I was approached by an operator looking to divest its portfolio of eight retirement villages and aged care facilities before leaving the industry.
I worked with the accountants to perform vendor due diligence, populate the electronic data room, prepare transaction documents and run a competitive tender. The client relied on my team’s broad expertise in property, planning, employment and intellectual property law to address issues and present the assets to the market in the best possible way.
Investing time in vendor due diligence minimised queries from bidders, simplified contract negotiations and achieved a fantastic price – $200+ million – ready for the client to invest in new endeavours.
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