Announced
Completed
Financials
Tags
financial sercives
Diversified Financials
Domestic
Majority
Completed
Single Bidder
Australia
Acquisition
Private
Private Equity
Friendly
Synopsis
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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