Nathanael specialises in domestic and cross-border mergers and acquisitions, private equity investments, equity capital markets, private securities offerings and complex joint venture arrangements. He also advises on NZX and securities law compliance, corporate governance, and financial services regulation.
Nathanael has particular expertise with the New Zealand Takeovers Code and is one of New Zealand’s leading public takeover lawyers. He co-leads the firm’s public takeovers practice and has advised on some of the most notable transactions under the Takeovers Code, including the highest value public takeover in New Zealand corporate history. Nathanael was appointed to the Takeovers Panel, the regulator of public takeovers in New Zealand, in 2016.
Nathanael has presented for the New Zealand Law Society on takeovers and financial markets regulation, was a past contributing author to Morrison’s Company and Securities Law, and wrote the chapter on takeovers in the recent book Financial Markets Conduct Regulation: A Practitioner’s Guide.
Before joining Harmos Horton Lusk, Nathanael was a corporate associate at Bell Gully.
Nathanael is recognised as a leading individual for Corporate/M&A by Asia Pacific Legal 500, and is described as an “intelligent, commercial as well as pragmatic” lawyer who “finds ways to do things others say you can’t”.
He is recommended as a leading lawyer for Corporate/M&A by Asia Law Profiles and is ranked for Corporate/Commercial by Chambers Global and Chambers Asia Pacific. In addition, Nathanael was recognised in the Australasian Lawyer Hot List in 2016 and the NZ Lawyer Hot List in 2015 and 2016.
Many of the transactions on which Nathanael has advised have won or been nominated for international and domestic industry awards, including transactions that were nominated as finalists for M&A Deal of the Year Award at the 2014, 2015 and 2016 NZ Law Awards and the 2016 Australasian Law Awards.
Governance and other roles
Nathanael is a member of the Takeovers Panel, the government body responsible for regulating public takeovers in New Zealand. He is also a trustee of the Laidlaw College Foundation, an endowment fund for a private tertiary training institution – with a multi-million dollar investment portfolio and substantial land holdings. Nathanael is a member of the New Zealand Institute of Directors.
Advised NZX Main Board listed Hellaby Holdings on its response to a $352 million full cash takeover offer from ASX listed Bapcor
Advised NZX Main Board listed Abano Healthcare Group on its defence of an unsolicited partial takeover offer which valued the company at $215 million
Advised NZX Main Board listed Restaurant Brands on the acquisition of the Taco Bell and Pizza Hut franchises in Hawaii, Guam and Saipan for US$105 million
Advised NZX Main Board listed Restaurant Brands on an underwritten Accelerated Renounceable Entitlement Offer which raised $94 million to fund the acquisition of the Taco Bell and Pizza Hut franchises in Hawaii, Guam and Saipan
Advised NZX Main Board listed Pushpay on a A$54 million institutional placement (comprising a A$40 million primary capital raising and a A$14 million secondary sell down) in connection with obtaining an ASX foreign exempt listing
Advised Vital Healthcare Management as manager of NZX Main Board listed Vital Healthcare Property Trust on its underwritten $160 million renounceable rights issue
Advised NZX Main Board listed Restaurant Brands on the acquisition of the largest KFC franchisee in Queensland, Australia for A$82.4 million
Advised New Zealand shareholders on the sale of A$2 billion sale of Australian mobile phone tower owner Crown Castle Australia to funds managed by Macquarie