Problem Solved

Partner, Business Division Leader

Key Practice Fields

  • Capital Markets; Capital Raisings
  • Corporate Governance
  • Corporate Insolvency and Restructures
  • Corporations Law
  • Financial Services
  • Fund Management and Compliance
  • IPOs
  • Mergers and Acquisitions
  • Private Equity

Glenn Hughes is a Partner of Russells, a specialised corporate and commercial law firm practising in Sydney and Brisbane.

He specialises in mergers and acquisitions, joint ventures, corporate reconstructions, capital raisings, with a focus on private equity, restructuring and insolvency.

Glenn has acted for ASX-listed entities, Australian based private equity investors, foreign investors, SME’s and high net worth individuals as well as receivers, managers and administrators.

Glenn is very experienced in structuring and negotiating complex mergers, acquisitions, divestments and new ventures.  He has a particular focus on the technology, healthcare and financial services industries.

Glenn has been recognised as one of Australia’s leading lawyers in private equity (IFLR 2012, ALB 2009, ALB 2007).

 

Case Studies

Biosceptre International

Acted for Biosceptre, a biotech R&D business investigating and exploiting a promising new target for the treatment of cancer, on its re domicile, by way of scheme of arrangement, to the UK.

Legg Mason Inc

Acted for Legg Mason, a US investment management firm, on the securityholder arrangements underpinning its majority buy out of Rare Infrastructure Limited from ASX listed Pacific Current Group Limited (formerly Treasury Group Limited).

Mercurial Insights Holdings Pty Limited

Acted for the shareholders of Mercurial Insights Holdings Pty Limited, a service provider specialising in sales and marketing effectiveness, performance management and cloud based business intelligence, to the Australian subsidiary of NYSE listed IMS Health Holdings Inc, a leading global information and technology services company in the healthcare industry.

Micreo Limited

Acted for the corporate and individual shareholders of Micreo Limited, a specialised electronic warfare subsystem provider to global defence companies, in respect of the sale of all of the securities in Micreo Limited to NYSE listed company, L 3 Communications Inc.

Prima BioMed Limited

Acted for Prima BioMed Limited, a cancer treatment development company listed on both the ASX and NASDAQ, in respect of its acquisition of Immutep SA, a Paris based chemoimmunotherapy research and licensing business.

SEB Private Equity

Acted for SEB PE Fund II, a leading Nordic based global private equity investor, on the Australian aspects of its global acquisition of Accedo Broadband.

Security and Intelligence Services (India) Limited

Acted for SIS India, one of the largest security services businesses in India and Australia, on the Australian aspects of its proposed Indian IPO.

Sonic Healthcare Limited

Acted for Sonic subsidiary, Sonic HealthPlus Pty Ltd, in respect of its acquisition of the workplace health and travel vaccination businesses of Medibank Private Limited (ASX:  MPL).

Acted for Sonic subsidiary, Sonic Clinical Services Pty Ltd, in respect of its acquisition and funding of Apollo Health, a medical centre developer and operator, and subsequent disposal to St John Ambulance.

Acted for Sonic subsidiary, Sonic Clinical Services Pty Ltd, in respect of its acquisition of Allied Medical Group, a major Victorian medical centre operator.

Virgin Management

Advised Sir Richard Branson on the Corporations Act implications of proposed changes to his shareholding in Virgin Airlines and the potential establishment of, and funding for, an Australian base for the Virgin Galactic enterprise.

Wolseley Private Equity

Acted for WPE, a leading domestic private equity manager, on the acquisition and ongoing care and maintenance of Byron Group Holdings, a custom design and engineering business that provides services to the aviation and healthcare sectors.

Qualifications

  • Bachelor of Commerce, The University of New South Wales, 1989
  • Bachelor of Laws, The University of New South Wales, 1992
  • Masters of Law and Management, AGSM / UNSW, 2003

Professional Admissions

  • Admitted as solicitor of the Supreme Court of New South Wales
  • Admitted to practise in the High Court of Australia

Professional Recognition

  • Leading Corporate/M&A Lawyer (Small & Mid-Market Matters) – New South Wales, Doyles Guide 2018
  • Recognised in Equity Capital Markets Law and Mergers and Acquisitions Law, Best Lawyers 2018 (Australia)

Professional Publications and Committees

  • Member, New South Wales Law Society

Professional Experience

  • Partner, Russells, 2016 to present
  • Partner, K&L Gates, 2013-16
  • Partner, Henry Davis York, 2003-13