Arnold Bloch Leibler has advised private equity and investment management firm, Alceon Private Equity, on its acquisition of a 50% interest in agricultural equipment manufacturer, Boss Engineering.
The deal is Alceon’s largest private equity investment to date, valuing Boss Engineering at approximately $170 million.
A cross-practice ABL team advised Alceon, led by Corporate and M&A partner, Scott Phillips, senior associate Ari Bendet and lawyer Stephanie Parsons, with banking & finance advice from senior associate Crosby Radburn and lawyer Chris Regester, and guidance on employment law issues from special counsel Rachel Soh and lawyer Madeleine Durrant.
Commenting on the transaction, Scott Phillips said: “Boss Engineering is an Australian manufacturing success story with a strong founder led team. Alceon Private Equity’s deep experience and entrepreneurial approach make them a natural fit for Boss. This partnership will allow Boss to build on the innovation it has shown over 10+ years and, with Alceon’s guidance, scale the business and its platform to take full advantage of the powerful agricultural sector tailwinds.”
