Lisa Houston

Clayton Utz
Partner Brisbane
Overview

Lisa is a partner in the Clayton Utz Corporate M&A team. She advises leading companies, together with boards, issuers, lead managers, underwriters and investors, on complex and strategically significant transactions, with a focus on public and private mergers and acquisitions, equity capital markets and corporate restructuring.

In addition to transactional work, Lisa regularly advises on a broad range of corporate governance and regulatory matters, including directors' and officers' duties, ASX Listing Rule compliance and shareholder activism issues. She has extensive experience engaging with key regulators, including the Australian Securities and Investments Commission, ASX, the Takeovers Panel, the Australian Prudential Regulation Authority and the Australian Competition and Consumer Commission.

Lisa's expertise is recognised by her peers, most recently as a "Corporate & Commercial Law Rising Star" in Doyle's Guide (Queensland, 2026 and 2025) and in Australasian Lawyer's list of Rising Stars.

Notable Work

Public M&A

  • National Storage on its acquisition by a consortium of Brookfield and GIC by way of scheme of arrangement and trust scheme, for an enterprise value of AUD$6.7 billion. The transaction represented the largest all-cash deal in the global self-storage sector and the largest all-cash REIT privatisation in Australia.

  • Queensland Teachers' Union Health Fund on its merger with Teachers Federation Health Ltd, marking the first merger of both corporate entities and registered private health insurers to be implemented via an amalgamation scheme of arrangement.

  • SEQ Hospitality Group on its successful $88.6 million acquisition of Eumundi Group Limited by way of dual off-market takeover bid and scheme of arrangement.

  • Eagers Automotive Limited on its successful off-market takeover bid of Automotive Holdings Group Limited, valued at $1.2 billion.

  • ALS Limited on its successful $80 million off-market takeover bid for HRL Holdings Ltd.

  • Metro Mining Limited on its contested off-market takeover bid for Gulf Alumina Limited, including in relation to a Takeovers Panel proceeding in connection with the bid.

Private M&A

  • Eagers Automotive Limited on numerous private M&A transactions, including:

    • Australian aspects of Eagers' cross-border acquisition of a 65% ownership interest in CanadaOne Auto based on an enterprise value of CAD$2.5 billion and all aspects of its strategic partnership with Mitsubishi Corporation and Mitsubishi Corporation's investment in Eagers' easyauto123 business.

    • Establishment of the EVDealer Group joint venture for the sale of BYD electric vehicles in Australia.

    • $245 million acquisition of Victorian dealership portfolio and associated freehold properties from entities associated with Nick Politis.

  • Royal Automobile Club of Tasmania on its acquisition of the remaining 50% interest in RACT Insurance from Suncorp.

Equity capital markets

  • Eagers Automotive Limited on its $502 million underwritten accelerated non-renounceable entitlement offer and private placement.

  • Megaport Limited on its IPO, ASX listing and various secondary capital raisings, including institutional and strategic placements and share purchase plans.

  • Superloop Limited on its IPO, ASX listing and various secondary capital raisings, including institutional placements, entitlement offers and share purchase plans.

  • Retail Food Group Limited, intelliHR Limited, State Gas Limited, Velocity Property Group Limited and NOVONIX Limited on IPOs, ASX listings and/or secondary capital raisings.

Insights
ASX's proposed 25% scrip cap: when listed bidders will need shareholder approval for M&A
6 Aug 2026 | Article
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Media release: Clayton Utz promotes five to partnership
18 Jun 2026 | Media Release
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ASIC v Bekier: Federal Court imposes $1.1 million in penalties and lengthy disqualification, and costs against former Star Entertainment CEO and General Counsel
17 Jun 2026 | Article
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ASIC v Bekier: ASIC seeks millions in penalties and lengthy disqualification of former officers of Star Entertainment
3 Jun 2026 | Article
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Media release: Clayton Utz advises Sugar Terminals Limited on Terminal Operating Transition Agreement
15 Apr 2026 | Media Release
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What directors and officers need to know about ASIC's Court result against Star's former board and executives
16 Mar 2026 | Article
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Media release: Clayton Utz advises National Storage on landmark A$4 billion acquisition by Brookfield and GIC consortium
10 Dec 2025 | Media Release
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Media release: Clayton Utz advises Eagers Automotive on $502 million equity raising to partly fund ~A$1 billion acquisition of 65% equity interest in CanadaOne Auto
31 Oct 2025 | Media Release
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Media release: Clayton Utz advises Queensland Teachers' Union Health Fund on its successful merger with Teachers Federation Health
9 Jul 2025 | Media Release
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Media release: Clayton Utz advises SEQ Hospitality Group on $80.6 million acquisition of Eumundi Group Limited (ASX:EBG)
14 Feb 2025 | Media Release
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Media Release: Experienced corporate duo to bolster Clayton Utz's corporate practice
4 Jul 2024 | Media Release
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