Glow Capital expands portfolio with Menzies Facilities Services
Colin Biggers & Paisley advised Glow Capital Partners (Glow Capital) in its recent acquisition of a majority stake in Menzies Facilities Services, a long-established Australian specialist cleaning and facilities management provider.
Glow Capital is a private equity fund that invests in Australian and New Zealand businesses, partnering closely with founders and leadership teams to unlock long-term sustainable growth. Glow Capital has a strong emphasis on responsible investing and focus sectors including consumer and industrial brands, tech-enabled products and services and advanced manufacturing.
Colin Biggers & Paisley acted as legal adviser to Glow Capital on the transaction, working alongside a broader advisory team including PwC, Skye Capital Advisory, Bellrock and McGrathNicol.
Colin Biggers & Paisley provided advice on all legal aspects of the acquisition, including conducting legal due diligence, managing debt and equity financing arrangements, overseeing the acquisition process and securing foreign investment approval.
Glow Capital's Associate Director Michael McCormack said:
"This investment reflects Glow's focus on backing founder-owned businesses with strong market positions and embedded customer relationships. We look forward to partnering with Greg, Menzies CEO, and the management team to build on Menzies' established platform, while preserving and extending the legacy built by the Menzies family over nearly six decades. We would like to thank Justin Vaughan and Colin Biggers & Paisley's whole transaction team for their high-quality support across all legal aspects of our investment in Menzies."Special Counsel Justin Vaughan at Colin Biggers & Paisley, commented:
"Glow Capital is partnering with the current CEO and management team to build on Menzies' strong platform as the business enters its next phase of national growth. We are proud to have supported Glow Capital on this important transaction for them and for the Menzies business."The advisory team was led by Special Counsel Justin Vaughan and supported by expert specialist teams across the practice including:
Corporate & commercial
Jon Meadmore (Partner), Connie Chen (Partner), Shea Thompson (Solicitor), Ted Clenaghan (Solicitor), Aidan Williams (Solicitor), Sophie Knox (Solicitor), Elize Atme (Solicitor) and Kayleen Clements (Solicitor)
Banking & finance
Kate Craig (Partner) and Jon Pierre Obaid (Solicitor)
Property & development
Rebecca Castley (Partner)
Employment & safety
Adam Foster (Partner), Amy Leong (Senior Associate) and Declan Patrala (Solicitor).
For more information, please contact Alison Packer on 07 3002 5100 or alison.packer@cbp.com.au.
