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Reader response - More than a bit player in M&A

I WRITE regarding last week’s issue of WA Business News, which contained a list of mergers and acquisitions deals in Western Australia. By our omission from this list, it would appear to the public that our firm is not involved in the type of corporate transactions that several firms included in their description of services. I would like the opportunity of clarifying this situation. Mergers & Acquisitions was formed in Western Australia more than 20 years ago (before the name became a generic term for almost any type of business sale transaction). Since that time we have established offices in both Queensland and New South Wales. Transactions conducted by us in WA during 2006-07 include: Webfirm/Searchworld; Linkweld Engineering; Territory Diving Services; Robil Engineering; and Allied Diving Services. Several other private businesses have non-disclosure agreements in place. Currently in WA, we are in contractual stages of negotiations for businesses with combined values of more than $100 million. The article in question also made mention of private equity firms, including AMP capital investors, as investors in various WA businesses. Our firm assisted AMP with its first investment in WA in regards to Mitchell Corp. This was followed by us negotiating the sale of Heatley Sales (which became the launching pad for the Jeminex consolidation of businesses). Since that time, AMP Capital has invested in various businesses through our company, including WA Fork Trucks, which became the United Equipment Group. We also transacted other businesses valued upwards of $20 million to various private equity firms that are in the process of industry consolidation of synergistic businesses. While our company is not involved directly with IPOs or sales of listed shares, we are a major player in many mid-range, non-retail, privately owned business transactions. Ross Goldstein - managing director, Mergers & Acquisitions.

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