HWLE Lawyers advises Jones Radiology on acquisition of minority shareholding, returning 100% ownership to South Australian doctors
Firm News
HWLE Lawyers has advised the Jones Radiology doctor group on the successful acquisition of the remaining 49% shareholding from I-MED Radiology Network.
Jones Radiology is a leading provider of diagnostic and interventional radiology services across South Australia and Alice Springs. The acquisition concludes a 25-year partnership with I-MED Radiology, during which Jones Radiology’s partner doctors held a majority 51% stake. With the purchase of I-MED’s minority interest, the practice is now entirely in the hands of South Australian healthcare professionals.
Dr Mitchell Raeside, Chair and Managing Partner of Jones Radiology said:
“As a 100% doctor-owned practice, we are excited about the opportunities to innovate and evolve our services to better support our patients, team, and the communities we serve”.
Jamie Restas, HWLE’s Chair of Partners, commented:
“The Jones Radiology doctor group has been a long standing client of the firm, and we were pleased that we were able to assist them with this significant milestone and regaining 100% ownership.”
The HWLE team was led by Jamie Restas (Partner), Shane Lloyd (Special Counsel), Sarah Minns (Senior Associate) and Shaun Scott (Senior Associate) with valuable assistance from Damien Foulis (Partner), Milton Mitsioulis (Associate) and Austin Tavian (Law Graduate) for property, Peter Staniszewski (Partner) and Christopher Bates (Special Counsel) for banking & finance, and Nima Sedaghat (Partner) and Connor Eglinton (Senior Associate), for the tax aspects.
Note to Editors:
HWL Ebsworth is the largest legal partnership in Australia according to the most recent partnership surveys published by the Australian Financial Review.
The firm comprises 1,775, staff including 282 Partners, 1,093 other legal staff and 400 support staff across offices in nine locations – Adelaide, Brisbane, Canberra, Darwin, Melbourne, Hobart, Norwest (Northwest Sydney), Perth and Sydney.
HWL Ebsworth is an independent, nationally integrated, full service commercial law firm, providing tailored and commercially oriented legal services.
HWL Ebsworth operates a different business model to the other leading national law practices, and this allows us to offer unrivalled value for money without compromising quality and service. Our low ratio of solicitors to partners ensures that our clients receive optimal access to partner resources for all matters.
For further information, please contact:
Russell Mailler, Chief Executive Partner (03) 8644 3569 or rmailler@hwle.com.au
Angelique Kear, Head of Marketing (02) 9334 8541 or akear@hwle.com.au
Subscribe for publications + events
HWLE regularly publishes articles and newsletters to keep our clients up to date on the latest legal developments and what this means for your business. To receive these updates via email, please complete the subscription form and indicate which areas of law you would like to receive information on.
* indicates required fields