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Macpherson Kelley advises multi-national company Telio on acquisition of Australian prison phone provider Comsec TR

22 October 2019 Communications & PR Executive Gavin Lower e: gavin.lower@mk.com.au d: 03 9208 9891 m: 0414 796 726
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Macpherson Kelley has advised multi-national prison communications systems company Telio Management GmbH on its 75 per cent acquisition of Australian prison phone provider Comsec TR Pty Ltd.

German-based Telio is Europe’s leading provider of prison technology while Comsec TR currently provides communications services to approximately 50 per cent of the Australian prison population.

The acquisition is Telio’s first in Australia and part of its strategy to become the world’s leading full-service provider of prison technology services.

The Macpherson Kelley M& A team was led by Principal Lawyer Terry Kokkinos and Special Counsel Meileng Tam and assisted by the Macpherson Kelley Technology team.

“We were pleased to be able to help Telio navigate the Australian legal landscape as it entered the Australian market for the first time,” Terry said.

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Macpherson Kelley advises multi-national company Telio on acquisition of Australian prison phone provider Comsec TR

22 October 2019 Gavin Lower e: gavin.lower@mk.com.au d: 03 9208 9891 m: 0414 796 726

Macpherson Kelley has advised multi-national prison communications systems company Telio Management GmbH on its 75 per cent acquisition of Australian prison phone provider Comsec TR Pty Ltd.

German-based Telio is Europe’s leading provider of prison technology while Comsec TR currently provides communications services to approximately 50 per cent of the Australian prison population.

The acquisition is Telio’s first in Australia and part of its strategy to become the world’s leading full-service provider of prison technology services.

The Macpherson Kelley M& A team was led by Principal Lawyer Terry Kokkinos and Special Counsel Meileng Tam and assisted by the Macpherson Kelley Technology team.

“We were pleased to be able to help Telio navigate the Australian legal landscape as it entered the Australian market for the first time,” Terry said.