Capital raising, change of control, and exit transactions for private companies and the owners behind them.
Opportuna Legal's corporate transactions practice covers private mergers and acquisitions, private capital raising, management buyouts, takeovers, and the structured exits that sit between them.
Private company sales and acquisitions, deal protections, material adverse change clauses, earn-outs, completion mechanisms, and vendor due diligence.
Private placements, convertible instruments, SAFE notes, and priced equity rounds for growth-stage companies and their investors.
Structuring and financing of management-led acquisitions, including vendor financing, earn-out mechanics and incentive arrangements.
Offensive and defensive work in takeovers and schemes of arrangement, including representation in Takeovers Panel proceedings.
IPO readiness, prospectus drafting, listing applications and ASIC fast-track engagement, including offshore alternatives.
ASIC records 149 IPOs on the ASX in 2014. In 2024? Just 47. That is not a market cycle, it is structural change. What private company boards need to know about IPO options in 2026, including ASIC's regulatory response, the private capital reality, and emerging offshore alternatives.
Read article →The Takeovers Panel's power to make costs orders is contingent on a declaration of unacceptable circumstances and exercised sparingly. The 2025 decision in Emu NL 03 (Costs) demonstrates the circumstances in which costs may be ordered against non-parties.
Read article →Australia's new mandatory merger control regime is in force as of 1 January 2026. These reforms represent the most significant change to Australian merger law in decades, shifting from a voluntary notification system to a mandatory and suspensory regime administered by the ACCC.
Read article →