Curtin University
Curtin University

Advisory | Technology & Cyber | Cyber Risk

We sit on Curtin University’s professional security services panel and provide them with support for a number of specialised services, including digital forensics and technology-based investigations, information governance, risk and compliance services, cyber security and security awareness training. Our team is currently working with Curtin to identify early warning and risk insights using human behavioural data science.

__Advisory__ __Cyber Risk__ __Technology & Cyber__ Community
Optus
Optus

Advisory | Technology & Cyber | Cyber Risk

We have worked with the Retail and Customer Experience (CX) division of Optus, to establish a business centric privacy and information security risk review. We have also assisted Optus with building an overall approach to effectively identify and manage ongoing Information, Security and Privacy risks and issues across the CX business.

__Advisory__ __Cyber Risk__ __Technology & Cyber__ Media & Communications
ASX
ASX

Advisory | Technology & Cyber | Cyber Awareness

We are the only non Audit firm invited by the ASX to participate in the Cyber Health Check Working Group. This is a Cyber Awareness initiative launched by the ASX in 2016 after the launch of the updated National Cyber Strategy. The initiative's objective is to raise the awareness of Cyber at the highest levels of business within Australia's Top 100 listed companies.

__Advisory__ __Cyber Awareness__ __Technology & Cyber__ Financial Services
Allianz
Allianz

Advisory | Technology & Cyber | Cyber Risk

We are offered as one of three specialist Cyber advisory teams available to Allianz Australia Cyber clients. We assist their clients to understand their current cyber risk profiles as well as deal with incidents as they arise.  We also provide ongoing support to Allianz in relation to providing eDiscovery services supporting a range of requests.

__Advisory__ __Cyber Risk__ __Technology & Cyber__ Financial Services
SunSuper
SunSuper

Advisory | Technology & Cyber | Cyber Awareness

We operate under an ongoing Master Services Agreement with Sunsuper and support them to deliver Cyber education and awareness initiatives. We provide additional Cyber incident response capacity and support as required and advise the business on Digital Forensics matters. Notably we have assisted Sunsuper in relation to their ongoing Business Continuity Plans and Disaster Recovery testing which is conducted on a regular basis.

__Advisory__ __Cyber Awareness__ __Technology & Cyber__ Financial Services
Queensland Performing Arts Centre
Queensland Performing Arts Centre

Advisory | Governance, Risk & Compliance | Probity & Procurement

We were engaged as the advisor to design, lead and effect a “Queensland Performing Arts Centre (QPAC) procurement transformation” program. The program centered around ensuring the procurement function was a strategic business partner for operational management; and that those involved in procurement not only had a “functional” role but also a key supporting role in progressing QPAC’s strategy, governance and financial management initiatives.

__Advisory__ __Governance Risk & Compliance__ __Probity & Procurement__ Community
Project Watson
Project Watson

Advisory | Forensic | Investigations

Conducted an independent investigation into an alleged fraud by two employees using customer credit card details. The investigation examined mailboxes and laptops to identify relevant communications. Our investigations confirmed that an employee had recorded the credit card information of customers and had made personal purchases using these particulars. We also identified a number of procedural and control weaknesses in respect of the way customer information was being handled and communicated within the business.

__Advisory__ __Forensic__ __Investigations__ Resources & Mining
Holding Redlich Affinity Expert Report
Holding Redlich Affinity Expert Report

Advisory | Forensic | Expert Witness

Acted as an Independent expert in relation to the forensic analysis of an electronic document being brought before a court. We were engaged by Holding Redlich to identify the metadata properties of the document and provide our findings in a report to the engaging party. As a requirement of the engagement, we were to be retained as the digital forensic expert in the event that evidence was to be presented in the Supreme Court of Queensland.

__Advisory__ __Expert Witness__ __Forensic__ Technology
Project Paint
Project Paint

Advisory | Forensic | Investigations

Conducted an independent investigation into an Australian subsidiary of a US Parent company due to concerns of inappropriate accounting practices. Our investigation involved analysing the accounting system, reviewing policies and examining electronic data to identify whether any inappropriate accounting and authorisations took place, and whether it involved collusion amongst employees. Our independent report provided management with detailed findings for consideration and assisted them with making a decision on whether any further action would be required.

__Advisory__ __Forensic__ __Investigations__ Manufacturing
Project Zulu
Project Zulu

Advisory | Forensic | Investigations

Conducted an independent investigation into Government funding provided to a Registered Training Organisation (RTO), specifically relating to concerns that funding had been obtained dishonestly. Our investigation involved a site inspection, staff interviews and the examination of financial data and physical student records to determine whether the RTO had complied with relevant standards and funding agreements. Our investigations identified that $2m had been claimed by the RTO dishonestly through the falsification of qualifications and student records.

__Advisory__ __Forensic__ __Investigations__ Government
Senex Vulnerability Assessment 2020
Senex Vulnerability Assessment 2020

Advisory | Technology & Cyber | Cyber Risk

Conducted a comprehensive vulnerability assessment of the IT systems and networks of Senex Energy. This involved working closely with the organisation’s IT team, and following a systematic approach to identifying, testing and documenting any cybersecurity shortcomings in their environment. Our resulting report and recommendations have supported Senex in driving initiatives to further enhance their cybersecurity posture.

__Advisory__ __Cyber Risk__ __Technology & Cyber__ Resources & Mining
Protect Tote
Protect Tote

Advisory | Forensic | Investigations

We performed a review and quantification of employee payroll entitlements for a multinational retailer. Our review involved recalculating employee entitlements under the General Retail Award over the period since business acquisition and comparing these to actual payments made to employees. We identified discrepancies and prepared a report for the client’s legal advisors which formed the basis of self-reporting to the Fair Work Ombudsman.

__Advisory__ __Forensic__ __Investigations__
Project Matador
Project Matador

Advisory | Forensic | Investigations

We delivered an independent review and calculation of salary entitlements during an extensive review period from 2006 to 2019 for a water service provider. Our extensive model produced fortnightly calculations for more than 400 employees for the last 14 years. This was beneficial to facilitate the necessary discussions and remediation.

__Advisory__ __Forensic__ __Investigations__
Wesley Mission Queensland – CAP 2020
Wesley Mission Queensland – CAP 2020

Advisory | Technology & Cyber | Cyber Risk

We are working with the Executive Leadership and Technology teams at Wesley Mission Queensland to plan and deploy a Cybersecurity Awareness Program. This includes conducting phishing email campaigns, developing cyber alerts and information packs, providing cyber eLearning content and tailoring content to the staff at Wesley Mission. We will provide regular reporting throughout the program, to ensure the organisation is improving their cyber awareness amongst management and staff.

__Advisory__ __Cyber Risk__ __Technology & Cyber__ Community
EnergyAustralia
EnergyAustralia

Advisory | Strategy & Business Improvement | EARNINGS IMPROVEMENT

Provided strategic implementation services to EnergyAustralia as part of a major transformation program. We advised on key performance improvement strategies and drove action plan implementation across several key workstreams. Additionally we developed and implemented standard models to quantify the costs and benefits of many initiatives and assisted the Transformation Office develop and deliver regular reporting on the portfolio of initiatives to the Steering Committee and Board.

__Advisory__ __Earnings Improvement__ __Strategy & Business Improvement__ Infrastructure
EnergyAustralia
EnergyAustralia

Advisory | Transactions | DUE DILIGENCE

Acquisition due diligence on several businesses which supplied coal to EnergyAustralia’s NSW generation assets. Assistance included hands on integration planning and project management as a workstream lead working directly with the business. Our work resulted in the integration of several key workstreams up to six months ahead of schedule resulting in material cost savings.

__Advisory__ __Due Diligence__ __Transactions__ Infrastructure
AusNet
AusNet

Advisory | Transactions | DUE DILIGENCE

McGrathNicol provided due diligence to AusNet Services on their acquisition of Geomatic Technologies a provider of mobile and special technology solutions to solve asset management challenges. Our scope included normalised earnings, profit and loss, balance sheet, and working capital, and also included advice around net debt position and input into the working capital completion account mechanism.

__Advisory__ __Due Diligence__ __Transactions__ Infrastructure
Project Fatigue
Project Fatigue

Adviosry | Technology & Cyber | CYBER RISK

McGrathNicol performed an independent Cyber Forensic Review for a mid-sized superannuation fund following an incident reported to APRA. Based on our forensic analysis, we assisted in determining the likelihood of an actual cybersecurity incident based on existing Indicators of Compromise. We additionally determined the appropriateness of incident remediation activities performed by the client and their supporting service providers. Our report was communicated to the Audit and Risk Committee of the client, and was also leveraged in subsequent reporting to APRA.

__Advisory__ __Technology & Cyber__ Financial Services
Project Goku
Project Goku

Advisory | Forensic | Investigations

Investigation into allegations of conflict of interest, kickbacks and procurement anomalies by a high level technical employee and a current supplier. We identified information indicating a number of money transfers between the parties where appropriate explanations could not be provided, a private relationship between the owner of the supplier and the employee, and emails indicating some involvement of the employee in the establishment of the supplier company.

__Advisory__ __Forensic__ __Investigations__ Resources & Mining
Project Gutter
Project Gutter

Advisory | Forensic | Investigations

Investigation into allegations of bribery and kickback payments being made to an employee who had been ‘groomed’ by personnel from a network of related service providers. The employee received payments in return for assisting the providers submit the most competitive price. Our work utilised the services of private surveillance contractors, liaising with whistleblowers and the interrogation of electronic data held by our client. The employee’s employment was terminated following our investigation.

__Advisory__ __Forensic__ __Investigations__ Resources & Mining
McMillan Shakespeare
McMillan Shakespeare

Advisory | Transactions | Due Diligence

McMillan Shakespeare Limited engaged McGrathNicol to lead its acquisition due diligence in respect of its potential merger with Eclipx Group Limited (ECX). Against the backdrop of ECX’s unexpected disclosure of underperformance in certain business units, we were specifically chosen for our unique ‘hard edged’ investigative skills.

__Advisory__ __Due Diligence__ __Transactions__ Financial Services
Fuchs Lubricants
Fuchs Lubricants

Advisory | Transactions | Due Diligence

Acquisition advisory and due diligence for Fuchs Lubricants (Australasia) Pty Ltd regarding its acquisition of Nulon Products Australia (& NZ subsidiary). This acquisition provides Fuchs with a national footprint in the retail lubricants and coolants segment.

__Advisory__ __Due Diligence__ __Transactions__ Manufacturing
Project Syrup
Project Syrup

Advisory | Forensic | Investigations

Conducted an independent investigation into allegations that a government employee had failed to declare conflicts of interest, misused authority in a tender process, misused a corporate credit card and accepted gifts and benefits that were not declared. We examined mailbox accounts, computers and mobile phones as well as tender documentation and conflict of interests and gifts and benefits registers. The investigation substantiated the allegations and resulted in the the termination of this employee.

__Advisory__ __Forensic__ __Investigations__ Government
Project Oberon
Project Oberon

Restructuring | Safe harbour

We were engaged by a large, privately owned zinc mine with east coast operations that had suffered sustained losses due to production delays, rising AISC and a falling commodity price. The directors sought safe harbour protection while taking steps to implement a turnaround plan and attempt a sale and recapitalisation process that would maximise the return to creditors.

__Restructuring__ __Safe Harbour__ Resources & Mining
University of Sydney
University of Sydney

Advisory | Governance, Risk & Compliance | Compliance & Internal Audits

Assisted the University of Sydney in an independent review of the reporting and communication framework operating in the University’s Internal Audit and Investigations team. This involved a detailed review of the University’s key policies and functions, interviews with staff and University executives as well as members of the University’s Finance and Audit committee. Our final report provided recommendations for streamlining reporting procedures whilst also aligning the University’s charter to its future demand and requirements.

__Advisory__ __Compliance & Internal Audits__ __Governance Risk & Compliance__ Community
Project Etude
Project Etude

Advisory | Forensic | Expert Witness

Appointed as an Independent Expert in a class action litigation matter concerning the accounting and disclosure of losses on a troubled construction project. Our expert was engaged by the defendant’s legal counsel to provide an opinion on the operation of the Australian Accounting Standards and a response to the expert report submitted by the Plaintiffs. The matter reached a successful settlement prior to trial.

__Advisory__ __Expert Witness__ __Forensic__ Construction & Engineering
Project Pop
Project Pop

Advisory | transactions | Valuations

We were engaged by a fast-growing beverage business involved in the brewing, packaging and sale of Kombucha (a sugar free, fermented and effervescent tea) to provide independent valuation services. The valuation of 100% of the equity in the company was required to assist shareholders assess their strategic options.

__Advisory__ __Transactions__ __Valuations__ Hospitality
HOYTS Group
HOYTS Group

Advisory | Transactions | Valuations

We were engaged by HOYTS Group to provide independent valuation services to assist with goodwill impairment analysis for testing in line with China Securities Regulatory Commission guidelines.

__Advisory__ __Transactions__ __Valuations__ Media & Communications
EBI Australia
EBI Australia

Advisory | Transactions | Due Diligence

Provided financial due diligence and advisory services to Eternal Best Industries Limited on the acquisition of Spendless Shoes, a 220+ store business. Our scope spanned the full transaction lifecycle including term sheet negotiation, financial due diligence, price negotiation, day 1 planning, the net asset adjustment mechanism and drafting aspects of the share sale agreement. Our analysis identified a number of material issues which were ultimately resolved via a material purchase price adjustment and/or protection in the share sale agreement.

__Advisory__ __Due Diligence__ __Transactions__ Retail
Club Plus Superannuation
Club Plus Superannuation

Advisory | Technology & Cyber | CYBER RISK

McGrathNicol assisted Club Plus Superannuation (CPS), a superannuation fund with over $2.9 billion under management, in developing a modern and robust Cyber Incident Response Plan along with several scenario-based Incident Playbooks. By reviewing CPS documentation and performing a series of stakeholder discussions, we helped produced a robust response plan and playbooks to not only reflect CPS’ current response and communication practices, but also to ensure the requirements set out by APRA’s prudential standard CPS 234 are met.

__Advisory__ __Technology & Cyber__ Financial Services
Precision Group
Precision Group

Advisory | Technology & Cyber | CYBER RISK

We supported Precision Group in developing a revised, fit-for-purpose Information Security Policy to reflect the organisation’s current cybersecurity practices as well as where their current gaps exist against industry best practices. Using NIST as the guiding framework, McGrathNicol produced a revised Information Security Policy for Precision Group’s adoption. McGrathNicol also undertook a gap analysis to highlight the existing gaps between Precision Group’s current policies and procedures and what is reflected in the newly revised policy.

__Advisory__ __Technology & Cyber__ Property
Project Greengrove
Project Greengrove

Advisory | Forensic | Investigations

We were engaged to conduct an independent investigation into complaints of sexual harassment and bullying in the catering arm of an integrated services client. We conducted formal interviews with nine witnesses and persons of interest in respect of these allegations. Our work identified potential breaches of legislation and policies within the organisation. Our work was considered by senior HR personnel as part of their considerations on whether to implement disciplinary action.

__Advisory__ __Forensic__ __Investigations__ Hospitality
Project Errand
Project Errand

Advisory | Forensic | Investigations

We were engaged by our client’s legal advisors to provide a forensic accounting expert quantification of potential incorrect payroll payments made to employees engaged under the Road Transport Distribution Award. Our calculations formed the basis of communications with the Fair Work Ombudsman and over 300 impacted employees. We have also delivered a comprehensive payroll compliance audit after the Fair Work Ombudsman required our client to conduct an annual audit on a sample basis of pay periods.

__Advisory__ __Forensic__ __Investigations__ Transport & Distribution
Project Rotana
Project Rotana

Restructuring | Safe harbour

We were engaged by a national independent grocery delivery business seeking safe harbour protection. The business comprised of over 100 franchisees with a turnover exceeding $100 million. The unsustainable business model resulted in continued losses, leading the directors to seek safe harbour protection whilst a formal sale process was attempted as an alternate to the immediate appointment of a voluntary administrator.

__Restructuring__ __Safe Harbour__ Hospitality
Project Eaves
Project Eaves

Restructuring | Safe Harbour

Engaged by an ASX listed livestock and shipping business that had breached numerous facility agreements due to financial underperformance. The directors sought safe harbour protection whilst a turnaround plan was designed and implemented which included negotiation of standstill arrangements, sale and lease back of key assets and a potential sale transaction. The turnaround plan was successfully completed.

__Restructuring__ __Safe Harbour__ Agribusiness
WhistleOut
WhistleOut

Advisory | Transactions | Due Diligence

Vendor due diligence and sell side assistance on behalf of WhistleOut, a consumer comparison platform focussed on mobile, broadband and pay TV services principally across Australia and the US. The business was successfully sold to Clear Link Technologies, a subsidiary of Sykes Enterprises (Nasdaq:SYKE).

__Advisory__ __Due Diligence__ __Transactions__ Technology
Project Ewok
Project Ewok

Advisory | Forensic | Investigations

We were engaged as Supervisors and Forensic Auditors over a real estate business where concerns were held as to the Principal’s competency. Due to illness the Principal had not been recording daily transactions accurately and significant work was required to reconcile the agency’s Trust Account in order to identify creditors. As part of our work we managed the affairs of the agency, reviewed existing property contracts and ensured tenancy matters were transferred to new agencies.

__Advisory__ __Forensic__ __Investigations__ Property
Project Wamberal
Project Wamberal

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | OPERATIONAL IMPROVEMENT

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 Improvement__ __Strategy & Business Improvement__ Transport & Distribution
Tribe Breweries
Tribe Breweries

Advisory | Transactions | Due Diligence

Provided vendor due diligence services to Tribe Breweries on its successful minority stake sale to Advent Private Equity. The capital raised from the transaction was utilised to significantly expand Tribe's brewing capacity through the construction of a new brewery in Goulburn.

__Advisory__ __Due Diligence__ __Transactions__ Hospitality
Red Lea Group
Red Lea Group

RESTRUCTURING | INSOLVENCY

Conducted the wind down of the Red Lea Group’s farm, logistics, processing and retail operations. We pro-actively engaged with stakeholders including employees, farmers and franchisees to minimise the impact. Our investigations identified the transfer of assets and potential claims against related parties. We negotiated a Deed of Company Arrangement, as an alternative to liquidation. It is expected that full payment will be made to secured and priority creditors.

__Insolvency__ __Restructuring__ Agribusiness Retail
The Coomboona Group
The Coomboona Group

RESTRUCTURING | INSOLVENCY

We were appointed Receivers of The Coomboona Group by the primary secured creditor on the back of a shareholder dispute. Together with our dairy industry alliance partner, we quickly stabilised cash flow and rationalised operations (herd size, management structure, feed regime) to facilitate the going concern sale of the business. Our client’s mortgage was acquired by the 2nd ranking charge holder with our client making a full recovery including costs.

__Insolvency__ __Restructuring__ Agribusiness
Victorian Fisheries Authority
Victorian Fisheries Authority

Advisory | Governance, Risk & Compliance | Government

We were engaged by Victorian Fisheries Authority (VFA) to work with the Board and senior leadership team to undertake a strategic review of the finance operations including internal controls and review processes, budget and forecasting, statutory reporting, and structures. Following our review, we assisted VFA to implement a range of improvement initiatives aimed to increase its regulatory and compliance framework including month-end processes, financial reporting structures, and development of dashboard reporting formats for management and the Board.

__Advisory__ __Governance Risk & Compliance__ Government
Victorian Fisheries Authority
Victorian Fisheries Authority

Advisory | Governance, Risk & Compliance | Government

We were engaged by Victorian Fisheries Authority (VFA) to review the organisation’s statutory accounts and accompanying note disclosures for first and second year reporting as an independent statutory authority. We were actively involved in all aspects of VFA’s audit planning and ultimately led discussions with its external auditor, VAGO, during its first financial year. We were subsequently retained to implement a range of improvement initiatives to the finance function that aimed to increase the transparency and internal controls within the organisation.

__Advisory__ __Governance Risk & Compliance__ Government
Victorian Fisheries Authority
Victorian Fisheries Authority

Advisory | Governance, Risk & Compliance | Government

We were seconded to Victorian Fisheries Authority (VFA) to assist the finance team to undertake key financial and operational roles following its establishment as an independent statutory authority. During the secondment, we acted in senior finance roles on behalf of the Authority to undertake key regulatory and compliance work such as month-end and year-end financial management and reporting, asset management, revenue recognition, management and statutory reporting, and budgeting and forecasting to the Department of Treasury and Finance.

__Advisory__ __Governance Risk & Compliance__ Government
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 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__ __Strategy & Business Improvement__ Media & Communications
VCS Civil and Mining
VCS Civil and Mining

RESTRUCTURING | INSOLVENCY

As Receiver and Manager, appointed by a private investment and advisory firm, we managed a controlled wind down of the business and developed and implemented comprehensive realisation strategies across a portfolio of assets, including a fleet of equipment, various downstream equity interests and a portfolio of residential and commercial property.

__Insolvency__ __Restructuring__ Resources & Mining
Project Build – New Zealand
Project Build – New Zealand

RESTRUCTURING | TURNAROUND

We undertook an independent review of a large New Zealand residential home builder for the board and its financier, to highlight strategic risks and steps the company could take to mitigate these risks. Our review covered the businesses stock (land and buildings), management systems, impacts of market forces, cash flow and capital structure.

__Restructuring__ __Turnaround__ Construction & Engineering
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
Toys R Us
Toys R Us

Restructuring | Insolvency

Appointed Administrators to Toys R US, Australia's largest speciality toy retailer, with 44 stores, over 2500 employees during peak times and annual turnover of c.$300m. We traded the business to realise over $100m in stock while running a dual track sales process for the business and intellectual property, including websites, customer lists and licences. We returned to the secured creditor 4-5 times the funds they were willing to accept in respect of a going concern sale.

__Insolvency__ __Restructuring__ Retail
Project Vista
Project Vista

ADVISORY | Technology & Cyber | EDISCOVERY

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__ __eDiscovery__ __Forensic Technology__ __Technology & Cyber__ Financial Services
Unlockd
Unlockd

Restructuring | Insolvency

Appointed as Voluntary Administrators over this mobile advertising technology start-up following a legal dispute with Google. Notwithstanding significant constraints, we realised Unlockd’s technology and IP assets via a multi-jurisdictional sale campaign, in parallel to pursuing litigation funding for claims against Google.

__Insolvency__ __Restructuring__ Technology
RCR Limited
RCR Limited

Restructuring | Insolvency

We were appointed as Voluntary Administrators to the RCR Group following a high level review of cash flow forecasts and a capital raising process. RCR had operations across Australia, New Zealand and Asia and expanded into building solar farms, with 15 solar farm construction projects in progress upon our appointment. We traded and sold the majority of RCR’s businesses, are settling disputes with solar farm counterparties and planning for the distribution of funds to secured and priority creditors.

__Insolvency__ __Restructuring__ Infrastructure
Quintis
Quintis

Restructuring | Insolvency

Engaged by the secured noteholders initially as Restructuring advisors and subsequently Receivers and Managers of Quintis Limited. We restructured the operations, removing cost and improving the financial recovery from institutional and high net worth clients. After conducting a public sale process we concluded a loan to own transaction with the bondholders. The transaction was novel and utilised a DOCA and Scheme of Arrangement mechanism, as well as an application under Chapter 15 of the Bankruptcy Code in the US.

__Insolvency__ __Restructuring__ Agribusiness Manufacturing
Project Vitale
Project Vitale

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | ANALYTICS & MODELLING

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__ __Analytics & Modelling__ __Strategy & Business Improvement__ Community
Project Esplanade
Project Esplanade

ADVISORY | Technology & Cyber | EDISCOVERY

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__ __eDiscovery__ __Forensic Technology__ __Technology & Cyber__ Financial Services
Large Australian retailer
Large Australian retailer

ADVISORY | Technology & Cyber | 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 & Cyber__ Retail
Cyber incident response
Cyber incident response

ADVISORY | Technology & Cyber | 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__ __Technology & Cyber__ Community
Cbus
Cbus

ADVISORY | Technology & Cyber | CYBER 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 Risk__ __Technology & Cyber__ 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
The Foundry
The Foundry

Advisory | Transactions | Due Diligence

Acquisition due diligence for The Foundry, an investment firm founded by some of the former owners of Swisse Wellness. We assisted The Foundry with taking a minority stake in WelleCo, a plant based supplement business, founded by Andrea Horwood and Elle McPherson.

__Advisory__ __Due Diligence__ __Transactions__ Hospitality
Remedy Kombucha
Remedy Kombucha

Advisory | Transactions | Due Diligence

Vendor due diligence on Remedy Kombucha whose core business is the brewing, packaging and sale of kombucha. The vendor due diligence focused on the rapid historical and forecast growth of the business, including significant capex undertaken at a new brewing facility.

__Advisory__ __Due Diligence__ __Transactions__ Hospitality
Washington H Soul Pattinson
Washington H Soul Pattinson

Advisory | Transactions | Valuations

We performed a purchase price allocation valuation engagement in relation to Washington H. Soul Pattinson’s acquisition of Aquatic Achievers, a leading operator of five swim schools located in the Brisbane metropolitan area. The purchase price allocation was required for both tax and accounting purposes. The intangible assets valued as part of the engagement included the Aquatic Achievers’ brand, swim school curriculum and goodwill.

__Advisory__ __Transactions__ __Valuations__ Community
Axel Equity Partners
Axel Equity Partners

Advisory | Transactions | Due Diligence

Financial due diligence with respect to Axle Equity Partners' acquisition of 50% of the Star Car Wash Café group, one of the largest car wash operators in Australia with c.90 sites. Our scope of work focussed on key aspects of Axel’s investment thesis including quality of earnings, scalability of operations and capital expenditure requirements.

__Advisory__ __Due Diligence__ __Transactions__ Retail
Limes Group
Limes Group

RESTRUCTURING | INSOLVENCY

Receivership and controllership appointments over the entities that operate and own ‘Alfred and Constance’ (pub/restaurant) and ‘Limes Hotel’ (21 rooms) in Brisbane. We implemented a trading strategy and reopened each venue. The assets were marketed for sale as going concerns through a hospitality industry specialist agent.

__Insolvency__ __Restructuring__ Hospitality
Topshop – New Zealand
Topshop – New Zealand

RESTRUCTURING | INSOLVENCY

With no offers for the Topshop New Zealand business, we were appointed receivers and leveraged our retail expertise to maximise returns from stock through targeted marketing and merchandising. We also generated proceeds from assigning leases and recovering overpaid rent, resulting in preferential creditors being paid in full and a return for the secured creditor.

__Insolvency__ __Restructuring__ Retail
Project Bear Lake
Project Bear Lake

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT

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__ __Strategy__ __Strategy & Business Improvement__ Infrastructure
Baralaba
Baralaba

Restructuring | Insolvency

Baralaba held a large coal tenement portfolio across the Bowen, Surat and Galilee Basins in Queensland. As Administrators, we facilitated a sale and recapitalisation of the business including negotiating how to split value between lenders and creditors. Our role required a detailed understanding of each resource and its modelling assumptions and the ability to understand the nuances of the capital structure to ensure value was allocated in accordance with creditor rights.

__Insolvency__ __Restructuring__ Resources & Mining
Cabcharge
Cabcharge

Advisory | Transactions | Due Diligence

Financial due diligence for Cabcharge on the acquisition of Yellow Cabs, the largest taxi fleet operator in Queensland. Our work involved an assessment of quality of earnings, net assets and working capital requirements having regard to changes in the target business brought about by the acquisition.

__Advisory__ __Due Diligence__ __Transactions__ Transport & Distribution
Hunter Hall
Hunter Hall

Advisory | Transactions | Due Diligence

Due diligence on behalf of the Hunter Hall board in regards to the merger with Pengana Capital. The merger created a leading listed diversified funds management group with c.$3b in funds under management.

__Advisory__ __Due Diligence__ __Transactions__ Financial Services
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
Intueri Education – New Zealand
Intueri Education – New Zealand

RESTRUCTURING | INSOLVENCY

As Administrators of this ASX/NZX listed education provider we ensured the schools continued uninterrupted, with full support of the regulators and major stakeholders. Managing a prompt sale to a major private education provider significantly reduced contingent liabilities that would otherwise have crystallised from the loss of jobs, abandonment of leases, and cessation of teaching.

__Insolvency__ __Restructuring__ Community
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
Brisconnections
Brisconnections

Restructuring | Insolvency

We were appointed Voluntary Administrators of the ASX listed, stapled investment trusts that formed the BrisConnections group of companies, including its subsidiary companies which operated the AirportLink tunnel in Brisbane. The Group entered into Deeds of Company Arrangement and were subsequently wound up. The Group had over 100 employees and a large number of stakeholders.

__Insolvency__ __Restructuring__ Infrastructure
Royal Adelaide Hospital
Royal Adelaide Hospital

Restructuring | Special Situations

Engaged as advisors to the syndicate of senior lenders of the Royal Adelaide Hospital who were collectively owed $2.5bn. We undertook a review of the financial model and the implications of delayed completion on project economics, worked with the syndicate’s legal advisors to understand the legal and commercial impact of unresolved disputes and represented the lenders’ interests in a protracted mediation occurring between the disputing parties. The hospital is now open and operating normally and we are currently concluding a settlement of the disputes between the key stakeholders.

__Restructuring__ __Special Situations__ Community
Project Cosmic
Project Cosmic

ADVISORY | STRATEGY & BUSINESS IMPROVEMENT | ANALYTICS & MODELLING

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__ __Analytics & Modelling__ __Strategy & Business Improvement__ Resources & Mining
Wesley Mission
Wesley Mission

ADVISORY | Technology & Cyber | CYBER 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 Risk__ __Technology & Cyber__ 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
Pumpkin Patch – New Zealand
Pumpkin Patch – New Zealand

RESTRUCTURING | INSOLVENCY

As Administrators of Pumpkin Patch, we investigated and reported on the key causes of the failure of this ASX/NZX listed children’s clothing retailer, which were set out in our public report to creditors and shareholders. Key causes were an inefficient store network, failed international expansion, poor systems, and excessive dividends.

__Insolvency__ __Restructuring__ Retail
Dick Smith
Dick Smith

Restructuring | Insolvency

Appointed as Voluntary Administrators of Dick Smith, an ASX listed electronics retailer that operated over 390 stores under 4 different brands across Australia and New Zealand. Our appointment occurred following a short period of advising management and the board in relation to cash flow, solvency and options. With receivers appointed over the main retail trading entity, we managed and sold the specialist Apple reseller business, in addition to achieving a number of legal recovery actions.

__Insolvency__ __Restructuring__ Retail
Victorian Government department
Victorian Government department

ADVISORY | Technology & Cyber | CYBER 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 Risk__ __Technology & Cyber__ Government
Project Cisco
Project Cisco

ADVISORY | Technology & Cyber | CYBER 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 Risk__ __Technology & Cyber__ 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 | ANALYTICS & MODELLING

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__ __Analytics & Modelling__ __Strategy & Business Improvement__ Retail
Slater and Gordon Limited
Slater and Gordon Limited

RESTRUCTURING | SPECIAL SITUATIONS

Lead advisor to an international syndicate of banks across Australia, Asia and the UK owed in excess of AUD$800m. Our in depth analysis and strategic guidance assisted our clients to evaluate and improve the restructuring options presented by the Company and ultimately exit at optimal value. We also played a central role in formulating the debt for equity recapitalisation structure which was ultimately implemented.

__Restructuring__ __Special Situations__ Financial Services
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
NEWSAT LIMITED
NEWSAT LIMITED

RESTRUCTURING | INSOLVENCY

As Receivers and Mangers we successfully traded and sold the core satellite telecommunications and teleport business to a global communications provider. Concurrently, we leveraged US Bankruptcy proceedings to preserve NewSat’s interest in a satellite in the US while we explored recapitalisation options in respect of the listed entity.

__Insolvency__ __Restructuring__ Media & Communications
UBS
UBS

ADVISORY | TRANSACTIONS | Integration & Carve Out

We were engaged to run the Project Management Office for UBS to assist with the strategic planning for its exit from its wealth management business in Australia. We were involved in managing the wind down and closure of this business and the off-boarding and transition of its clients and assets to Crestone.

__Advisory__ __Integration & Carve Out__ __Transactions__ Financial Services
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__ __Strategy & Business Improvement__ Manufacturing
Racing Queensland
Racing Queensland

Restructuring | Independent Business Review

We were engaged by Racing Queensland to undertake independent business reviews on a number of regional racing facilities throughout Queensland. Our reviews focused on recent financial performance, budgets and financial models and the investment in and utilisation of Racing Queensland assets. We also analysed restructuring strategies that could be used to achieve sustainable business performance during a time of a challenging racing industry environment.

__Independent Business Review__ __Restructuring__ Community
Guardian Early Learning Group
Guardian Early Learning Group

Advisory | Transactions | Due Diligence

Financial due diligence on behalf of Guardian Early Learning Group in respect of its acquisition of independent child care centres. Our approach involved working with Guardian management in assessing the forecast financial performance of proposed acquisitions, drawing on our understanding of industry drivers.

__Advisory__ __Due Diligence__ __Transactions__ Community
Project Fandango
Project Fandango

ADVISORY | Technology & Cyber | EDISCOVERY

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__ __eDiscovery__ __Forensic Technology__ __Technology & Cyber__ 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
Fairfax Radio
Fairfax Radio

Advisory | Transactions | Due Diligence

Due diligence assistance to Fairfax Media in relation to the c.$100m merger of Fairfax Radio with Macquarie Radio. Our work included vendor due diligence on Fairfax Radio, acquisition due diligence on Macquarie radio and assistance with the simultaneous carve out and sale of 96FM to APN for $78m.

__Advisory__ __Due Diligence__ __Transactions__ Media & Communications
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 | Operational Improvement

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__ __Operational Improvement__ __Strategy & Business Improvement__ Construction & Engineering
South Canterbury Finance – New Zealand
South Canterbury Finance – New Zealand

RESTRUCTURING | INSOLVENCY

As Receivers of South Canterbury Finance, New Zealand’s largest non-bank deposit taker, we stabilised the business and operations, improved credit processes, and protected the value of assets. We managed the successful sale of key assets including Scales Corporation, Helicopters NZ, Dairy Holdings, the Business, Consumer and Rural loan books and managed the run off of Southbury Insurance.

__Insolvency__ __Restructuring__ Financial Services
RM Williams
RM Williams

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__ Retail
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 & Mining
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 & Mining
Cubbie Group
Cubbie Group

RESTRUCTURING | INSOLVENCY

We negotiated funding to continue the farming operations of Cubbie Group. Through careful stakeholder management and clear communication strategies, we were able to navigate through complex political and public relations issues to capitalise on favourable seasonal conditions. This allowed us to generate unprecedented trading profits and position Cubbie’s unique assets for a ground-breaking sale transaction.

__Insolvency__ __Restructuring__ Agribusiness
BHP
BHP

Advisory | Transactions | Integration & Carve Out

We assisted BHP with integrating the operations of HWE following its $705m acquisition. We devised and implemented a detailed integration process that was executed ahead of time and with minimal disruption to the core business.

__Advisory__ __Integration & Carve Out__ __Transactions__ Resources & Mining
EnergyAustralia
EnergyAustralia

Advisory | Transactions | Integreation & Carve Out

Engaged to perform various business integration roles following TRUenergy’s acquisition of EnergyAustralia. We work alongside EnergyAustralia project teams, pinpointed and resolved issues and consistently identified value in cash time and efficiency savings.

__Advisory__ __Integration & Carve Out__ __Transactions__ Infrastructure
Nylex Group
Nylex Group

RESTRUCTURING | INSOLVENCY

As Receivers & Managers we stabilised the business, curtailed trading losses and marketed the various businesses for sale. We negotiated and concluded 12 sale agreements over a 6 month period while trading each of the business divisions. Full repayment to priority creditors was achieved in addition to a greater than expected return to the secured lender.

__Insolvency__ __Restructuring__ Manufacturing
Great Southern
Great Southern

Restructuring | Insolvency

Receivership of ASX listed Agribusiness company Great South Limited, which promoted managed investment schemes in forestry, horticulture and viticulture. Our role involved the management of multiple stakeholders and sale of the key forestry assets following pre-sale due diligence of financial and operational information.

__Insolvency__ __Restructuring__ Agribusiness
Centro Properties Group
Centro Properties Group

RESTRUCTURING | SPECIAL SITUATIONS

Lead financial advisor to the Australian lender group, comprising eight banks and numerous US private placement noteholders, collectively owed circa AUD$4.5 billion. We implemented a ground breaking 3 year stabilisation plan and restructured Centro Properties Group assets. The consolidated Group remains listed on the ASX and continues to trade successfully.

__Restructuring__ __Special Situations__ Property Retail
Evans & Tate
Evans & Tate

Restructuring | Insolvency

Receivership of major wine producer Evans & Tate, as the business had suffered poor financial performance due to inadequate management, unviable contracts, under capitalisation and market over supply. We negotiated and implemented a new third party national distribution agreement to replace the existing sales force which was costly and ineffective. The business and brands were successfully sold to McWilliams Wines.

__Insolvency__ __Restructuring__ Agribusiness