Lead deal advisors to Kings Group
Mazars has provided strategic deal advisory services to the Kings Group resulting from several unsolicited offers. We were tasked with the responsibility of exploring these offers and other potential outcomes as their lead deal advisors which resulted in a divestment of the business.
Client
Kings Group is a private, 30+ year run company, that is a well-respected leading provider of transport and logistics services to the Australian and New Zealand market. Through their safety and people first approach, the Kings Group have been able to attract a large number of high-profile (household name) customers across a range of sectors including health, FMCG, oil and gas, building components and steel. Through their innovation and technology layer and their commitment to sustainability they have significantly grown the business over the years to make to a formidable business.
Results
After a thorough and rigorous process, Mazars advised the most appropriate divestment strategy which culminated in a carve-out of separate business assets to maximise deal size. This resulted in multiple separate transactions being concluded with successful parties, offering the clients, staff, and management a suitable outcome. The owners are now able to concentrate on their re-focused strategic directions of the remaining family business and investment plans.
Testimonial
The Mazars team played a critical role in managing and facilitating the multiple deals to ensure the successful divestment of one of our family’s largest assets. Throughout the entire transaction, the Mazars team acted as our trusted advisor and was a strong sounding board for the decisions we had to make throughout the deals. The team was able to guide and keep our leadership team focused, and they supported us very closely to ensure we maintained business as usual while dealing with a major milestone for our business. It would have been hard for us to complete the deals without the support and guidance from Mazars, and we are forever grateful.
Mark Mastroianni, Chairperson - Kings Group
Mazars Advisors: