King & Wood Mallesons has advised Resource Capital Funds (RCF) on its proposal to acquire Ausenco Limited through a scheme of arrangement for cash consideration of AUD 0.40 per share, implying an enterprise value for the company of A$153.7m.

The KWM team was led by partner Heath Lewis, supported by senior associates David Jewkes and Caitlin Sharp. Partner Nathan Collins advised on all aspects of the debt arrangements.

Commenting on the deal, partner Heath Lewis said, “We are delighted to be advising RCF on this significant deal. The transaction continues the recent trend of private equity interest in the mining services sector.”