Global law firm Ashurst has advised Allegro Funds on the share sale of Strait Link.
Strait Link, the Tasmanian arm of Team Global Express, is the largest integrated freight logistics provider across the Bass Strait, linking Tasmania and mainland Australia.
The shares are to be acquired by newly incorporated entities owned by Igneo Infrastructure Partners, the infrastructure arm of First Sentier Investors Group, and its flagship fund, ADIF.
The transaction is subject to customary closing conditions and is expected to complete in the first half of 2026.
The Ashurst team was led by partners Anton Harris and Brooke Coghlan, who were assisted by: partner John Brewster, senior associates Amina Cahill and Shojeeb Alam, and associates Cameron Huson, Sarah Columbus, and Brandon Lam (Corporate Transactions); partners Jane Harvey and Peter McNulty, senior associate Simon James Moore, and associate Molly Pearse (Employment); partner Andrew Craig, counsel Dora Guslitser, senior associate Stephanie McDonald, and associate Imogen Hanrahan (Digital Economy Transactions); partner Stuart D’Aloisio, senior associate Elizabeth Arms, and associate Sarah Phillips (IP/Media); partner Jason Cornwall-Jones and senior associate Jack Kelly (Real Estate); partner Jane Hall, senior associate Lisa Moore, consultant Hazel Brasington, and associate Dina Sabeta (Planning, Access and Environment); partner Justin Jones, senior associate Alain Van Der Westhuizen, and associates Rose Tapper and Jem Cash (Competition); partner Campbell Johnston, senior associate Charles Osborne, and associate Mitchell Maros (Global Loans); and partner James Clarke and associate Raman Kaur (Dispute Resolution).
