Hamilton Locke advised longstanding HPX Group client IPD Group Limited (ASX:IPG) (IPD) on its acquisition of EX Engineering Pty Ltd (EX Engineering).
IPD specialises in power distribution, power monitoring, industrial control, renewables and services across a range of areas in the electrical industry and has been a client of the HPX Group’s Source Legal and Compliance offering for many years.
EX Engineering is a Perth-based business that specialises in the design, stocking, supply, modification, and repair of electrical hazardous area equipment (known as Ex equipment).
Hamilton Locke advised IPD on all aspects of the transaction from due diligence to managing the sale process and completion. Further details on the acquisition can be found here.
James Delesclefs said: ‘We are delighted to have assisted IPD with this strategic acquisition that will assist in building out its national footprint. The seamless nature of delivery across HPX Group’s Source and Hamilton Locke services is a strong example of our value proposition for ASX listed acquisitive clients. We look forward to partnering with IPD to incorporate EX Engineering into their group and help the team execute on further opportunities.”
The team at Hamilton Locke was led by Corporate M&A Lead, James Delesclefs and included Senior Associate Michael Jefferies, and Lawyers Ali Attia and Zane O’Neill.
