Home Services Approach Credentials Contact

Credentials

The Head of Pegasus Partners, Ross Johnstone, has over 20 years' experience as a corporate advisor including a 10 years with two global investment banks and 10 years with two independent boutique advisory firms. Ross' expertise is in mergers and acquisitions, corporate strategy, debt and equity raisings, and he has a wealth of experience in the infrastructure, energy and mining sectors. 

 

Ross Johnstone has acted as lead adviser to corporations, state owned entities, and Governments in Australia, Canada, New Zealand and the United  Kingdom and has successfully completed more than 25 major transactions with a combined value of A$23 billion since 1995.

 

We commit senior staff, who have relevant experience, for the duration of a transaction.  We also resource transactions with other staff of appropriate expertise and experience as needed.

 

Completed Deals and Advisory Roles:

  • Capital raising and general corporate advice to the founders of an Australian corporation pursuing an Initial Coin Offering

  • Valuation and general corporate advice to an Australian private equity group with investments in oil & gas and natural resources

  • Corporate adviser to Edith Cowan University - regarding its' shareholding in EAL Australia Limited and indirect equity interest in IDP Education Limited (ASX:IEL) which is a leading international education organisation

  • Financial adviser to Cott Oil and Gas Ltd (ASX:CMT) - regarding potential acquisition opportunities

  • Adviser to UKTI (British Government) - regarding the infrastructure, energy, and environment sectors and Foreign Direct Investment from Australia into the UK

  • Financial adviser to Genstar Power Solutions - regarding raising equity capital, debt finance and business strategy

  • Financial adviser to Hodges Resources Limited (ASX:HDG) - advice regarding equity capital raising; strategic advice regarding developing its thermal coal assets in Botswana

  • Financial adviser to Moonie Hills Energy - regarding raising equity capital, identifying a strategic partner and valuation advice

  • Financial adviser to Energy Made Clean Limited - regarding raising equity capital, debt finance and business strategy

  • Financial adviser to Devereaux Holdings - regarding the potential sale of a 49% equity interest in Griffin Coal - which owned the largest known coal reserves in Western Australian (1 billion tonnes of resource - primarily sub-bituminous)

  • Financial adviser to Devereaux Holdings - regarding the potential sale of a 49% equity interest in Griffin Power - which owned 578MW of power assets in Western Australian (in operation and under construction)

  • Financial adviser to a US energy-focused private equity and infrastructure investment firm - regarding the potential acquisition of Wesfarmers Coal Division - which owned the Premier mine, the Curragh mine and a 40% interest in the Bengalla Mine

  • Financial adviser to Hydro Tasmania - regarding the successful sale of its 50% interest in Roaring 40s Asia (A$163 million) - which owned wind farms in China and India

  • Financial adviser to Backvintage Cellars - regarding a bid for Fosters Wine Club and Services (A$225 million)

  • Initial Public Offering of the Australian Energy Income Fund (A$300 million) - which owned a 20% interest in the Cooper Basin Reserve (gas and oil assets) - on behalf of Westpac

  • Financial adviser to Aquila (US) - regarding the successful sale of United Energy, MultiNet and AlintaGas (A$971 million) - which are electricity and gas distribution businesses based in Victoria and Western Australia

  • Financial adviser to Cheung Kong Infrastructure (HK) - regarding the successful acquisition of CitiPower (A$1.4 billion) - which is an electricity distribution business based in Victoria

  • Financial adviser to Aquila Inc (US) - regarding the successful acquisition of Midlands Electricity (UK) (£1.5 billion) - which is an electricity distribution business based in the United Kingdom

  • Privatisation of AlintaGas (A$971 million) - the Western Australian gas distributor and retailer - on behalf of the Government of Western Australia
  • Financial adviser to NRG Asia Pacific - regarding the successful acquisition of Flinders Power (A$465 million) - which is a coal-fired generator based in South Australia

  • Financial adviser to GPU Inc - regarding the successful sale of PowerNet (A$2.2 bn) - which owned the electricity transmission network in Victoria

  • Financial advisory and debt advisory to Shell Australia, Woodside Petroleum and United Energy - regarding the establishment of Pulse Energy ($463 million) - as the first energy retailer (electricity and gas) in the National Electricity Market

  • Financial adviser to Aquila Inc (US) and AMP - regarding the successful acquisition of MultiNet/Ikon (A$2.0 billion) - which is a gas distributor and retailer in Victoria

  • Financial adviser to Texas Utilities - regarding the successful acquisition of Westar/Kinetik (A$1.7 billion) - which is a gas distributor and retailer in Victoria

  • Takeover of a minority stake in Enerco New Zealand (NZ$80mn) - which is the gas distributor and retailer in Auckland - on behalf of Southpower Limited (NZ)

  • Financial adviser to UtiliCorp (NZ) - regarding the successful acquisition of a controlling stake in Power New Zealand (NZ$550 million) - which is the electricity distributor in North Auckland

  • Financial adviser to UtiliCorp (NZ) - regarding the successful sale of its stake in WEL Energy - which was the electricity distributor in Wellington

  • Financial adviser to WMC Limited - regarding the successful sale of its power generation assets ($230 million)

  • Financial adviser to WMC Limited - regarding the successful sale of its majority equity stake in the Goldfields Gas Transmission Pipeline

  • Financial adviser to Epic Energy (CNG, El Paso Energy, AMP, Hastings, Deutsche Asset Management) - regarding the successful acquisition of the Dampier to Bunbury Natural Gas Transmission Pipeline (A$2.4 billion)

  • Initial Public Offering of United Energy Limited (A$2.1 billion) - a Victorian electricity distributor and retailer - on behalf of the Power Partnership (AMP/Hastings/SASB)

  • Financial adviser to Tenneco Australia - regarding the sale of a 66% interest in its Australian gas transmission assets (A$465 million) - which were the PASA pipeline system in South Australia and the South West Queensland pipeline

  • Financial adviser to Power Partnership (AMP/Hastings/SASB) - regarding the successful acquisition of United Energy ($1.5 billion) - which is a electricity distributor and retailer in Victoria

  • Financial adviser to Eatons (Canada) - regarding the successful sale of Eatons Contract Catering - which was a food service business

  • Financial adviser to the Government of Ontario - regarding the successful sale of a preference shareholding in Spruce Falls Pulp and Paper to Weyerhaeuser Inc (C$300 million)

  • Financial adviser to Consolidated Press Holdings - regarding the successful sale of Radio 2UE - to the Lamb Family

  • Due diligence role for Labatt Canada - regarding the potential acquisition of Bond Brewing Holdings - which owned Tooheys, Castlemaine and Emu breweries in Australia

  • Due diligence role for the Vestey Group - regarding the IPO and trade sale of its Australian and New Zealand Assets - which included Angliss Meats and Angliss meatworks (Naracoorte, Whangarei, Hastings, Palmerston North)

  • Financial Due Diligence role for the Adelaide Steamship Company - regarding the Initial Public Offering of David Jones Limited - which owned 32 department stores in Australia

  • Valuation of Bayer Australia

  • Valuation of Hanimex Australia assets

  • Valuation of Consolidated Press Holdings