Australian Mercantile Collections

KordaMentha goes ‘Public’ in Adgemis-Bain debt talks

KordaMentha goes ‘Public’ in Adgemis-Bain debt talks

KordaMentha has become involved in a $500m face-off between Sydney property investor Jon Adgemis and Bain Capital over the Public Hospitality Group.

Mr Adgemis and Bain are locked in heated negotiations over a potential deal that could result in the former KPMG rainmaker securing a roll-up of a string of different loans across Public Hospitality, his pub and hotel empire.

In an email seen by The Australian, KordaMentha partner Tim Fitzgerald sought to raise the issues around Public…

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