Tag Archives: business divestment

PRESS RELEASE: Empowered Learning sold to Modern Star – Johnsons Corporate Divestment

November 2019

Empowered staff displaying screen technology

Johnsons is pleased to announce the successful sale of a private, mid-sized Australian business to a strategic trade buyer. After facilitating a comprehensive, end-to-end sales and negotiations process, our client – Empowered Learning – has been acquired by Modern Star for an undisclosed amount. NSW-based Empowered Learning is a long-standing and market leading provider of interactive audiovisual technologies to the education sector. The Sydney head-quartered acquirer, Modern Star, is a multinational supplier of educational resources to early childhood services, primary schools, and before and after school care programs.

The team at Johnsons were pleased to act as lead advisors to Empowered Learning’s director and would like to extend our congratulations to both the vendor and the purchaser.

In 2019, having positioned the Business for continued growth in Australia’s education sector, Empowered Learnings owner decided to exit by way of sale to a third party, seeking new owners with the scale & capabilities to continue growing the business at a national level. After engaging our services, Johnsons Corporate secured Offer & Acceptance for the Business on his behalf within 8 weeks of going to market.

Regarding the sales process, Empowered’s director commented: “In the end, we did the deal within about 6 months of going-to-market. We were very pleased with the outcome in relation to both price and deal terms secured.”

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PRESS RELEASE: Leading Australian Online Spare Parts Reseller sold to an Undisclosed Overseas Buyer – Johnsons Corporate Divestment

June 2018

Mix of home and electronic appliances

Johnsons is pleased to announce the successful sale of a private, mid-sized eCommerce business. After facilitating a comprehensive, end-to-end sales & negotiations process, our client has been acquired by an undisclosed overseas corporate. Spares Online operates a proprietary online platform with automated inventory management and distribution systems for retailing spare parts & consumables for a wide range of appliances and consumer electronics. Based in Europe, the private equity backed buyer is a leading B2B spare parts supplier to commercial markets across the EU and globally.

The team at Johnsons were pleased to act as lead advisors to the Australian business and its directors and would like to extend our congratulations to both the Vendor and the Purchaser.

After 10 years of building Spares Online to become one of Australia’s leading online spare parts resellers, the owners sought to find a strategic acquirer that could help take the Business to the next level. In 2017, Johnsons was engaged to undertake a global divestment campaign.

Within 2 months of going-to-market, Johnsons had secured 4 offers (three Australian trade buyers and one European corporate) plus strong interest from other local and international prospective purchasers.

For over 50 years Johnsons Corporate has specialised in the provision of business sales and acquisition services for mid-sized, private Australian companies. Our clients get results because Johnsons’ approach is specifically designed for the mid-market business sector. Custom research and direct marketing capabilities, combined with expertise in sales and negotiations, create a service unavailable elsewhere in the field of traditional business broking and corporate advisory.

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