APM – acquisition of Konekt
Miles Advisory Partners advised Konekt Limited (ASX: KKT) on its acquisition by APM by way of scheme of arrangement.
Transaction Details
Sector
Business Services
Miles Role
Sell-side advisor to Konekt Limited (ASX: KKT)
Deal Type
Mergers & Acquisitions
Year Completed
2019
Contacts for this Transaction
Lloyd Way
Managing Director
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Alan Dassie
Director
Overview
- Konekt Limited (“Konekt”) is an ASX-listed national provider of workplace health, rehabilitation, employment and risk management services across Australia
- Miles advised Konekt on its acquisition by Advanced Personnel Management (APM), implemented by way of a scheme of arrangement
- The acquisition combined Konekt’s return-to-work and employment services capabilities with APM’s broader human services platform
Industry Context
Australia’s human services sector — spanning employment, disability, workplace health and rehabilitation — has consolidated rapidly as providers seek scale to serve government contracts and broaden their service offering. Acquirers have pursued listed and private targets to add capability, contracts and geographic coverage. Bringing complementary services under one platform supports cross-referral and a more integrated client offering.
Further information on this transaction is available at: APM Press Release / AFR Article
