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New Deal


Announced

Completed

Allegro Funds completed the acquisition of Australia's public sector business from PwC.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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financial sercives

Diversified Financials

Domestic

Majority

Completed

Single Bidder

Australia

Acquisition

Private

Private Equity

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Synopsis

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Allegro Funds, a private equity firm, completed the acquisition of Australia's public sector business, an advisory business will become an independent government specialist company, from PwC, a professional services brand of firms. Financial terms were not disclosed. “We have a once-in-a-generation opportunity to lead the change required in government advisory in Australia. The DNA of our people is solving complex problems impacting the public sector. Governments throughout Australia are assisted on a daily basis by external advisers, which play a meaningful role in the ecosystem of policy development and service delivery," Tim Jackson and Ben Neal, Scyne Advisory Partners.

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