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ABL acts for View Media Group on $50 million investment by ANZ

Corporate and M&A
Looking up at city buildings2
Arnold Bloch Leibler has acted for digital real estate and agent services business, View Media Group (VMG), on a $50 million investment by ANZ Bank.

Controlled by Anthony Catalano and Alex Waislitz, VMG owns, amongst other things, The Today Business, Apartment Development Group and has a stake in on-line real estate classifieds business, The investment by ANZ will allow VMG to further expand and grow market share.

Corporate and M&A partners Jeremy Leibler and Rebecca Zwier  acted on all aspects of the transaction, assisted by David Goldberg and Michelle Ainsworth.

Commenting on the investment, Rebecca said: "We are pleased to have assisted VMG in this milestone transaction and look forward to seeing the business continue to grow."

Catalano said the investment “speaks volumes for the work the team has done to build a major new player in the real estate media and technology sector.”

Waislitz also commented “With ANZ’s involvement adding to the already active participation of Seven West Media, we are now well on the way to creating Australia’s most exciting real estate prop-tech business.”

ABL also recently advised VMG on the acquisitions of proptech ventures The Today Business and AD Group.

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