Sargon Capital: Deal significance: Pacific Infrastructure Partners is a new entity formed for the purpose of investing in technology-enabled financial services. Its shareholders include Cloverhill Group LLC, Kibble Holdings LLC (including KH Investment Trust), and Vista Credit Partners (VCP), who also provided financing for the transaction. VCP is a strategic credit investor and financing partner offering a variety of capital solutions to the enterprise software, data and technology market. VCP is the credit-lending arm of Vista Equity Partners, a leading global technology investor. The Hall & Wilcox team conducted due diligence on the three superannuation licensees, CCSL Limited, Diversa Trustees Limited and Tidswell Financial Services Limited. The firm also acted as superannuation advisers to Quinn Emanuel, working with Pacific Infrastructure Partners to gain approval from the Australian Prudential Regulation Authority (APRA) for the change of control of the registrable superannuation entity (RSE) licensees.
| Org | Common People |
|---|---|
| Certane Group Pty Ltd | Marcus Price, Lindsay Tanner |
| Suncorp | Lindsay Tanner |
| Property Exchange Australia Ltd | Marcus Price |
| Iress Limited | Marcus Price |
| Types | Organization, Business, Private Company, Public Company |
| Start date | May 29 '20 |
| Region | Australia and Oceania |