Hamilton Locke advises private equity social impact fund manager For Purpose Investment Partners on the acquisition of Tender Loving Cuisine

Hamilton Locke advised For Purpose Investment Partners, through FP Ability Pty Ltd (FP Ability) on its acquisition Tender Loving Cuisine Australia Pty Ltd (TLC).

TLC provides services related to the home delivery of frozen meals including to seniors and people with disabilities across New South Wales, Victoria, Queensland and the ACT, including to NDIS and home care customers.

The acquisition of TLC adds to FP Ability’s acquisition of Well Movement Pty Ltd (trading as Able Foods) in 2022 and is expected to expand on their impact in the aged care and disability sectors and further FP Ability’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 Corporate M&A partner, James Delesclefs and Lawyer Zane O’Neill, with extensive support from IP and Technology Special Counsel Ben Cameron.

James Delesclefs said: ‘We are delighted to have assisted For Purpose Investment Partners 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 this important sector of the aged care and disability market, and help the team execute on further opportunities.”


For more information, please contact Hamilton Locke Corporate M&A Partner James Delesclefs.

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