Dentons acted for Brennan on its MOQ acquisition

Dentons acted for Brennan on its MOQ acquisition

In order to grow their company and position in APAC, Dentons in Australia assisted Brennan VDI Pty Ltd (Brennan), a major provider of business technology, to obtain 100percent of the share capital of MOQ Limited (MOQ) under a Federal Court-approved scheme of arrangement.

With the successful completion of the $23.3 million regulated takeover by scheme, Brennan increased the scope of its client and included consultancy, integration, managed services, and solutions for data, applications and infrastructure.

"Advising Brennan is a privilege as they increase their operation in APAC. This deal strengthens Dentons' broad M&A expertise and comprehension of the technology sector," stated Kym Livesley, the Lead Partner.

"We are pleased to take this step ahead in our mission to become Australia's largest technology firm," said Dave Stevens Brennan founder and Managing Director. "Our legacy as one of Australia's largest and most successful managed services companies, with over 25 years in operation, has recently been strengthened by two acquisitions. Our policy of thoroughly integrating acquisitions ensures that both our staff and customers enjoy entire advantages of the combined organisations on a rapid pace.

Dentons provided Brennan with advice on every facet of the plan, starting from contract negotiations to due diligence and verification to regulatory engagement and court proceedings. The intricacy and originality of this transaction were increased by the competitive bidding process, which is becoming more customary for a takeover by scheme.

Jordan Lin (Solicitor) and Urvashi Seomangal (Managing Associate) played the crucial roles.