Hamilton Locke advised private equity social impact fund manager, For Purpose Investment Partners (FPIP), through their portfolio company, Catalyst Education Pty Ltd (Catalyst Education) on the acquisition of Train Australia Pty Ltd (trading as ARC Training) (ARC Training).
ARC Training is a NSW-based registered training organisation (RTO) providing vocational education and training across New South Wales, the ACT and South Australia, with a particular focus on aged care, disability care, and business training.
The acquisition of ARC Training adds to FPIP’s skills education focus area following the acquisition of Catalyst Education and its existing RTO’s Selmar Institute of Education and Practical Outcomes in 2021, and is expected to expand on their impact in the education sector, provide greater opportunities for learners to access nationally recognised, industry-aligned education, and further FP Education’s social investment mandate.
Hamilton Locke advised on all aspects of the transaction from due diligence to managing the sale process and negotiation of ancillary commercial contracts. Hamilton Locke’s core team was led by Cristin McCoy (Corporate M&A Partner), James Delesclefs (Corporate M&A Partner), Debbie Tran (Senior Associate), and Zane O’Neill (Lawyer).
James Delesclefs said: ‘We are delighted to have assisted longstanding clients For Purpose Investment Partners and Catalyst Education with this strategic acquisition that will assist in expanding on its social investment mandate. We look forward to partnering with the combined group as it expands its offering further into the education sector, and help the team execute on further opportunities.”
For more information, please contact Hamilton Locke Corporate M&A Partners Cristin McCoy or James Delesclefs.
