Investor Presentaiton
Growth through Acquisition
Overview of ACA Lawyers
Established in 2013
Strong management and reputation as Corporate Class Action
specialists
Integrated with Shine Class Actions team in Sydney
Overview of Carr & Co
•
Specialist family law practice
•
Established in 1995
•
Strong management team
SHINE
CORPORATE LTD
•
Located in central business district in Perth
Consistently ranked as a top tier family law firm in Perth
Key Terms
Currently leading some of the largest Class Action lawsuits in Australia
Key Terms
•
•
Acquisition effective 1 October 2018
•
Purchase price funded through working capital
Earnings accretive FY19
•
•
Acquisition effective January 2019
•
Purchase price $3.6m for 80% of the shares in Carr & Co
Majority of purchase price debt funded
Expected to be earnings accretive FY19
Strategic Rationale
Strategic Rationale
New litigation funding options
•
High quality acquisition and strong strategic fit
.
Consolidate class action expertise and growth - diversity of
experience
Higher margin and growth areas
.
Operating synergies across existing business operations in
Perth
National law - opportunity to deploy skills and resources across
Shine Group
FY19 H1 Results Presentation
11View entire presentation