Herbert Smith Freehills Kramer advises Black Kite Partners on the successful completion of its acquisition of 13SICK, DoctorDoctor, 24-7Medcare and Australian Surgical Assisting

Herbert Smith Freehills Kramer (HSF Kramer) has advised newly formed private equity firm, Black Kite Partners, on its acquisition of the DR2 business (comprising 13SICK, DoctorDoctor, 24-7Medcare and Australian Surgical Assisting).

DR2 is a tech-enabled healthcare business delivering primary care through home visits and telehealth services under the 13SICK, DoctorDoctor 24-7Medcare and Australian Surgical Assisting brands. 

The HSF Kramer team was led by partners Nicole Pedler and Natalie Bryce, with support from senior associates Caitlin Walker, Crusoe Flynn-Pittar and Saskia Gude, and solicitors Kate Bartkowski and Gia Saldanha.

Nicole Pedler, HSF Kramer Partner, said, “We are delighted to have assisted Black Kite Partners with their maiden investment. It is a testament to the Black Kite team’s execution capability to complete their first platform acquisition so quickly after establishment.” 

Natalie Bryce, HSF Kramer Partner and Sector Lead for Healthcare, said, “DR2 operates in an essential part of our healthcare sector, caring for patients at home and after hours. We value the opportunity to assist our clients to navigate the complexities of funding in the sector, to empower their investments in important social services.”

This transaction highlights HSF Kramer’s market-leading work in Australian private equity and healthcare M&A.