Australia’s leading independent law firm, Corrs Chambers Westgarth, has advised Next Capital on its acquisition of online comparison business, Compare Club.

Compare Club is a comparison website and broking service which helps consumers decide between insurers, mortgage providers and energy providers.

The acquirer, Next Capital, is a leading independent Australian private equity firm, specialising in providing buy-out funding for small to medium growth businesses, typically valued between A$50 million and A$200 million.

Corrs advised Next Capital on all legal aspects of the transaction. Led by partners Glen Sauer, John Mosley, Steven Rice, James North and Stephen Price, the team tapped expertise from across Corrs’ corporate, banking and finance, financial services, intellectual property, information technology and employment practices.

Commenting on the matter, lead partner Glen Sauer said: “We are pleased to advise Next Capital on their latest investment from Next Capital Fund IV, after assisting with their recent Eptec and JUCY Car Rental investments. We look forward to working with Next Capital and the Compare Club team as the business grows and helps more Australians with their most important spending decisions.”