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Assisting the Commonwealth Government in drafting and negotiating major agreements June 23, 2017

Maddocks advised the Commonwealth Department of Health on the drafting and negotiation of the Sixth Community Pharmacy Agreement (the 6CPA) with the Pharmacy Guild of Australia. Since 1990, the Government and the Pharmacy Guild have … Continued

Latest News

Briefing council: Maddocks launches Victorian local government blog July 20, 2017

Thursday 20 July 2017 Maddocks has today launched Council Brief, a blog designed to highlight and discuss issues of importance to the Victorian local government sector. Leveraging 132 years of experience working with Victorian councils, … Continued

Latest Article

Ch-Ch-Ch-Changes: FWC announces casual conversion clauses in modern awards, and domestic violence leave is next July 14, 2017

The Fair Work Commission (FWC) has kicked off the new financial year by announcing two proposed changes to modern awards as a result of the four yearly modern award review. The changes are that: • … 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.