Jonathan Algar's broad experience in mergers and acquisitions, Corporations Act and ASX Listing Rule compliance and foreign investment has seen him advise on some of Australia's most significant corporate transactions involving takeovers, mergers, demergers, reorganisations, acquisitions and divestments across a range of industry sectors. 

Some of his notable transactions include advising:

  • AMP on its $14.6bn merger with AXA Asia Pacific;
  • CIC on its $2.45bn acquisition of the Investa Property Portfolio, and its successful $1.4bn consortium bid for ING industrial Fund;
  • Brookfield on a number of strategic acquisitions including its successful takeover of Thakral Group;
  • Origin on its successful defence of the $13.6bn hostile takeover bid by BG Group Plc;
  • SFG on its merger with IOOF;
  • RESIMAC on its reverse merger with Homeloans creating a $13bn mortgage portfolio;
  • Nexans on its $515mn acquisition of Olex; Macquarie Group on a number of strategic acquisitions, including its acquisition of the Woolworth's credit card portfolio; and
  • ABInBev on the Australian aspects of its $104bn merger with SABMiller.

He has also helped many Australian growth and tech companies achieve scale (including through IPO and pre-IPO raisings), successfully execute on their strategies and become market leaders in their fields. Clients in growth and tech include Accel Partners, Macquarie Group, Investec, WiseTech Global, OFX Group, Oneview Healthcare, RESIMAC, Xenith IP, amaysim, Groupon and Ingram Micro Inc. 

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Expertise

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Corporate / M&A

TELECOMMUNICATIONS, MEDIA, ENTERTAINMENT & TECHNOLOGY (TMET)

Investec: Jonathan advised Investec in relation to its strategic acquisition of TMET assets including Uber adjacent business Splend.

Mathspace: Jonathan is acting for Mathspace in connection with its successful tender in 2017 to provide a digital maths teaching platform to Hong Kong public schools.

NGA Human Resources/Goldman Sachs: Jonathan advised NGA, a Goldman Sachs backed multi-national SaaS HR and payroll solutions provider, on the sale of its ANZ business to Ascender, valuing the combined business at A$500m ‒ completed in 2017.

WiseTech Global: Jonathan advised logistics SaaS provider WiseTech on its IPO valuing the company at over A$1.4bn and in respect of its pre-IPO round of equity and debt raising (including with Fidelity Investments) and in respect of its recent acquisition of Cargo Community Network Australia.

amaysim: Jonathan advised mobile virtual network operator amaysim Australia on its strategic review resulting in its IPO and ASX listing, giving it a market capitalisation of A$350m its novel tender block trade process and in respect of its recent M&A activity including its acquisitions of a Queensland based MVNO and AusBBS broadband network solutions provider.

OzForex Group Limited: Jonathan advised OzForex in relation to the ~A$900m unsolicited takeover approach by Western Union, on its dual track trade sale / IPO process and in respect of its ongoing strategic and corporate needs.

Accel Partners:  Jonathan is the long-term adviser to Silicon Valley-based Accel on its investments in Australasia including in respect of its A$128m investment in online accounting software maker Xero, its $US35m investment in Invoice2go and in respect of its investment in OzForex.

Macquarie Group: Jonathan advised Macquarie in relation to its investment in Nuix.

Oneview Healthcare: Jonathan advised multi-national healthcare technology company Oneview Healthcare on its 2016 IPO and ASX listing (the first Irish company to list on the ASX).

Bravura Solutions Limited: Jonathan advised Bravura in relation to the A$170m take private of minority interests in Bravura by private equity fund Ironbridge Capital.

MySale Group: Jonathan advised on MySale on its acquisition of Grays Online's retail business in 2016, and also on its recent successful £340m initial public offering and listing on AIM on the London Stock Exchange and pre-IPO investment by Sir Philip Green's Shelton Capital.

ICM Airport: Jonathan advised ICM on its acquisition of Vedaleon Technologies, an aviation software solutions provider.

Salmat Limited: Jonathan advised Salmat on its recent unwritten rights issue in connection with its acquisition of MicroSourcing International.

Booktopia: Jonathan advised Booktopia on its strategic and corporate finance needs including its recent restructuring and its acquisition of Angus & Robertson and Bookworld from Penguin Random House.

Ingram Micro Inc.: Jonathan advised NYSE listed Ingram Micro Inc on its A$700m competitive trade acquisition of Tech Pacific from CVC Asia Pacific.

FINANCIAL SERVICES

RESIMAC:  Jonathan advised RESIMAC, a leading non-bank financial institution specialising in originating, servicing and securitising mortgage assets, on its recent reverse scrip merger with Homeloans Limited, an ASX-listed entity, creating a combined $13bn Australian mortgage portfolio.

SFG Australia Limited:  Jonathan advised SFG on its ~A$700m merger by scheme of arrangement with IOOF Holdings Limited, creating a A$2.5bn + financial services group and in respect of its scrip for scrip merger proposal for ASX listed Crowe Horwath as well as a number of strategic bolt-on acquisitions.

AMP Limited:  Jonathan advised AMP on its A$14.6bn merger with AXA Asia Pacific Holdings Limited and the separation and sale of its Asian businesses to AXA SA ‒ one of Australia's the largest M&A transactions.

Macquarie Group:  Jonathan advised Macquarie in relation to the acquisition of Woolworths white label credit card portfolio from HSBC Australia for over A$360m.

Macquarie Group:  Jonathan advised Macquarie on a numbers of its strategic investments.

GENERAL INDUSTRIAL

Xenith IP Group: Jonathan advised ASX-listed Xenith on its A$150m acquisition of patent attorney and law firm Griffith Hack, and Xenith's underwritten rights issue to fund the transaction ‒ completed in 2017. Generally, he advises Xenith on its corporate and strategic needs.

ABinBev:  Jonathan is advising ABinBev on the Australian corporate aspects of its US$104bn merger with SABMiller.

Coca-Cola Amatil:  Jonathan advised on the A$520m trade sale of CCA's South Korean business to LG Household & Healthcare.

Pacific Equity Partners (PEP): Jonathan advised PEP on its A$280m unsolicited take private proposal for Tassal Group Limited via a scheme of arrangement.

Nexans: Jonathan advised Paris Stock Exchange-listed Nexans on A$515m competitive trade acquisition of Olex Cables from Catalyst private equity funds and AMP.

Woolworths Limited: Jonathan acted on the A$380m acquisition by ALH Group (a joint venture between Woolworths and the Bruce Matheson Group) from funds managed by Catalyst and various management shareholders of Taverner Hotel Group.

Hugo Neu Corporation (HNC): Jonathan advised New York-based HNC on the over A$600m merger of its metal recycling operations with those of Sims Group Limited and on the subsequent sale of part of its stake to Mitsui Metals.

Boral: Jonathan acts for Boral on a number of strategic acquisitions.

HEALTHCARE

Symbion Health:  Jonathan advised on the A$2.5bn plus takeover bid for Symbion Health by Primary Health Care and the previous schemes of arrangement involving Healthscope and Ironbridge and Archer Capital.

Mayne Group: Jonathan advised Mayne on its A$813m competitive trade sale of 53 private hospitals across Australia and Indonesia to a consortium of private equity buyers including CVC Asia Pacific and Ironbridge.

ENERGY AND RESOURCES

Origin Energy:  Jonathan advised Origin on its successful defence of a A$13.6bn hostile takeover bid by BG Group Plc.

Pacific Road Private Equity: Jonathan advises Pacific Road on a range of matters including in relation to its equity and PIPES investment in various ASX-listed mining and resources entities.

REAL ESTATE

Tasmanian Land Co & VDL: Jonathan advised Tasmanian Land Co and a New Zealand government entity in relation to the A$250m+ sale of Tasmanian dairy farming assets of Van Diemen's Land Company to an offshore acquirer including in respect of FIRB matters.

China Investment Corporation (CIC):  Jonathan advised CIC on its successful A$2.45bn bid for the Investa property portfolio.

Brookfield: Jonathan advised Brookfield on its successful A$480m takeover bid for Thakral Holdings Group and the acquisition of 100% of KPMG Tower following the takeover of CPA by Dexus / CPPIB.

China Investment Corporation (CIC): Jonathan advised CIC, as a consortium member, in relation to the consortium's A$1.4bn acquisition of ING Industrial Fund by scheme of arrangement

EQUITY CAPITAL MARKETS

SpotCap: Jonathan advised Fintech leader SpotCap on the establishment of its 2017 funding lines from NZX-listed bank Heartland.

Salmat Limited: Jonathan advised Salmat on its recent unwritten rights issue in connection with its acquisition of MicroSourcing International.

Booktopia: Jonathan advised Booktopia on its strategic and corporate finance needs including its recent restructuring and its acquisition of Angus & Robertson and Bookworld from Penguin Random House.

Xenith IP Group: Jonathan advised ASX-listed Xenith on its A$150m acquisition of patent attorney and law firm Griffith Hack, and Xenith's underwritten rights issue to fund the transaction ‒ completed in 2017. Generally, he advises Xenith on its corporate and strategic needs.

WiseTech Global: Jonathan advised logistics SaaS provider WiseTech on its IPO (valuing the company at over A$1.4 bn) and its pre-IPO round of equity and debt raising (including with Fidelity Investments). He also advised WiseTech on its recent acquisition of Cargo Community Network Australia.

amaysim: Jonathan advised mobile virtual network operator amaysim Australia on its strategic review resulting in its IPO and ASX listing, giving it a market capitalisation of A$350m its novel tender block trade process. He's also advised it on its recent M&A activity, including its acquisitions of a Queensland-based MVNO and AusBBS broadband network solutions provider.

OFX Group Limited: Jonathan advised OzForex (OFX) in relation to the ~A$900m unsolicited takeover approach by Western Union, on its dual track trade sale / IPO process, and on its ongoing strategic and corporate needs.

Oneview Healthcare: Jonathan advised multinational healthcare technology company Oneview Healthcare on its 2016 IPO and ASX listing (the first Irish company to list on the ASX).

MySale Group: Jonathan advised MySale on its acquisition of Grays Online's retail business in 2016, and also on its recent successful £340m initial public offering and listing on AIM on the London Stock Exchange and pre-IPO investment by Sir Philip Green's Shelton Capital.

See Corporate / M&A

Mergers and Acquisitions

TELECOMMUNICATIONS, MEDIA, ENTERTAINMENT & TECHNOLOGY (TMET)

Investec:  Jonathan advised Investec in relation to its strategic acquisition of TMET assets including Uber adjacent business Splend.

Mathspace:  Jonathan is acting for Mathspace in connection with its successful tender in 2017 to provide a digital maths teaching platform to Hong Kong public schools.

NGA Human Resources/Goldman Sachs: Jonathan advised NGA, a Goldman Sachs backed multi-national SaaS HR and payroll solutions provider, on the sale of its ANZ business to Ascender, valuing the combined business at A$500m ‒ completed in 2017.

WiseTech Global: Jonathan advised logistics SaaS provider WiseTech on its IPO (valuing the company at over A$1.4 bn) and its pre-IPO round of equity and debt raising (including with Fidelity Investments). He also advised WiseTech on its recent acquisition of Cargo Community Network Australia.

amaysim: Jonathan advised mobile virtual network operator amaysim Australia on its strategic review resulting in its IPO and ASX listing, giving it a market capitalisation of A$350m its novel tender block trade process. He's also advised it on its recent M&A activity, including its acquisitions of a Queensland-based MVNO and AusBBS broadband network solutions provider.

OFX Group Limited: Jonathan advised OzForex in relation to the ~A$900m unsolicited takeover approach by Western Union, on its dual track trade sale / IPO process, and on its ongoing strategic and corporate needs.

Oneview Healthcare: Jonathan advised multi-national healthcare technology company Oneview Healthcare on its 2016 IPO and ASX listing (the first Irish company to list on the ASX).

Accel Partners: Jonathan is the long-term adviser to Silicon Valley-based Accel on its investments in Australasia including in respect of its A$128m investment in online accounting software maker Xero, its $US35m investment in Invoice2go and in respect of its investment in OzForex.

Macquarie Group:  Jonathan advised Macquarie in relation to its investment in Nuix.

Bravura Solutions Limited:  Jonathan advised Bravura in relation to the A$170m take private of minority interests in Bravura by private equity fund Ironbridge Capital.

MySale Group: Jonathan advised on MySale on its acquisition of Grays Online's retail business in 2016, and also on its recent successful £340m initial public offering and listing on AIM on the London Stock Exchange and pre-IPO investment by Sir Philip Green's Shelton Capital.

ICM Airport:  Jonathan advised ICM on its acquisition of Vedaleon Technologies, an aviation software solutions provider.

Salmat Limited: Jonathan advised Salmat on its recent unwritten rights issue in connection with its acquisition of MicroSourcing International.

Booktopia:  Jonathan advised Booktopia on its strategic and corporate finance needs including its recent restructuring and its acquisition of Angus & Robertson and Bookworld from Penguin Random House.

Ingram Micro Inc.: Advised NYSE listed Ingram Micro Inc on its A$700m competitive trade acquisition of Tech Pacific from CVC Asia Pacific.

FINANCIAL SERVICES

RESIMAC: Advised RESIMAC, a leading non-bank financial institution specialising in originating, servicing and securitising mortgage assets, on its recent reverse scrip merger with Homeloans Limited, an ASX-listed entity, creating a combined $13bn Australian mortgage portfolio.

SFG Australia Limited: Advised SFG on its ~A$700m merger by scheme of arrangement with IOOF Holdings Limited, creating a A$2.5bn + financial services group and in respect of its scrip for scrip merger proposal for ASX listed Crowe Horwath as well as a number of strategic bolt-on acquisitions.

AMP Limited: Advised AMP on its A$14.6bn merger with AXA Asia Pacific Holdings Limited and the separation and sale of its Asian businesses to AXA SA ‒ one of Australia's the largest M&A transactions.

Macquarie Group: Advised Macquarie in relation to the acquisition of Woolworths white label credit card portfolio from HSBC Australia for over A$360m.

Macquarie Group: Advised Macquarie on a numbers of its strategic investments.

GENERAL INDUSTRIAL

Xenith IP Group: Jonathan advised ASX-listed Xenith on its A$150m acquisition of patent attorney and law firm Griffith Hack, and Xenith's underwritten rights issue to fund the transaction ‒ completed in 2017. Generally, he advises Xenith on its corporate and strategic needs.

ABinBev: Advising ABinBev on the Australian corporate aspects of its US$104bn merger with SABMiller.

Coca-Cola Amatil: Advised on the A$520m trade sale of CCA's South Korean business to LG Household & Healthcare.

Pacific Equity Partners (PEP): advised PEP on its A$280m unsolicited take private proposal for Tassal Group Limited via a scheme of arrangement.

Nexans: advised Paris Stock Exchange listed Nexans on A$515m competitive trade acquisition of Olex Cables from and Catalyst private equity funds and AMP.

Woolworths Limited: acted on the A$380m acquisition by ALH Group (a joint venture between Woolworths and the Bruce Matheson Group) from funds managed by Catalyst and various management shareholders of Taverner Hotel Group.

Hugo Neu Corporation (HNC): advised New York-based HNC on the over A$600m merger of its metal recycling operations with those of Sims Group Limited and on the subsequent sale of part of its stake to Mitsui Metals.

HEALTHCARE

Symbion Health: Advised on the A$2.5bn plus takeover bid for Symbion Health by Primary Health Care and the previous schemes of arrangement involving Healthscope and Ironbridge and Archer Capital.

Mayne Group: Advised Mayne on its A$813m competitive trade sale of 53 private hospitals across Australia and Indonesia to a consortium of private equity buyers including CVC Asia Pacific and Ironbridge.

ENERGY AND RESOURCES

Origin Energy: Advised Origin on its successful defence of a A$13.6bn hostile takeover bid by BG Group Plc.

Pacific Road Private Equity: Advise Pacific Road on a range of matters including in relation to its equity and PIPES investment in various ASX-listed mining and resources entities.

REAL ESTATE

Tasmanian Land Co & VDL: Advised Tasmanian Land Co and a New Zealand government entity in relation to the A$250m+ sale of Tasmanian dairy farming assets of Van Diemen's Land Company to an offshore acquirer including in respect of FIRB matters.

China Investment Corporation (CIC): Advised CIC on its successful A$2.45bn bid for the Investa property portfolio.

Brookfield: Advised Brookfield in relation to its successful A$480m takeover bid for Thakral Holdings Group and in respect of the acquisition of 100% of KPMG Tower following the takeover of CPA by Dexus / CPPIB.

China Investment Corporation (CIC): Advised CIC, as a consortium member, in relation to the consortium's A$1.4bn acquisition of ING Industrial Fund by scheme of arrangement

EQUITY CAPITAL MARKETS

SpotCap:  Jonathan advised Fintech leader SpotCap on the establishment of its 2017 funding lines from NZX-listed bank Heartland.

Salmat Limited: Jonathan advised Salmat on its recent unwritten rights issue in connection with its acquisition of MicroSourcing International.

Booktopia: Jonathan advised Booktopia on its strategic and corporate finance needs including its recent restructuring and its acquisition of Angus & Robertson and Bookworld from Penguin Random House.

Xenith IP Group: Jonathan advised ASX-listed Xenith on its A$150m acquisition of patent attorney and law firm Griffith Hack, and Xenith's underwritten rights issue to fund the transaction ‒ completed in 2017. Generally, he advises Xenith on its corporate and strategic needs.

WiseTech Global: Jonathan advised logistics SaaS provider WiseTech on its IPO valuing the company at over A$1.4bn and in respect of its pre-IPO round of equity and debt raising (including with Fidelity Investments) and in respect of its recent acquisition of Cargo Community Network Australia.

amaysim: Jonathan advised mobile virtual network operator amaysim Australia on its strategic review resulting in its IPO and ASX listing, giving it a market capitalisation of A$350m its novel tender block trade process and in respect of its recent M&A activity including its acquisitions of a Queensland based MVNO and AusBBS broadband network solutions provider.

OFX Group Limited: Jonathan advised OzForex (OFX) in relation to the ~A$900m unsolicited takeover approach by Western Union, on its dual track trade sale / IPO process, and on its ongoing strategic and corporate needs

MySale Group: Jonathan advised on MySale on its acquisition of Grays Online's retail business in 2016, and also on its recent successful £340m initial public offering and listing on AIM on the London Stock Exchange and pre-IPO investment by Sir Philip Green's Shelton Capital. 

See Mergers and Acquisitions

Telecommunications, Media and Technology

Investec: Jonathan advised Investec in relation to its strategic acquisition of TMET assets including Uber adjacent business Splend.

Mathspace: Jonathan is acting for Mathspace in connection with its successful tender in 2017 to provide a digital maths teaching platform to Hong Kong public schools.

NGA Human Resources/Goldman Sachs: Jonathan advised NGA, a Goldman Sachs backed multi-national SaaS HR and payroll solutions provider, on the sale of its ANZ business to Ascender, valuing the combined business at A$500m ‒ completed in 2017.

WiseTech Global: Jonathan advised logistics SaaS provider WiseTech on its IPO valuing the company at over A$1.4bn and in respect of its pre-IPO round of equity and debt raising (including with Fidelity Investments) and in respect of its recent acquisition of Cargo Community Network Australia.

amaysim: Jonathan advised mobile virtual network operator amaysim Australia on its strategic review resulting in its IPO and ASX listing, giving it a market capitalisation of A$350m its novel tender block trade process and in respect of its recent M&A activity including its acquisitions of a Queensland based MVNO and AusBBS broadband network solutions provider.

OzForex Group Limited: Jonathan advised OzForex in relation to the ~A$900m unsolicited takeover approach by Western Union, on its dual track trade sale / IPO process and in respect of its ongoing strategic and corporate needs.

Accel Partners: Jonathan is the long-term adviser to Silicon Valley-based Accel on its investments in Australasia including in respect of its A$128m investment in online accounting software maker Xero, its $US35m investment in Invoice2go and in respect of its investment in OzForex.

Macquarie Group: Jonathan advised Macquarie in relation to its investment in Nuix

Oneview Healthcare: Jonathan advised multi-national healthcare technology company Oneview Healthcare on its 2016 IPO and ASX listing (the first Irish company to list on the ASX).

Bravura Solutions Limited: Jonathan advised Bravura in relation to the A$170m take private of minority interests in Bravura by private equity fund Ironbridge Capital.

MySale Group: Jonathan advised on MySale on its acquisition of Grays Online's retail business in 2016, and also on its recent successful £340m initial public offering and listing on AIM on the London Stock Exchange and pre-IPO investment by Sir Philip Green's Shelton Capital.

ICM Airport: Jonathan advised ICM on its acquisition of Vedaleon Technologies, an aviation software solutions provider.

Salmat Limited: Jonathan advised Salmat on its recent unwritten rights issue in connection with its acquisition of MicroSourcing International.

Booktopia:  Jonathan advised Booktopia on its strategic and corporate finance needs including its recent restructuring and its acquisition of Angus & Robertson and Bookworld from Penguin Random House.

Ingram Micro Inc.: Advised NYSE listed Ingram Micro Inc on its A$700m competitive trade acquisition of Tech Pacific from CVC Asia Pacific.  

See Telecommunications, Media and Technology

Equity Capital Markets / IPOs

Xenith IP Group: Jonathan advised ASX-listed Xenith on its A$150m acquisition of patent attorney and law firm Griffith Hack, and Xenith's underwritten rights issue to fund the transaction ‒ completed in 2017. Generally, he advises Xenith on its corporate and strategic needs.

WiseTech Global: Jonathan advised logistics SaaS provider WiseTech on its IPO valuing the company at over A$1.4bn and in respect of its pre-IPO round of equity and debt raising (including with Fidelity Investments) and in respect of its recent acquisition of Cargo Community Network Australia.

Salmat Limited:  Jonathan advised Salmat on its recent unwritten rights issue in connection with its acquisition of MicroSourcing International.

amaysim: Jonathan advised mobile virtual network operator amaysim Australia on its strategic review resulting in its IPO and ASX listing, giving it a market capitalisation of A$350m its novel tender block trade process and in respect of its recent M&A activity including its acquisitions of a Queensland based MVNO and AusBBS broadband network solutions provider.

OFX Group: Jonathan advised OFX in relation to the ~A$900m unsolicited takeover approach by Western Union, on its dual track trade sale / IPO process, and on its ongoing strategic and corporate needs

MySale Group: Jonathan advised on MySale on its acquisition of Grays Online's retail business in 2016, and also on its recent successful £340m initial public offering and listing on AIM on the London Stock Exchange and pre-IPO investment by Sir Philip Green's Shelton Capital.  

See Equity Capital Markets/ IPOs

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