HMA

Founded in 1966, HMA is a diversified engineering solutions provider to the industrial, mining and infrastructure sectors servicing customers across Australia, New Zealand, Indonesia, and Africa.

Today, HMA Group operates six business units that can be grouped into: (1) manufacturing-centric (Materials Handling, Wear Solutions), and (2) distribution-centric (Flow, Instrumentation, Power Generation, Geotechnical).

The Company has historically focused on cashflow maximisation to fund dividends, meaning growth opportunities have generally not been pursued unless they generate an in-year payback.

Investment Overview

The transaction highlights Anchorage’s capability in executing complex deals, including navigating regulatory and structuring challenges associated with a Scheme of Arrangement. Anchorage facilitated bespoke negotiations with incumbent stakeholders to secure the requisite approval thresholds, while coordinating engagements across a diverse listed shareholder base spanning six distinct business units.

Anchorage is excited to partner with HMA management to leverage its deep operational expertise to scale and transform the business, driving the next phase of growth.

Anchorage is represented on the HMA Board of Directors by Edward Bostock, Callen O’Brien and George Wroe.