News & Media

Koustas & Co acts for Septic Systems Australia’s owners on purchase of Yarra Valley competitors

Koustas & Co (“Koustas”) has advised long standing client, Septic Systems Australia Pty Ltd (“Septic Systems”) on its purchase of Yarra Valley Tank Cleaning and Yarra Valley Liquid Waste (“Yarra Valley”) – a business with a 25 year history in providing a specialised range of liquid waste services.

Based in Melbourne, Australia – Septic Systems has been involved in the design, installation, servicing and repairs of residential and commercial septic systems since 2003 and boasts a fully integrated partnership with liquid waste provider, Harmor Services.

Septic Systems completed the acquisition of Yarra Valley early last month resulting in the culmination of a long-planned strategic growth phase.

Director Damien Burke and Corporate Advisory Principal Dylan Davidson led the Koustas team advising on the transaction.

Septic Systems Managing Director, Leighton Morley, commented on the acquisition:

“Harmor’s recent acquisition of Yarra Valley Septics cements its leadership position in the liquid waste market in Melbourne’s eastern region and expands its existing customer base of residential and business clients while also providing an important, authorised access point into the sewage network system for bulk sewage disposal services. Koustas & Co have been integral to both the ongoing growth of our business and success of this recent transaction, which was expertly managed from the early stages of due diligence thorough to the completion of the sale and transition of the business.”

Damien Burke congratulated our clients on the sale: “The acquisition of Yarra Valley Tank Cleaning and Liquid Waste by Septic Systems is a key plank in their ongoing growth strategy. The merged business will be well placed to provide an expanded range of core septic and related services. The purchase is a great result for our client and is a credit to the way they executed the transaction”.

Executing the transaction in concert with Amelia Edwards and her team from Universal Counsel, Dylan Davidson noted the complexity in the transaction which required the Koustas team to provide the following services: –

– Buy side lead transaction advisory & due diligence

– Financial modelling

– Valuation assessment pre and post transaction

– Securing competitive financing

– Stakeholder management and negotiation strategy

– Planning for a successful day 1

– Deal execution and coordination of legal advisors

For more information, or to arrange an interview, contact Matthew Swannie on +61 3 8530 1600.

Matthew is Business + Practice Development Manager at Koustas & Co