HemangShah

Partner

Sydney + 61.2.8272.0715

Hemang Shah has advised on transactions with an aggregate value in excess of A$100 billion. He is an accomplished corporate lawyer in public and private M&A, equity capital markets, complex business transactions, and IPOs in Australia and abroad. His clients operate in a wide variety of business sectors, including infrastructure, financial services, technology, and mining.

Hemang is ranked in Best Lawyers in Australia (2020 and 2021) for commercial law, and he was a finalist in Lawyers Weekly "Special Counsel of the Year" category in 2018.

In 2011, Hemang joined ASX-listed Gloucester Coal as one of the youngest general counsels on the ASX 200. In this role he led the company through a major capital raising and associated acquisitions as well as their merger with Chinese controlled Yancoal. Hemang was appointed general counsel of the listed merged group, Yancoal Australia, with mining assets totaling A$8 billion. During this time he was also a director of Middlemount Coal, an incorporated joint venture between Yancoal and Peabody.

Hemang lectures at the University of New South Wales as part of their Founders Program designed to inspire entrepreneurial thinking and is a regular judge for the Peter Farrell Cup, the university's competitive ideas program. He is also the New South Wales branch president of AMPLA (a membership organization for resources and energy lawyers). He previously served as an advisory committee member of the Australian Association of Mining and Exploration Companies, was part of FinTech Australia's Equity/Debt Crowdfunding Working Group that reviewed proposed amendments to the fundraising provisions of the Australian Corporations Act, and participated in Tata Consultancy Services' Future Leaders Summit.

Expérience

  • Ilwella sells interest in Metallica Minerals to Diatreme ResourcesJones Day advised Ilwella Pty Ltd, major stockholder in Metallica Minerals Limited, the A$28 million acquisition of Metallica Minerals Limited by Diatreme Resources Limited.
  • Woolworths Group Limited acquires assets of Takeoff Technologies, Inc. through 363 sale credit bid of postpetition loans avoiding cessation of certain automated business operationsJones Day represented major Australian retailer, Woolworths Group Limited, in connection with a series of transactions to acquire software from its vendor, Takeoff Technologies, Inc., which filed for chapter 11 in May 2024.
  • Centuria Capital acquires 50% of ResetDataJones Day advised Centuria Capital Group in its acquisition of a 50% interest in ResetData Pty Ltd ("ResetData"), a new-generation data server provider, for consideration of up to $21 million.
  • Rich Data receives fundingJones Day advised Rich Data Company, an industry leader in artificial intelligence decisioning for business and commercial lenders, in the $37 million Series B financing led by Westpac Banking Corporation, with follow-on investments by nCino, Inc., Octava Funds Limited, BMYG Financial Group and Acorn Capital.
  • Altium Limited sells company to Renesas Electronics CorporationJones Day provided strategic advice to Altium Limited, a global leader in electronics design systems, in its sale of the company to Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, for a total equity value of A$9.1 billion.
  • Moa Technology enters into research collaboration agreement with NufarmJones Day represented Moa Technology Ltd. in connection with a research collaboration agreement executed with Nufarm Limited, a publicly-traded Australian company.
  • Diraq receives investmentJones Day advised Diraq Pty Ltd, a global leader in quantum computing based on silicon quantum dots, in relation to its $22 million Series A2 Capital Raising led by global quantum technology specialist fund Quantonation, with follow-on investments by Main Sequence, Taronga Ventures, Uniseed, UniSuper, Co:Act Capital and foundation shareholder and research partner, UNSW.
  • Rich Data enters into strategic partnership with M&T and nCino to streamline lending operations utilizing AI technologyJones Day represented Rich Data Co. ("RDC"), an industry leader in artificial intelligence (AI) decisioning for business and commercial lenders, in connection with RDC's strategic agreement with M&T Bank ("M&T").
  • Ansarada carves-out ESG, GRC and Board Products in connection with takeover by DatasiteJones Day is advising on the carve-out of Ansarada's ESG, GRC and Board Products to its founder Sam Riley, in connection with the takeover of Ansarada by Datasite.
  • Centuria Capital increases stake in Centuria BassJones Day advised Centuria Capital in its A$57 million acquisition of 30% interest in Centuria Bass Credit Pty Ltd, increasing its stake from 50% to 80%.
  • Westpac Banking acquires HealthPointJones Day advised Westpac Banking Corporation in the acquisition of HealthPoint, an electronic health claims processing business.
  • Risco Energy sells Tap Oil to independent energy companyJones Day advised Risco Energy Investments Limited in the sale of Tap Oil Pty Ltd, including its subsidiary Tap Energy Pty Ltd, to an independent energy company.
  • Morgans Corporate Limited completes AU$37 million institutional placement by MoneyMe LimitedJones Day advised Morgans Corporate Limited, as lead manager and underwriter, in connection with an AU$37 million institutional placement of Ordinary Shares by ASX-listed MoneyMe Limited.
  • Rich Data partners with nCino to enhance lending process using AIJones Day advised Rich Data Co (RDC), an industry leading artificial intelligence (AI) decisioning platform, in connection with a value-added reseller agreement with nCino, Inc., to enhance the lending process for their mutual customers.
  • Esprey sells Delta Electricity to Sev.en Global InvestmentsJones Day advised Esprey Pty Ltd (a subsidiary of Ilwella) in the sale of Delta Electricity, which included a 1,320 megawatt power station at Vales Point, New South Wales and associated coal mine, to Sev.en Global Investments.
  • Westpac invests in KasistoJones Day advised Westpac Banking Corporation in relation to its investment in a New York-based conversational artificial intelligence industry leader, Kasisto, Inc.
  • Cohort Go sold to Flywire Inc.Jones Day advised Cohort Go, a leading fintech business headquartered in Australia, in the sale of the company to Nasdaq listed Flywire Inc., a global payments enablement and software.
  • Mirae Asset and Global X ETFs acquire ETF Securities AustraliaJones Day advised Mirae Asset Global Investments Co., Ltd. and Global X ETFs in the acquisition of ETF Securities, Australia’s pioneering independent ETF provider.
  • Andrew Dzurak and Allectus Capital create leading quantum computing company, Diraq Pty LtdJones Day acted for Professor Andrew Dzurak and Allectus Capital, in the creation of a leading quantum computing company, Diraq Pty Ltd (formerly, SiMOS Newco Pty Ltd) whose founding shareholders consist of the University of New South Wales, Allectus Capital and Professor Dzurak.
  • Qatalyst Partners acts as Afterpay's financial advisor in AU$39 billion acquisition by Square Inc.Jones Day advised Qatalyst Partners in the AU$39 billion acquisition of Afterpay by Square Inc.
  • The following represents experience acquired prior to joining Jones Day.

    Represented the Commonwealth Bank of Australia on its proposed A$3.8 billion sale of its Australian and New Zealand life insurance business to AIA.

    Represented the founders of PageUp People Limited on the acquisition of a controlling stake by Battery Ventures.

    Represented Bell Potter as lead manager and underwriter on: the Elixinol Global Limited IPO and the Credible Labs Inc. IPO.

    Represented two members of the consortium that acquired the rail business of Pacific National (valued at circa A$5bn) in connection with the completed A$12 billion takeover of Asciano.

    Advised Vodafone on the Australian aspects of its proposed US$4.2 billion merger with Sky Network Television.

    Represented ASX-listed Royal Wolf Holdings Limited in relation to the takeover bid by its majority shareholder General Finance Corporation.

    Advised ASX-listed Eclipx Group Limited on its A$180 million acquisition of Grays eCommerce Group Limited by way of a scrip funded scheme of arrangement.

    Represented ASX-listed Eclipx Group Limited on its A$70 million acquisition of Right2Drive funded by Eclipx scrip.

    Represented ASX-listed UGL Limited in relation to the unsolicited takeover by CIMIC.

    Represented ASX-listed STW Communications on the proposed A$512 million acquisition of WPP's Australian and New Zealand businesses to be funded by STW scrip.

    Represented Telstra Limited as a 50 percent stakeholder in Foxtel, concerning Foxtel's acquisition of a 13.84 percent stake in Ten Network Holdings Limited.

    Represented Pepper Group Limited on its A$471 million IPO and associated listing on the ASX.

    Represented the joint lead managers on Australia and New Zealand Banking Group's A$970 million Capital Notes 3 offer.

    Represented oOh!media Limited on its initial public offering and listing on the ASX valuing oOh!media at A$365.5 million.

    Represented UBS AG, Australia Branch and CIMB Capital Markets (Australia) in their role as bookrunners and joint lead managers of Centuria Property Funds Limited's A$114.3 million initial public offering.

    Represented Goldman Sachs and Wilson HTM as joint lead managers in relation to Touchcorp Limited's initial public offering and listing on the ASX that valued Touchcorp at A$162.3 million.

    Represented Transfield Services Limited on its A$575 million acquisition of Easternwell Drilling and associated $295 million 2 for 9 accelerated non-renounceable entitlement offer to part fund the acquisition.

    Represented Midwest Corporation Limited in the A$1.36bn takeover by Sinosteel.

    Represented Bolnisi Gold on its A$1bn merger with Coeur D'Alene Mines Corporation by way of a scheme of arrangement.

    Represented the independent directors of Allco Equity Partners in relation to the Airline Partners Australia $11.1bn bid for Qantas Airways Limited.

    Represented the consortium led by the Royal Bank of Scotland on Australian aspects of the successful cross-border, hostile, break-up €71.1bn bid of ABN AMRO.

    • May 18, 2022
      Australia and India's historic trade deal: Australia-India Economic Cooperation and Trade Agreement presented by Jones Day and the Australia India Chamber of Commerce.