Our Team

Bruce McLennan

Bruce McLennan

Managing Director and Co-Head of Advisory

Tel: +61 2 9221 5133
Fax: +61 2 9221 6814

Level 17, 167 Macquarie Street Sydney NSW 2000 Australia

Bruce joined Gresham in 2006, is Managing Director and Co-Head of Gresham's Corporate Advisory business.

Bruce has over 30 years experience in investment banking and prior to joining Gresham, Bruce was Managing Director and Head of Mergers & Acquisitions at Merrill Lynch Australia. He joined Merrill Lynch in 1997 when it acquired a leading independent corporate advisory group called Centaurus Corporate Finance. Prior to Centaurus, Bruce spent eight years with Kleinwort Benson in Sydney, Melbourne and London.

Bruce’s experience spans a broad range of industries and corporate finance transactions both domestically and globally including mergers and acquisitions advice and capital raisings (including equity, hybrid and debt).

Some of the major companies that Bruce has provided advice to include AMP, NAB, IAG, ANZ, Allianz and QBE in financial services; Telstra, Ten Network and Fairfax in telecommunications and media; North, MIM, BHP, Normandy and Oil Search in resources and energy; Fosters, Goodman Fielder, David Jones and Coles Myer in consumer and retail; Lend Lease, Stockland, Galileo and Australand in real estate.

Major transactions on which Bruce has advised include David Jones on its takeover defence from Woolworths of South Africa; Foster’s on its takeover defence from SABMiller, its Strategic Review of its Wine Business and subsequent demerger of beer and wine businesses into Treasury Wine Estates; Lend Lease’s acquisition of Valemus from Bilfinger Berger, defence of its unlisted wholesale funds from GPT, sale of its Aged Care Business to Archer Capital, its two capital raisings of $1.2bn, its acquisition and recapitalisation of Babcock & Brown Communities (Primelife), its separation from GPT and the sale of its US real estate investment businesses; Telstra on its proposals with the National Broadband Network and previously on T3; Fairfax’s takeover of Text Media; Asciano on the strategic review of its Ports Business; Nufarm on its strategic review and refinancing; NAB on the acquisition of Challenger’s mortgage origination business; Roc’s takeover of Anzon; Wattyl’s takeover defence from Valspar; Coles Myer on its acquisition of Theo’s Liquor; Galileo’s acquisition, capital raisings and joint venture with New Plan; Novus Petroleum’s takeover defence from Medco / Santos; MIM’s scheme of arrangement with Xstrata; Oil Search on its takeover of Orogen and subsequent divestment of its mineral assets; the takeover defence of North from Rio Tinto and Anglo; Allianz’s acquisition of HIH’s personal insurance business; QBE on its takeover of Limit; ANZ on the acquisition of Primary Industry Bank’s mortgage origination business; Ten Network on the sale of Canwest’s 56% shareholding; Worldcom’s takeover of OzEmail; Seven Network’s takeover of Unwired; Stockland’s takeover of Flinders Industrial Property Trust; the defence of AMP Retail Property Trust and AMP Diversified Property Trust; AMP on the scheme of arrangement to acquire the outstanding 43% shareholding in GIO; Crane on its acquisitions of Tradelink, Hardie Iplex, Mico Wakefield and takeover offer for Milnes; Rothmans on its merger and restructure with British American Tobacco / Wills; Advance Bank on its merger with St George and prior to that Advance Bank’s acquisition of Bank SA; and the divestment and IPO of David Jones.

Bruce is a CPA; a Member of the Australian Institute of Company Directors; and a Fellow of the Financial Services Institute of Australia.  He previously was a member of the Mergers and Acquisitions Taskforce of the Australian Financial Markets Association (formerly Investment Bankers and Securities Association). He holds a Bachelor of Business from Kuring-Gai College and a Master of Commerce from the University of New South Wales.