Private equity firm Madison Dearborn Partners finalizes purchase of APM Group International
On June 30, 2020, Madison Dearborn Partners (MDP), an American private equity firm, made a significant move in the workforce management and staffing sector by acquiring Advanced Personnel Management (APM) from Quadrant Private Equity. This strategic buyout marks MDP's first major Australian buyout.
APM, Australia's largest provider of disability employment services, was the company at the heart of the transaction. Quadrant Private Equity, an Australian investment firm known for growing its portfolio companies before exit events such as sales or IPOs, was the previous majority owner of APM.
The deal involved a buyout of a controlling stake in APM, with the company's founder, chief executive, and existing management remaining involved and invested in the company.
While specific names of individuals involved in the deal are not detailed in the search results, it is common for such transactions to involve senior executives from both the buying and selling firms, as well as leadership from the target company.
Legal advisory roles for this transaction are not explicitly stated in the provided sources. However, major private equity deals of this nature usually involve prominent law firms specializing in mergers and acquisitions and private equity transactions. In this case, Hoskin & Harcourt LLP acted as Canadian counsel to MDP in the APM buyout.
APM's Canadian subsidiary is WCG International Consultants Ltd. No explicit details about the transaction structure, valuation, or post-acquisition plans for APM are available in the search results. Similarly, the identities of specific roles such as CEOs, managing directors, or legal counsel involved in this particular deal are not found.
For more detailed information about the individuals involved or legal advisors, one would typically look to specialized deal announcements, press releases from the parties, or legal industry reports. Unfortunately, such information is not available in the current search results.
Finance was a key aspect of the deal as Madison Dearborn Partners (MDP) invested to acquire Advanced Personnel Management (APM), a significant move in the workforce management and staffing sector. Hoskin & Harcourt LLP, a prominent law firm specializing in mergers and acquisitions and private equity transactions, served as Canadian counsel to MDP in the APM buyout, indicating their involvement in the financial planning and legal aspects of the transaction.
