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10 May 2016

Clayton Utz acts on $120 million Ironbridge block trade

Sydney, 10 May 2016: Clayton Utz has acted for funds advised by Ironbridge Capital Management (Ironbridge Funds) on the $120 million+ block trade of 38,000,000 shares held by the Ironbridge Funds in Eclipx Group Limited (Eclipx). 

Corporate/private equity partners David Stammers and Niro Ananda led the team, which included Kounny Rattley.

In recent years, the Clayton Utz Private Equity team has acted on a number of block trades for private equity investors exiting investments in ASX-listed companies, with a combined value of over $2.4 billion. 

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Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.