Global law firm Norton Rose Fulbright has advised Ferrier Hodgson on its merger with giant international professional services firm KPMG, which completed on Friday 14 June 2019.
The merger of Ferrier Hodgson's restructuring, forensics and forensics IT business with KPMG has resulted in one of Australia's largest restructuring services and forensic advisory businesses, with 27 partners and more than 200 specialists. The deal was first announced on 14 March 2019.
Ferrier Hodgson was created in 1976 and was one of Australia's first independent firms specialising in restructuring, forensic, performance improvement and financial advisory. Under the terms of the deal, KPMG acquired Ferrier Hodgson's business located in Sydney, Melbourne, Brisbane and Perth. In addition, under a separate transaction, KPMG acquired the Ferrier Hodgson business located in Adelaide.
The Melbourne-based Norton Rose Fulbright team advised Ferrier Hodgson on all legal elements of both transactions.
Norton Rose Fulbright corporate and M&A partner Jeremy Wickens commented:
"We congratulate both Ferrier Hodgson and KPMG on the successful completion of their merger, which has created a high quality and well-resourced restructuring, forensics and forensics IT business in Australia. It was pleasing to be able to support Ferrier Hodgson with a diverse team of talented lawyers from our Melbourne corporate and M&A and restructuring and insolvency practices and other practices around the country. In particular, we'd like to thank them for placing their trust in us for this very important transaction."
The team was led by corporate partner Jeremy Wickens and financial restructuring and insolvency partner Steve Palmer, and was ably supported by corporate graduate Ellen Laughton and restructuring and insolvency special counsel Lee Pascoe, as well as their colleagues from the real estate, intellectual property, and financial restructuring and insolvency teams around the country.