The deal is "a great example of how private equity can successfully partner with business owners", firm partner says
Arnold Bloch Leibler (ABL) has assisted private equity firm Anacacia Capital on a majority investment in MGI Golf.
According to the AFR’s Street Talk column, co-investing with Anacacia Capital are Australian golf star Karrie Webb, Olympic basketball player Matthew Dellavedova and cricket star Mitchell Starc. The investments add to MGI Golf’s register for the first time since its establishment in 1993.
ABL senior associate Ari Bendet described the transaction as “a great example of how private equity can successfully partner with business owners to help achieve their shared goals and get deals done in otherwise challenging private equity market conditions”.
ABL partner Jeremy Leibler headed up the private equity deal alongside Bendet. They received assistance from lawyer Natalie Ryan and law graduate Aaron Low. The debt financing aspects were handled by banking and finance partner Nathan Briner, senior associate Crosby Radburn, lawyer Liam Johnson and law graduate Zac Duchen.
