OC Energy sells to Origin Energy

By admin - February 20, 2019

Pitcher Partners advised the Shareholders of OC Energy, an embedded networks operator, on its recent sale to Origin Energy, valued at $58 million. Pitcher Partners provided specialist M&A and Tax Advice throughout the transaction.

“It was a pleasure working closely with the Shareholders and Management on this transaction,” said James Beaumont, Partner of our Melbourne firm.

“We wish the Purchaser every success when at the helm in the future.”

With Origin Energy set to gain up to 85,000 new customers, the purchase strengthens the group’s presence in centralised energy services.

Pitcher Partners’ Corporate Finance team specialise in advising business owners on mid-market transactions.

Get in touch with your Pitcher Partners’ specialist for more information.

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