Rigby Cooke Lawyers advised Stannards, a leading accounting and business advisory firm, on its partnership with Pemba Capital Partners (Pemba), a prominent investor in high-growth, entrepreneurial businesses.
Announced last week, the strategic capital partnership with Pemba will help Stannards expand its services, invest in cutting-edge technology, and provide even more comprehensive solutions to its valued clients – consolidating its position as one of Australia’s leading boutique accounting and business advisory firms.
Commenting on the partnership with Pemba, Stannards’ Managing Partner Peter Angelini said:
“Partnering with Pemba will allow us to accelerate our growth whilst providing fantastic opportunities for our people and greater services to clients. Their values very much align with ours – building great relationships, doing the right thing, being commercial and ambitious – which made our decision easy. We are excited to build something special together in the years ahead.”
Advising Stannards from Rigby Cooke Lawyers were Bill Karvela – Managing Partner, Julia Cameron – Partner, and Brighid Virtue – Associate, from our Corporate & Commercial team, and David McLaughlin – Partner, and Victoria Comino – Partner, from our Workplace Relations team.
Commenting on the transaction, Bill Karvela said:
“This is an outstanding result for our client, Stannards. In a transaction like this, there is a high degree of complexity. Due to the co-operation of all parties, the complexities were navigated in a spirit of goodwill allowing the transaction to close in accordance with the target completion date.
“I am enormously proud of the dedication and advice provided by the Rigby Cooke team in securing this positive outcome. I congratulate Stannards and look forward to watching them grow further as they consolidate their position as one of Australia’s leading boutique accounting firms.”
Also advising Stannards were MC Tax Advisors.
About Stannards
Based in Melbourne, Stannards is a progressive professional service firm offering accounting, taxation, audit and advisory services to mid-market and high-net-wealth clients across Australia. They have a reputation for exceptional client service and a high-performance culture and as a result have long-lasting relationships with clients and above-market growth.
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