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Assisting on whole of government technology agreements November 2, 2017

Maddocks advised the Commonwealth Government’s Digital Transformation Agency (DTA) on its whole of government purchasing agreement with SAP. The DTA was set up in 2015 to assist government departments and agencies with digital transformation and … Continued

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Winner of the first William Ah Ket Scholarship announced November 21, 2017

Tuesday 21 November 2017 A solicitor in a Victorian government agency is the first winner of the William Ah Ket Scholarship, a $5,000 prize named after the first barrister of Chinese heritage in Australia. K … Continued

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Back to the future? Five key legal considerations for developers when dealing with industrial sites November 17, 2017

As Melbourne continues to grow with increasing density, the complexities surrounding the interface of industrial precincts with adjoining residential development sites also continue to grow. That issue was put into real context following the recent … Continued

Advising on acquisitions in the education sector

Maddocks advised Swinburne University of Technology on a deal that saw SEEK purchase a greater stake in Online Education Services, a joint venture between the university and the online employment and recruitment site.

Online Education Services, a 50/50 joint venture between Swinburne and SEEK, provides education qualifications online on behalf of education partners. There are currently more than 9,500 students enrolled.

Under the $118 million deal announced in March 2017, SEEK increased its stake in Online Education Services from 50 percent to 80 percent by acquiring 30 percent of Swinburne’s previous 50 percent, taking the parties to 80:20. The deal values Online Education Services, which was established with a $5 million investment from each of Swinburne and SEEK in 2011, at over $350 million.

The Maddocks team assisting Swinburne’s COO Andrew Field, Head of Strategy and Commercial David McCall and General Counsel Tom Rowan was led by partner Rob Gregory and included senior associate Viviane Karoumbalis and associate Georgia Hunt.

The firm’s role on the matter showcased Maddocks’ expertise in both the technology and education sectors.

Maddocks advised Swinburne University of Technology on a deal that saw SEEK purchase a greater stake in Online Education Services, a joint venture between the university and the online employment and recruitment site.

Online Education Services, a 50/50 joint venture between Swinburne and SEEK, provides education qualifications online on behalf of education partners. There are currently more than 9,500 students enrolled.

Under the $118 million deal announced in March 2017, SEEK increased its stake in Online Education Services from 50 percent to 80 percent by acquiring 30 percent of Swinburne’s previous 50 percent, taking the parties to 80:20. The deal values Online Education Services, which was established with a $5 million investment from each of Swinburne and SEEK in 2011, at over $350 million.

The Maddocks team assisting Swinburne’s COO Andrew Field, Head of Strategy and Commercial David McCall and General Counsel Tom Rowan was led by partner Rob Gregory and included senior associate Viviane Karoumbalis and associate Georgia Hunt.

The firm’s role on the matter showcased Maddocks’ expertise in both the technology and education sectors.