Norton Rose Fulbright advises Sunrise Medical Group on strategic transaction with Concourse Golf

A multi-disciplinary team from global law firm Norton Rose Fulbright has advised global medical technology company Sunrise Medical Group (Sunrise) on the distributorship arrangement with, and subsequent acquisition by, its Australian subsidiary of Concourse IP Pty Ltd and Concourse Assistive Technology Pty Ltd (together, Concourse Golf).

Sunrise is a recognised leader in the design, manufacture and distribution of mobility products. It has identified the transferability of a self-contained and autonomous wheel propulsion system developed by Concourse Golf. Originally for use in golf buggies and similar sporting equipment, this technology was found to be highly applicable to certain of Sunrise's use case in designing and manufacturing wheelchairs, and other personal mobility devices.

The acquisition of the Concourse Golf companies and their intellectual property expands Sunrise's autonomous wheel propulsion capabilities, furthering their vision for accessible, resilient and adaptable mobility solutions across their global customer base.

Norton Rose Fulbright corporate M&A partner Ben Smits commented:

"This deal was remarkable and groundbreaking as an intersection between the sporting goods and medical technology sectors. It also involved bespoke acquisition structure, backed by a suite of commercial agreements which will govern the parties' ongoing collaboration. We are pleased to have assisted long term and valued client Sunrise Medical on all legal aspects of this transaction."

The Norton Rose Fulbright deal team was led by Sydney-based partner Ben Smits, with support from associate William Batt. Key supporting partners on the deal included Maija Kerry (commercial and consumer markets, Sydney), Georgina Hey (intellectual property, Sydney), Bernard O'Shea and Rohan Sridhar (technology, Melbourne), Alexandra Shields (employment, Sydney) and Greg Reinhardt (tax, Sydney).