Stuart Byrne
Clayton Utz
Stuart is an excellent practitioner. His experience and knowledge in the ECM sector is second to none, and he is very commercial and practical in his advice whilst also being detail-oriented.
– Chambers
One of Australia's leading corporate, M&A, and capital markets lawyers and Head of our Equity Capital Markets team, recognised as Band 1 by Chambers ECM and Legal 500. Brings extensive expertise to advising companies and major investment banks on a wide array of fundraising and other corporate transactions. A client-centric approach, combined with broad skills in both public and private corporate matters, underpins guidance to ASX-listed and unlisted issuers and investment banks. Expertise includes IPOs, placements, capital raisings, investment vehicles, hybrid securities, head office advisory, governance, and M&A.
Equity Capital Markets experience:
Asciano: Advised on a landmark A$2.35 billion placement and accelerated entitlement offer.
InvoCare: Advised on a scheme of arrangement with TPG, various capital raisings, and head office matters.
Marley Spoon SE: Advised on its 2023 business combination with German-listed SPAC 468 SPAC II SE, including a A$157 million capital raise, funding rounds, convertible bonds, ASX de-listing, and Frankfurt re-listing.
Nuix Limited: Advised on its A$1.7 billion IPO and listing on ASX, helping Nuix to raise approximately A$953 million.
Tyro Payments Limited: Advised on its IPO, strategic transactions, and head office matters.
SongTradr: Advised on corporate transactions, including fundraisings and investments in Jaxta.
WiseTech Global: Oversaw IPO and acquisitions. Advised logistics SaaS provider WiseTech on its A$1.4 billion IPO, pre-IPO equity and debt raising (including with Fidelity Investments), and the acquisition of Cargo Community Network Australia.
ATI Global: Corporate and transaction adviser to one of Australia's largest unlisted tech companies.
FINEOS Corporation Holdings PLC: Advised on corporate matters since its IPO, including fundraisings and a A$40 million placement.
Limeade, Inc.: Advised on its IPO, strategic advice, and ultimate merger and delisting via a A$112 million acquisition by WebMD Health Services.
Charter Hall WALE Limited: Advised on a A$94.1 million entitlement offer to fund the acquisition of Virgin Australia's Brisbane head office.
Conrad Asia Energy Ltd: Advised on its A$45 million IPO and ASX listing, with an opening market capitalisation of A$233 million.
Kinetic Development Group Ltd: Advised on its US$90 million subscription into MC Mining Limited.
Macquarie Capital: Advised as underwriter to TPG Telecom’s A$400.3 million entitlement offer.
Goldman Sachs: Advised on Sigma Healthcare Limited’s A$400 million equity raise.
Morgans and Morgan Stanley: Advised as joint lead managers on Corporate Travel Management’s A$375 million entitlement offer.
Corporate and M&A experience:
Quadrant Energy: Advised Brookfield and Macquarie-led consortium on the US$2.5 billion sale of Quadrant Energy to Santos Limited.
Bidder Consortium (Ironbridge and Salter Brothers): Advised on the acquisition of Prospa Limited via a scheme of arrangement, including a public-to-private structure and post-deal arrangements.
Toxfree Solutions: Advised on its A$186 million acquisition of Daniels Health Pty Ltd and related assets.
CoverMore: Advised as Joint Lead Managers on the A$138 million acquisition of Travelex Insurance Services.
Navigator Global Investments Limited: Advised on its A$297 million restructuring and fundraising.
InvoCare Limited: Advising in respect of its active takeover defence following a scheme of arrangement proposal from TPG Capital for A$1.86 billion.
TTI, Inc. (a subsidiary of Berkshire Hathaway): Advised on its acquisition of Australian-based multinational semiconductors business Braemac.
InLoop Pty Ltd: Strategic sale of LanternPay to HICAPS.
Prospa: Advised the bidding consortium on its take private via scheme of arrangements for ASX-listed Prospa.
Keypath: Advised Keypath on Sterling Partners take private merger transaction for ASX-listed Keypath.
Marley Spoon: Advised Marley Spoon on the sale of its ChefGood business to My Muscle Chef, a portfolio company of Quadrant Private Equity.