Global law firm K&L Gates has advised private equity firm CHAMP Ventures on the sale of its majority share in outdoor clothing and equipment retailer Macpac Holdings Pty Limited (Macpac) to Super Retail Group Limited (Super Retail Group) for AUD135 million.

The K&L Gates team that advised CHAMP Ventures on all legal aspects relating to the sale was led by Sydney corporate and transactional partner Nick Humphrey and included senior associate Cristin McCoy and lawyer Tara Gazzard.

Humphrey said: "Having advised CHAMP Ventures on its acquisition of a 90% stake in Macpac in 2015 for AUD70 million, I am absolutely delighted to see the company significantly increase its value over that time and become the market leader in outdoor clothing and camping equipment. I congratulate CHAMP Ventures and all parties involved on this successful transaction.