This transaction highlights the massive current opportunity for high-quality technology and hardware innovation combined with AI capabilities in the defence space, particularly within the marine sector. At Silverpeak we are very active in transactions involving hardware/ software combinations, and it was a privilege to advise Shaun and the team on this highly strategic transaction.
This is the second Silverpeak transaction in the defence-tech/national security space this year – with more in the pipeline in what is a very active market.
The acquisition will occur by means of a members’ scheme of arrangement under Australian law and is subject to court and State approval.
