M&A Deal Summary

Skilled Group Acquires T&C Services Pty

On November 12, 2013, Skilled Group acquired engineering company T&C Services Pty from Tho Services for 34M USD

Acquisition Highlights
  • This is Skilled Group’s 2nd transaction in the Engineering sector.
  • This is Skilled Group’s 2nd largest (disclosed) transaction.
  • This is Skilled Group’s 5th transaction in Australia.

M&A Deal Summary
Date 2013-11-12
Target T&C Services Pty
Sector Engineering
Buyer(s) Skilled Group
Sellers(s) Tho Services
Deal Type Divestiture
Deal Value 34M USD

Target

T&C Services Pty

Hawthorn, Australia
T&C Services Pty Ltd offers maintenance and asset management services to the industrial, manufacturing, mining, and utilities sectors.

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Buyer(S) 1

Buyer

Skilled Group

Hawthorn, Australia
Category Company
Founded 1964
Sector Staffing
Revenue 1.9B AUD (2014)
DESCRIPTION

SKILLED Group is a provider of workforce solutions in Australia, employing over 50,000 skilled Australians a year. The company is a well-established and trusted brand whose reach extends across the Australian economy, into all states and territories as well as all major sectors of the economy.

DEAL STATS #
Overall 5 of 6
Sector (Engineering) 2 of 2
Type (Divestiture) 1 of 1
Country (Australia) 5 of 6
Year (2013) 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-03 Broadsword Marine Contractors Pty

Darwin, Australia

Broadsword Marine Contractors Pty Limited provides maritime services. This vessel was used daily as a construction crew transfer vessel.

Buy $76M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-18 Offshore Marine Services Alliance Pty

Perth,, Australia

Offshore Marine Services Alliance Pty Ltd. provides marine transportation and logistics services to the oil and gas industry.

Buy -

Seller(S) 1

SELLER

Tho Services

Sydney, Australia
Category Company
Sector Construction
Revenue 93M AUD (2014)
DESCRIPTION

Tho Services Ltd is a construction and engineering project to a range of commercial, industrial, government and mining customers based in Australia.

DEAL STATS #
Overall 1 of 1
Sector (Engineering) 1 of 1
Type (Divestiture) 1 of 1
Country (Australia) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-30 Holcan Constructions Pty

Boyne Island, Australia

Holcan Constructions Pty Ltd. is an engineering, construction, and manufacturing company. It provides anode rod stub welding systems for aluminum smelters, engineering, construction, and manufacturing services.

Buy -
Mergr

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