Latest Jlg News

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Johns Lyng Group has officially been acquired by Sherwood BidCo, controlled by Pacific Equity Partners, with shareholders receiving $4.00 per share or equity in the new entity. The company will be delisted from the ASX on October 24, marking a new chapter under private ownership.
Victor Sage
Victor Sage
23 Oct 2025
Johns Lyng Group shares will halt trading following Supreme Court approval of its acquisition by Sherwood BidCo, controlled by Pacific Equity Partners.
Victor Sage
Victor Sage
14 Oct 2025
Johns Lyng Group’s acquisition by Sherwood BidCo has been legally approved, triggering a suspension of JLG shares on the ASX. Shareholders are set to receive $4 per share or scrip consideration by late October.
Victor Sage
Victor Sage
14 Oct 2025
The Supreme Court of New South Wales has approved the scheme for Pacific Equity Partners to acquire Johns Lyng Group, setting the stage for a significant ownership change and trading suspension on the ASX.
Victor Sage
Victor Sage
13 Oct 2025
Johns Lyng Group shareholders have overwhelmingly approved a scheme of arrangement for acquisition by Pacific Equity Partners, pending final court approval.
Victor Sage
Victor Sage
8 Oct 2025
Johns Lyng Group Limited (JLG) shareholders are set to vote on a scheme of arrangement that would see Sherwood BidCo Pty Ltd, backed by Pacific Equity Partners, acquire 100% of JLG shares at a significant premium. The scheme booklet, now registered with ASIC, outlines a $4.00 per share cash consideration and an option for management shareholders to receive scrip in the acquirer's holding company.
Victor Sage
Victor Sage
2 Sept 2025
Johns Lyng Group reported a modest 1.8% revenue increase for FY25, driven by strong business-as-usual growth despite a steep decline in catastrophe-related income. The company’s FY26 forecast anticipates continued revenue expansion amid ongoing operational challenges.
Victor Sage
Victor Sage
26 Aug 2025
Johns Lyng Group delivered steady FY25 financial results with revenue growth and strong core operations, while securing a $1.1 billion acquisition offer from Pacific Equity Partners.
Victor Sage
Victor Sage
26 Aug 2025
Johns Lyng Group reported a modest revenue increase to $1.18 billion in FY25, driven by organic growth and key acquisitions, while agreeing to a $1.1 billion takeover scheme with Pacific Equity Partners.
Victor Sage
Victor Sage
26 Aug 2025
Johns Lyng Group has entered a binding scheme implementation deed with Pacific Equity Partners for a $1.1 billion acquisition at $4.00 per share, representing a significant premium and a 10.3x EV/EBITDA multiple. The transaction awaits shareholder and regulatory approvals, with major shareholder backing and a clear timetable set for late 2025.
Victor Sage
Victor Sage
11 July 2025
Johns Lyng Group has received a conditional, non-binding acquisition proposal from Pacific Equity Partners, sparking a potential shift in ownership with key management poised to retain stakes. The company has granted exclusivity for due diligence, setting the stage for a possible binding offer.
Victor Sage
Victor Sage
11 June 2025