Skip to main content

Gordon Brothers Provides Allegro Funds $160M Financing Package to Support Toll Global Express Australia & New Zealand Acquisition

Written by Customer Service on . Posted in Mergers And Acquisitions.

Sydney, Sept. 01, 2021 (GLOBE NEWSWIRE) — Sydney, September 2, 2021 – Gordon Brothers, the global advisory, restructuring and investment firm, has arranged and underwritten a financing package for private equity firm Allegro Funds to support its acquisition of Toll Global Express in Australia and New Zealand.

The financing package for the Australian business features a A$150 million comprehensive finance package. The New Zealand borrowers will receive a NZ$10 million facility.

Gordon Brothers performed multiple roles to support Allegro Funds in this complex and transformative acquisition, including financing, valuation and asset remarketing. The firm worked collaboratively and quickly to structure a bespoke, tailor-made financing package for Allegro Funds and valued over 11,000 assets.

“We’re pleased to support our partner Allegro Funds in this complex transaction,” said Tim Stewart, Head of Australia at Gordon Brothers. “This serves as a testament to our cross-team skills as we operated across multiple Gordon Brothers businesses to provide a customised solution for the client.”

“We’ve worked collaboratively with Gordon Brothers previously, which made the firm the natural partner of choice,” said Adrian Loader, Allegro Funds. “They have demonstrated their proven track record in supporting complex turnarounds and partnering to provide custom financing.”

Please contact Tim Stewart at tstewart@gordonbrothers.com for more information.

-Ends-

 

About Gordon Brothers

Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, operating executives, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four service areas: valuations, dispositions, operations and investments. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to put assets to their highest and best use. Gordon Brothers conducts more than $70 billion worth of dispositions and appraisals annually. Gordon Brothers is headquartered in Boston, with over 30 offices across five continents.

About Allegro Funds

Allegro is Australasia’s most-awarded and largest transformation and turnaround private equity firm. Allegro provides Transformational Capital—applying capital, expertise and a distinctly hands-on approach—to invest in businesses and reposition them for sustained long term growth. Over the past 20 years, Allegro has demonstrated a strong track record of partnering with management teams and key stakeholders to build better businesses and create enduring value. Allegro manages funds on behalf of local and global institutional investors, including some of the largest superannuation funds.

 

CONTACT: Lauren Nadeau
Gordon Brothers
617-422-6599
lnadeau@gordonbrothers.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.