Orica Limited (ASX:ORI) entered into an agreement to acquire GP Holdco Pty Ltd from Crescent Capital Partners III, L.P. managed by Crescent Capital Partners Management Pty Ltd. for approximately AUD 210 million on December 20, 2017. The purchase price will be funded in cash from existing debt facilities. The transaction is subject to customary closing conditions. The transaction is expected to close in the first quarter of calendar year 2018. The transaction is expected to be earnings per share accretive in the first full financial year of ownership. Goldman Sachs Australia acted as financial advisor to Orica Limited. Chase Sanders, Matt Kessler, John Moriarty, Henry Wang and Satoshi Matsumoto from Robert W. Baird & Co. acted as the financial advisors to GroundProbe Pty Ltd. Orica Limited (ASX:ORI) completed acquisition of GP Holdco Pty Ltd from Crescent Capital Partners III, L.P. managed by Crescent Capital Partners Management Pty Ltd. in mid January 2018.