Sydney Airport is Australia’s largest airport and served over 44 million passengers in 2019. Macquarie Capital acted as the financial adviser to the SAA, a consortium comprising some of the world’s largest infrastructure and airport investors: IFM Investors, Global Infrastructure Partners, QSuper and AustralianSuper.1
Macquarie was able to leverage its deep expertise in the transport infrastructure sector, drawing upon extensive prior experience involving airports and listed infrastructure transactions. The Macquarie team provided strategic M&A advice, assisting the client in securing access to due diligence following two earlier offers and was able to support the client by drawing upon relationships with key process stakeholders, securing transaction outcomes.
The acquisition is Australia’s largest listed infrastructure transaction to date.2