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Initially wanting to become a doctor, Meileng Tam found herself drawn to her law subjects at university instead and decided medical school wasn’t going to be for her. Despite making the successful decision to switch to law, her curiosity about the healthcare, innovation and medical industry never waned. This natural interest means Meileng immerses herself in her clients’ businesses, understanding how they work and how she can help evolve them.
Whether she is working with clients in the medical devices industry or in medical, dental or pharmacy practices, or whether she’s assisting in mergers and acquisitions, Meileng supports them to achieve their business aspirations.
“A client once said to me, ‘There are two people you need when you embark on starting a business, a good accountant and a good lawyer.’ That client has been with me for a long time, so it’s good to know you have been a part of their success.”
health and pharmacy specific commercial experience
mergers and acquisitions
Meileng was the lead solicitor advising in the acquisition of a number of day hospitals by a global firm as they aimed to secure their presence for their dialysis treatment clinics in Australia and New Zealand. This acquisition was complex as the client was headquartered in Germany and the vendor’s position on providing warranties created commercial risks that required a detailed evaluation. The acquisitions expanded the client’s footprint from product supplier to an essential medical service provider in the Australian and New Zealand markets. Since the completion of the acquisition, the client has opened further clinics.
Meileng advised a family owned food business on securing an investment to help them expand into the US. Unfortunately the investment company provided a template investment and shareholder position, which would have been detrimental to the client. Working against strict time constraints due to the client’s US commitments, Meileng was able to shift the investment company’s mindset through significant negotiations. Meileng helped the client retain the family interest and value in the business whilst gaining them access to private equity funds enabling them to embark on their US expansion.
Meileng led the Macpherson Kelley team that assisted international prison communication systems company Telio Management GmbH acquire 75 per cent of Australian prison phone provider Comsec TR Pty Ltd. The acquisition was Telio’s first in Australia and part of its strategy to become the world’s leading full-service provider of prison technology services. Macpherson Kelley helped German-based Telio navigate all aspects of Australian corporate law as it entered the Australian market for the first time.