News and Views
Transaction & Advisory | July 2022
Savant Wealth Management Invests $3M in Advice Engagement Platform Lumiant
Alistair Jaque and Antony Bull acted for Lumiant on the investment in the company by Savant Wealth Management to support the expansion of the business into the U.S.
Yahoo - Savant Wealth Management Invests $3M in Advice Engagement Platform Lumiant- here
Lumachain Raises US$19.5M in Series A Funding Led by Bessemer Venture Partners
Alistair Jaque (Partner) and Antony Bull (Senior Associate) represented one of the existing shareholders on its increased investment in Lumachain, an Australian AI platform for the global meat processing industry. Lumachain raised a total of US$19.5 million in Series A funding led by Bessemer Venture Partners and Main Sequence to support its expansion to the US and scale up its team to roll out the platform to customers globally.
BlackRock acquires Melbourne-based battery developer Akaysha Energy
Alistair Jaque (Partner) and Steven An (Associate) acted for the shareholders of Akaysha Energy, a Melbourne-based battery developer, on its acquisition by one of the world’s largest fund managers, BlackRock. The acquisition by BlackRock’s climate infrastructure business will result in a $1 billion investment in grid-scale batteries and a significant shift from coal to clean energy in Australia.
Lonsec acquires Implemented Portfolios Limited
Alistair Jaque, Simon Correggia and Orhai Shiba acted for the shareholders of Implemented Portfolios Limited, a specialist Managed Discretionary Account provider to high net wealth individuals, on the sale of the company to Lonsec Holdings Pty Ltd.