Herron Todd White Group - Mitchell Brandtman

WA-70038

Herron Todd White (One) Pty Ltd (**HTW One**) proposes to acquire 100% of the shares in Mitchell Brandtman Pty Ltd (**Mitchell Brandtman**) (the **Acquisition**). As part of the Acquisition, shareholders of Mitchell Brandtman will be issued shares in the ultimate parent company of HTW One – Herron Todd White (Holdings) Pty Ltd (**HTW Holdings**). Post-completion, those shareholders will collectively own 7.4% of the shares in HTW Holdings. HTW Holdings and its direct and indirect subsidiaries (collectively, **HTW**) provide property valuation and related property advisory services throughout Australia. HTW’s core service offering comprises residential, commercial and agribusiness property valuation services, supplied principally to Australian authorised deposit-taking institutions such as the major banks and other financial institutions, as well as to government agencies, property developers, legal practitioners and private clients. HTW is majority-owned by funds managed by QPE No. 7 Management Pty Ltd, an entity within the Quadrant Private Equity (**QPE**) group. Mitchell Brandtman provides quantity surveying and related services for construction purposes – including construction cost planning, construction financier quantity surveying, infrastructure cost, and related construction cost advisory services – primarily to developers, financiers, contractors, lawyers, property investors, architects and government bodies. Mitchell Brandtman operates from offices in Brisbane, the Gold Coast, Sydney, Miranda, Canberra, and Melbourne.