Clarendon Lawyers is delighted to have advised the founders of PDS Group on a corporate transaction involving the PDS Group joining Deloitte Australia, which completed on 1 September 2021.
Founded in 2003, PDS Group is a professional services business specialising in project and development solutions for clients ranging across multiple construction sectors including commercial, industrial, residential and public infrastructure. The business has a strong national presence with services covering project management, development management and project advisory.
Deloitte is a multinational professional services network with offices in over 150 countries and territories. It is one of the largest professional services organisations in the world by revenue and provides services including audit, consulting, financial and risk advisory, tax and legal.
The transaction will see PDS Group’s expertise fully integrated into Deloitte’s market offerings, focused on sustainable infrastructure, precincts and the public sector.
The Clarendons team was led by Managing Director, Tony Symons and Director, David Bryant who were assisted by Associate, Stephen Dyason and Lawyer, Laura Chesney.
Tony congratulated the PDS Group founders on the completion of this transaction noting, “It was a pleasure working with the PDS team on such a significant transaction for the business. It’s always rewarding for us to work with founders to reap the benefits of their hard work and take their business on to the next step in its journey.”
Dave added “it was fantastic having the opportunity to work with the PDS team. We look forward to seeing the continued growth of the PDS business supported by the leveraging of Deloitte’s significant regional and global network”.
The PDS Group founders were also advised by Equiteq.