Business Scoop

Bell Gully advises Apax Partners LLP on Trade Me scheme

Press Release – Bell Gully

Bell Gully advises Apax Partners LLP on landmark Trade Me scheme of arrangementBell Gully advised British private equity firm Apax Partners LLP on the largest takeover undertaken to date in NZ via a scheme of arrangement. The firm, alongside King & Wood Mallesons, advised Apax Partners on their successful bid for New Zealand’s largest e-commerce company, Trade Me, for NZ$2.56 billion (AUD$2.4 billion).

The transaction was led by Bell Gully partners Anna Buchly and James Gibson with the team including partners Toby Sharpe and David McPherson and special counsel Glenn Shewan.

Anna Buchly said Bell Gully was “delighted to have had the opportunity to act for Apax Partners on this landmark transaction involving one of New Zealand’s most iconic brands.”

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