Project Favourite
Project Favourite

ADVISORY | TRANSACTIONS | VALUATIONS

Engaged by an Australian financial services group to perform valuations of more than 20 group entities at eight different valuation dates. We valued each entity on a standalone basis as well as the group as a whole utilising various methodologies and cross checks. Our work involved an in depth understanding of the intercompany transactions and detailed modelling to allocate an appropriate level of group costs to each entity.

__Advisory__ __Transactions__ __Valuations__ Financial Services
Project Wamberal
Project Wamberal

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | OPERATIONAL REVIEW

We assisted the senior management team of a large family owned civil engineering business with a detailed review of its transport and logistics division. Our review and resulting recommendations covered financial performance and related KPIs, as well as operational efficiency, compliance and governance.

__Advisory__ __Operational Review__ __Strategy & Business Improvement__ Transport & Distribution
Project Berowra
Project Berowra

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | STRATEGY

Worked with the CEO and senior management of a large private food and beverage company to set the medium to long-term business strategy. We facilitated the Argenti process to conduct SWOT and strategy workshops, identifying the strategic 'elephants' facing the business. We also assisted with the development and assessment of strategic initiatives in the context of the business' objectives and earnings targets.

__Strategy__ __Strategy & Business Improvement__ Hospitality
Project Kinder
Project Kinder

ADVISORY | TRANSACTIONS | SALE ASSISTANCE

Assisted a leading Australian childcare operator by introducing them to a global private equity group and subsequently assisted in negotiating the sale of the business. We navigated our client through an extensive due diligence process and were able to protect our clients' interests and most importantly the value that we had originally negotiated.

__Advisory__ __Sale Assistance__ __Transactions__ Community
Project Guinness
Project Guinness

ADVISORY | TRANSACTIONS | VALUATIONS

We performed a valuation for restructuring purposes of certain entities within a large contract beverage manufacturing group. Key to the valuation exercise was understanding the forecast growth profile of each business, which was underpinned by increased brewing capacity from a new facility and strong demand for craft beer domestically and internationally.

__Advisory__ __Transactions__ __Valuations__ Manufacturing
Boart Longyear
Boart Longyear

ADVISORY | TRANSACTIONS | INTEGRATION & CARVE OUT

We were engaged by Boart Longyear to assist with their acquisition program in the Asia Pacific Region. We assisted in regards to acquisition due diligence and the overall project management of seven acquisition opportunities. Two of the acquisitions were successful (Aqua Drilling and Grouting and Westrod Engineering) and we project managed the transaction, including due diligence, completion and the integration process.

__Advisory__ __Integration & Carve Out__ __Transactions__ Resources
Project Picture – New Zealand
Project Picture – New Zealand

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT

Assisted the Board of a large New Zealand print and media business with a review of its strategic options. Our review included valuing the business units on a standalone and group basis. During our review, we identified a number of operational improvement opportunities, and were subsequently engaged to assist with implementing these.

__Advisory__ __Strategy & Business Improvement__ Media & Communications
Winc New Zealand
Winc New Zealand

ADVISORY | GOVERNANCE, RISK & COMPLIANCE

We acted as Divestment Manager for the sale of Winc New Zealand (Winc NZ) by Platinum Equity, as part of their conditions with the Commerce Commission to acquire OfficeMax. We monitored the governance, management and performance of Winc NZ during the divestment process, reporting to the Commerce Commission on the independence of operations.

__Advisory__ __Governance Risk & Compliance__ Community
Project Vista
Project Vista

ADVISORY | TECHNOLOGY | ELECTRONIC DISCOVERY

Independent investigation into allegations raised by whistleblowers relating to the procurement and project management of consultants engaged to work on the delivery of a highly complex IT systems transformation project. We utilised our online web review platform to examine a large volume of data and identify relevant information in relation to the allegations and project governance.

__Advisory__ __Electronic Discovery__ __Forensic Technology__ __Technology__ Financial Services
Project Spicy
Project Spicy

ADVISORY | TRANSACTIONS | VALUATIONS

We were engaged by a well-known fast food franchise group to perform valuation calculations in relation to one of its network stores. The valuation was required to assist with negotiations around a deed of termination our client had entered into with the store. We performed scenario analyses on the term of the cash flows adopted for the purpose of our valuation to provide management with a range of valuation outcomes.

__Advisory__ __Transactions__ __Valuations__ Retail
Project Vitale
Project Vitale

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | BUSINESS ANALYTICS

Our client, a healthcare services business, had grown through acquisition and current systems failed to provide management with insights into profitability. We extracted and linked data across key business systems providing analysis and visualisation by location, division and employee which supported management in determining which business areas to invest in and which to exit.

__Advisory__ __Business Analytics__ __Strategy & Business Improvement__ Community
Project Esplanade
Project Esplanade

ADVISORY | TECHNOLOGY | ELECTRONIC DISCOVERY

Assisted a major Australian regional bank to prepare formal submissions prior to appearing before the Commission. We worked closely with internal and external legal advisers using our e-Discovery technology, project management expertise to identify and produce protocol compliant documents to the Commission from a data set in excess of 6.5 million documents.

__Advisory__ __Electronic Discovery__ __Forensic Technology__ __Technology__ Financial Services
Large Australian retailer
Large Australian retailer

ADVISORY | TECHNOLOGY | DIGITAL FORENSICS

Provision of digital forensic services to complement the retailer's internal Investigations capability. We forensically image devices such as laptops, desktops, server based data, cloud based data and mobile or tablet devices. This potential evidence is maintained by our team in a readily available state should investigation or further inquiry be required.

__Advisory__ __Digital Forensics__ __Technology__ Retail
Cyber incident response
Cyber incident response

ADVISORY | FORENSIC | DIGITAL FORENSICS

Worked closely with a university to identify the impact of a cyber security incident. CERT Australia advised that a public release of the server management platform NetSarang, used by the university, had been compromised after attackers embedded a piece of malware. The vendor removed the release from their site and quickly patched the vulnerability.

__Advisory__ __Digital Forensics__ Community
Cbus
Cbus

ADVISORY | TECHNOLOGY | CYBER & INFORMATION RISK

We worked with Cbus to establish an overall approach to Cyber and build ongoing resilience into their approach to, and use of, technology. This has also included conducting a Cyber Resilience Review and a number of Cyber safety and awareness initiatives addressing the People and Culture element of Cyber security.

__Advisory__ __Cyber & Information Risk__ __Technology__ Financial Services
Project Corporation
Project Corporation

ADVISORY | FORENSIC | RISK MANAGEMENT

Developed and assisted in the implementation of an updated integrity framework that included the rollout of an online integrity survey to all staff and contractors. We updated, and in some cases developed key policies, delivered awareness training to all staff and contractors and implemented an independent integrity reporting platform.

__Advisory__ __Forensic__ __Risk Management__ Infrastructure
Project Nobu
Project Nobu

ADVISORY | FORENSIC | INVESTIGATIONS

Independent investigation into allegations of corruption by a senior Qld Public Servant who was alleged to have been involved in a conflict of interest with a supplier who had been contracted, in breach of procurement guidelines, to deliver in excess of $2miillion of professional services to the Department.

__Advisory__ __Forensic__ __Investigations__ Government
Project Davistown
Project Davistown

ADVISORY | TRANSACTIONS | VALUATIONS

We assisted a well-known not-for-profit organisation with the strategic review of one of their underperforming business units. The review included the valuation of the business under various scenarios including going concern, wind-up and sale to commercial operator. Key to the valuation exercise was understanding the concessions the not-for-profit organisation received given their charity nature and how this would change under hypothetical commercial ownership.

__Advisory__ __Transactions__ __Valuations__ Community
Baralaba Coal Company
Baralaba Coal Company

ADVISORY | TRANSACTIONS | VALUATIONS

Assisted Baralaba Coal by providing management with valuation considerations in relation to the impact to non-associated shareholders of a proposed acquisition of the company by a secured creditor. The valuation exercise involved calculations under numerous scenarios and consideration of the advantages and disadvantages of the proposed transaction.

__Advisory__ __Transactions__ __Valuations__ Resources
Project Bear Lake
Project Bear Lake

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | INTERIM MANAGEMENT SOLUTIONS

Assisted the CFO at a mid-market IT business with resourcing needs by seconding an experienced Senior Manager into the role of Interim Financial Controller. The expertise that we have brought to the role has also translated into the facilitation of coaching and training sessions for the broader Finance team.

__Advisory__ __Interim Management Solutions__ __Strategy & Business Improvement__ Infrastructure
Project Centre – New Zealand
Project Centre – New Zealand

ADVISORY | FORENSIC | INVESTIGATION

We undertook a forensic review of payments made by a Principal to an agent over a twelve month period to determine the validity of these payments. Our investigation identified a series of fraudulent payments, through the use of fictitious invoices. Our work supported a High Court search order and related arbitration.

__Advisory__ __Forensic__ __Investigations__ Construction & Engineering
Medibank
Medibank

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | EARNINGS IMPROVEMENT

We worked closely with Medibank as it prepared for Initial Public Offering (IPO). Our work included assisting management develop and implement a strategy to restructure an underperforming business unit to eliminate significant costs prior to Medibank’s IPO.

__Advisory__ __Earnings Improvement__ __Strategy & Business Improvement__ Community
Boart Longyear
Boart Longyear

ADVISORY | TRANSACTIONS | TRANSACTION MANAGEMENT

Engaged by Boart Longyear to assist with their acquisition program in the Asia Pacific Region. We assisted with the overall project management of seven acquisition opportunities, two of which were successful, Aqua Drilling and Grouting and Westrod Engineering.

__Advisory__ __Transaction Management__ __Transactions__ Resources
Project Cosmic
Project Cosmic

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | BUSINESS ANALYTICS

Our client acquired a company that owned and operated a mine in Africa. We conducted an in-country bribery and corruption risk assessment. We identified a number of potentially corrupt payments to government personnel and entities that occurred prior to the acquisition and undertook extensive detailed inquiries to identify issues and provide information to the Serious Fraud Office.

__Advisory__ __Business Analytics__ __Strategy & Business Improvement__ Resources
Wesley Mission
Wesley Mission

ADVISORY | FORENSIC | CYBER & INFORMATION RISK

Worked with the Board and Executive Leadership Team of Wesley Mission Queensland to assess their current state of Cyber resilience and provide recommendations to enhance the existing framework. We also provide ongoing support in establishing a program that continues raise awareness amongst management and staff, and enhance capability in line with their mission and values.

__Advisory__ __Cyber & Information Risk__ __Technology__ Community
DLA Piper – International Arbitration
DLA Piper – International Arbitration

ADVISORY | FORENSIC | EXPERT WITNESS

Technology Expert in the first International Centre for Settlement of Investment Disputes (ICSID) case ever heard in Australia. The matter related to contractual arrangements of a Fuel Supply Arrangement for the Democratic Republic of Timor-Leste. The dispute also involved an Australian energy company supplying oil, fuel and power generators throughout the Pacific.

__Advisory__ __Expert Witness__ __Forensic__ Government
Project Atoll
Project Atoll

ADVISORY | FORENSIC | RISK MANAGEMENT

Investigation into allegations against a subcontractor. We were engaged to provide forensic, analytical and accounting services to a multinational operational services organisation following concerns raised about a subcontractor. Our enquiries focussed on the corporate structure of the subcontractor, its shareholders together with invoicing, third party payments, supply chains and accounting records.

__Advisory__ __Forensic__ __Risk Management__ Infrastructure
Aon Superannuation Pty Limited
Aon Superannuation Pty Limited

ADVISORY | FORENSIC | RISK MANAGEMENT

Independent compliance review of a conflicts management framework at a superannuation fund: Under SPS 521. Appointed to assess the framework as to its appropriateness, effectiveness and adequacy, to identify any areas of non-compliance and provide a report to the Board setting out our findings and any areas for improvement.

__Advisory__ __Forensic__ __Risk Management__ Financial Services
Regal Funds Management
Regal Funds Management

ADVISORY | FORENSIC | REGULATORY RESPONSE

Appointed Independent Compliance Expert in relation to an Enforceable Undertaking. We reviewed securities trading policies and procedures, reported on their adequacy and provided recommendations. A detailed trade review program was required under the Enforceable Undertaking which included a review of sample trades and related communications over specified periods. 

__Advisory__ __Forensic__ __Regulatory Response__ Financial Services
Pharmaceutical dispute
Pharmaceutical dispute

ADVISORY | FORENSIC | EXPERT WITNESS

Economic loss assessment arising from an injunction preventing our client selling a generic pharmaceutical in the Australian market. We quantified the loss and built a robust, transparent and flexible financial model which facilitated review of the impacts of a number of different legal arguments. The matter was settled by our client prior to trial.

__Advisory__ __Expert Witness__ __Forensic__ Manufacturing
Caltex acquisition of Nashi
Caltex acquisition of Nashi

ADVISORY | TRANSACTIONS | DUE DILIGENCE

We assisted Caltex in its acquisition of the Nashi sandwich and coffee business. Our work comprised of financial due diligence and assistance in negotiating purchase price and working capital adjustments as part of the business sale agreement. Our approach involved working closely with Caltex's strategy team and sharing findings in real time.

__Advisory__ __Due Diligence__ __Transactions__ Retail
Swisse Wellness
Swisse Wellness

ADVISORY | TRANSACTIONS | INTEGRATION & CARVE OUT

We assisted Swisse Wellness with the acquisition and integration of a vitamins packaging business. We led the planning and initial execution of the integration, including liaison with the vendor, other advisers and key Swisse management. Our work included detailed planning pre-acquisition to ensure the business transitioned to Swisse successfully.

__Advisory__ __Integration & Carve Out__ __Transactions__ Manufacturing
Victorian Government department
Victorian Government department

ADVISORY | TECHNOLOGY | CYBER & INFORMATION RISK

Assisted a Victorian Government Department respond to a live cyber incident that had the potential to defraud them by infiltrating their regular payroll payment process via the use of malware and infected computer systems within their corporate IT environment. Our report set out the sequence of events that led to the incident and recommendations to improve process and controls.

__Advisory__ __Cyber & Information Risk__ __Technology__ Government
Project Cisco
Project Cisco

ADVISORY | TECHNOLOGY | CYBER & INFORMATION RISK

Commonwealth appointed cybersecurity expert. Our role was to support a Federal Government Agency to navigate the technical specifics of a high profile cybersecurity event, identifying and collecting relevant information in order to conduct a thorough investigation of issues surrounding the event. The matter involved tight timelines and complex third party relationships and interests.

__Advisory__ __Cyber & Information Risk__ __Technology__ Government
WIN Corporation v Nine Network
WIN Corporation v Nine Network

ADVISORY | FORENSIC | EXPERT WITNESS

Independent Computer Expert. The dispute related to a broadcasting arrangement and considered the application of traditional broadcasting in the context of more modern digital streaming of on demand content. Presented evidence in the Supreme Court of New South Wales, around the functionality and accuracy of Internet Protocol (IP) Geolocation services in Australia.

__Advisory__ __Expert Witness__ __Forensic__ Media & Communications
Rhinomed
Rhinomed

ADVISORY | FORENSIC | REGULATORY RESPONSE

Appointed Independent Expert by an ASX listed entity under an Enforceable Undertaking in relation to continuous disclosure requirements. We assessed the adequacy of Rhinomed’s existing framework to deal with Continuous Disclosure and Corporations Act obligations. We reviewed policies and procedures, delivered training, made recommendations for improvement and provided a written report.

__Advisory__ __Forensic__ __Regulatory Response__ Community
Valuation of Trademarks and Brands
Valuation of Trademarks and Brands

ADVISORY | FORENSIC | EXPERT WITNESS

A purchaser of a construction business took issue with earnings and assets post acquisition. An assessment of the losses derived had the significant contracts stayed with the business was sought. We identified inconsistencies and errors regarding the valuation approach of the purchaser's expert. The court held the vendor was entitled to secure the relevant contracts.

__Advisory__ __Expert Witness__ __Forensic__ Manufacturing
Project Ambition
Project Ambition

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | CASH & WORKING CAPITAL

Worked with a privately-owned transport and logistics business to determine the reasons for its 'flat' cash flow, despite recent sales and earnings growth. We facilitated staff workshops to assess key responsibilities, analysed recent working capital performance and metrics, reviewed cash forecasting and reporting practices. Our approach identified a cash 'release' of approximately $4 million.

__Advisory__ __Cash & Working Capital__ __Strategy & Business Improvement__ Transport & Distribution
Project Terrigal
Project Terrigal

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | FINANCIAL MODELLING & FORECASTING

Assisted the senior management of a large listed fashion retailing and wholesaling business with a financial modelling exercise, considering several scenarios for potential restructure, wind-down and sale of two main trading divisions and related brands. Our work involved extensive forecasting to help articulate the impact of these scenarios on the business and its cash flow over the longer term.

__Advisory__ __Financial Modelling & Forecasting__ __Strategy & Business Improvement__ Retail
Mountain Goat
Mountain Goat

ADVISORY | TRANSACTIONS | SALE ASSISTANCE

We assisted Mountain Goat Beer on its successful sale to Asahi. Our work included extensive strategic and governance assistance prior to the decision to sell. We ran the sales process which included preparation of an information memorandum and data room, coordination of due diligence, management Q&A and transaction documentation.

__Advisory__ __Sale Assistance__ __Transactions__ Hospitality
Project Amber – New Zealand
Project Amber – New Zealand

ADVISORY | TRANSACTIONS | DUE DILIGENCE

We acted for the lead bidder of a major New Zealand aluminium window and door manufacturing and installation business. We approached our engagement in phases to most appropriately navigate the transaction, including an initial high-level review, subsequent detailed operational due diligence, and modelling potential consolidation synergies between the businesses, meeting tight deadlines in this competitive process.

__Advisory__ __Due Diligence__ __Transactions__ Manufacturing
Pacific T&R – New Zealand
Pacific T&R – New Zealand

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT

After selling Pacific T&R’s part-completed terpene and rosin extraction plant in New Zealand, we were engaged by the purchaser to project manage completion of the build. We identified and remedied a number of quality issues, secured the release of contractor retentions to the principal, and successfully completed a build that had run considerably over time and budget.

__Advisory__ __Strategy & Business Improvement__ Manufacturing
Project Fandango
Project Fandango

ADVISORY | TECHNOLOGY | ELECTRONIC DISCOVERY

Managed the review process, expediting the manual review of documents in response to an ASIC notice. The review required a deep understanding of financial markets and the ability to distinguish behaviours that could constitute market manipulation. Sophisticated technology was used to examine large volumes of data and an experienced team reviewed communications.

__Advisory__ __Electronic Discovery__ __Forensic Technology__ __Technology__ Financial Services
International construction JV Dispute
International construction JV Dispute

ADVISORY | FORENSIC | EXPERT WITNESS

Our client was a part of a Joint Venture combining maritime engineering expertise and large-scale resources projects. We reviewed costs incurred against the tender, variations and known delays. We identified significant cost increases compared to budget for particular types of labour. This allowed our client to resolve the dispute.

__Advisory__ __Expert Witness__ __Forensic__ Construction & Engineering
CBA
CBA

ADVISORY | FORENSIC | REGULATORY RESPONSE

Commonwealth Bank's Open Advice Review (OAR) Program: Appointed as Independent Forensic Expert to the OAR Program for customer remediation. We developed criteria for a risk-based review of clients registering for the Program. We developed protocols and criteria for client file reviews and a register of file anomalies and/or criminal breaches.

__Advisory__ __Forensic__ __Regulatory Response__ Financial Services
Project Hatch
Project Hatch

ADVISORY | FORENSIC | INVESTIGATIONS

Independent investigation into allegations of bribery and corruption involving senior executives colluding with external parties. We reported to an independent committee chaired by a former Federal Court judge and Royal Commissioner. The investigation uncovered evidence to support the allegations. We supported our client by reporting to regulators, law enforcement and informing its auditors.

__Advisory__ __Forensic__ __Investigations__ Financial Services
Project Kim
Project Kim

ADVISORY | FORENSIC | RISK MANAGEMENT

Engaged to review a major Telco's fraud risk methodology. We conducted a fraud risk assessment on the procurement function. As part of this assignment, we created detailed process maps of the procurement function and compiled a register of fraud risks. The methodology used has been adopted across the enterprise.

__Advisory__ __Forensic__ __Risk Management__ Media & Communications
Project Leicester
Project Leicester

ADVISORY | FORENSIC | EXPERT WITNESS

Independent Expert in a major construction project which required forensic analysis of costs, cost accounting and a report for arbitration. We quantified the costs associated with a successful $100m+ Change order. We identified all lay witness statements necessary to support the quantification. The matter settled prior to arbitration.

__Advisory__ __Expert Witness__ __Forensic__ Construction & Engineering
Project Emperor
Project Emperor

ADVISORY | FORENSIC | INVESTIGATIONS

Investigation into allegations of overcharging, kickbacks and hosting inappropriate material by the Chief Technology Officer and a former supplier. We identified evidence of collusion to inflate invoices, charges for equipment and services never provided, kickbacks in excess of $1m and inappropriate material being hosted on our client’s network.

__Forensic__ __Investigations__ Community
Project Waitara
Project Waitara

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | CORPORATE STREAMLINING

Assisted the finance function of Fletcher Building as it undertook a large corporate streamlining project across its Australian and NZ operations. Our role required regular interaction with senior finance staff and close management of the project plan implementation to ensure planned savings were achieved on time. This resulted in the removal of over 40 entities from the Group structure.

__Advisory__ __Corporate Streamlining__ __Strategy & Business Improvement__ Construction & Engineering
Project Boot
Project Boot

ADVISORY | TRANSACTIONS | DUE DILIGENCE

We provided acquisition support for L Capital Asia's investment in RM Williams, a fully integrated manufacturer, wholesaler and retailer of apparel and one of Australia’s most iconic brands. We worked closely with our client in forming a view on normalised earnings and assisted in the negotiation process on the completion account mechanism. Our client successfully completed a minority investment in the business.

__Advisory__ __Due Diligence__ __Transactions__
Project Emerton
Project Emerton

ADVISORY | FORENSIC | RISK MANAGEMENT

Investigation into allegations of bribery and corruption in respect of operations in Mauritania. This involved the examination of emails and accounting data accessed from in country, data analytics, conducted interviews and examined documentation in respect of contracts and acquisition of goods and services in country.

__Advisory__ __Forensic__ __Risk Management__ Resources
Project Mango
Project Mango

ADVISORY | FORENSIC | INVESTIGATIONS

Engaged by an Australian company captured by the UK Bribery Act operating in high risk jurisdictions in Africa. We undertook an in-country assessment focusing on their operations, policies and processes and provided specific recommendations on improving processes and meeting the obligations of the UK Bribery Act.

__Advisory__ __Forensic__ __Investigations__ Resources