LCC Asia Pacific awarded at the 10th Annual International M&A Awards in New York
The M&A Advisor has recognised LCC Asia Pacific for an outstanding achievement for the divestment of Australian technology engineering products company WearX to Finland’s Metso Corporation. LCC Asia Pacific’s Nicholas Assef was presented the M&A Deal of the Year (US$25 million to US$50 million) award at the ceremony in New York in June 2018.
LCC Asia Pacific acted as exclusive strategic & financial advisor to WearX in the transaction. The transaction was conducted on a compressed timetable, with the entire deal completed in around 15 weeks from indicative offers being received to final closing. The highly collaborative approach saw four final round offers submitted – all from international parties.