Utz advises WorkPac Group on sale to Tasmea Limited
Clayton Utz has advised WorkPac Group Pty Ltd, Australia’s largest privately owned workforce solutions business, on its sale to Tasmea Limited.
Tasmea is a leading Australian owner and operator of diversified specialist trade skill services businesses, with a focus on maintenance, shutdown, breakdown, and brownfield upgrade services for critical fixed plant assets owned by blue chip companies across Australia.
The Clayton Utz team was led by Corporate partner Stephanie Daveson, with support from special counsel Andrew Mackenzie and lawyers Natalie Harawira and Aidan Bryant.
WorkPac has a strong track record of supporting businesses in industries where skills shortages constrain supply. Its workforce management services include recruiting, training, and placing workers, helping to mitigate growth bottlenecks and increase margins.
The transaction will enable WorkPac to deploy its world class workforce management solutions within Tasmea, further bolstering Tasmea’s ability to deliver critical services to its clients.
Commenting on the transaction, Ms Daveson said:
"It was a pleasure to support WorkPac on this transaction. WorkPac’s workforce management expertise combined with Tasmea’s established presence in the trade services sector creates a unique opportunity for growth in Australia's constrained workforce environment. It's great to see the business' continued growth and success."
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