Noteworthy Work
K&L Gates Advises Ektimo on Strategic Acquisition by PEMBA Capital Partners
Global law firm K&L Gates has advised Australian environmental consultancy Ektimo Pty Ltd on the sale of 70% of its shares to PEMBA Capital Partners, marking PEMBA’s first investment in the environmental consulting sector.
Ektimo is a leading provider of air quality, odour, and emission monitoring services to the energy, resources, infrastructure, and manufacturing sectors – sectors facing increasingly stringent environmental and regulatory requirements amid Australia’s decarbonisation push.
The transaction, signed on 23 December 2025, positions Ektimo for accelerated growth as PEMBA partners with the company to expand its service offerings and geographic footprint.
The deal team was led by Melbourne partner Harry Kingsley, with support from senior associate Andrew Saunders, and lawyers Rami Maserow and Seb Kostas. KMPG’s Luke Lawrentschuk and Lauren Morcom acted as corporate financial advisers to Ektimo, ensuring seamless execution of this complex transaction.
Kingsley stated: "This transaction underscores the growing importance of environmental consulting as businesses navigate complex regulatory landscapes and pursue emissions reduction targets. We are proud to have supported Ektimo in achieving this milestone and thank PEMBA Private Equity for their collaborative approach throughout the process. We look forward to seeing Ektimo accelerate its growth through this strategic partnership."
Matthew Heskin, CEO and Co-Founder of Ektimo, said: "This partnership marks a pivotal moment for Ektimo. PEMBA’s investment will allow us to scale our capabilities, broaden our service offerings, and continue delivering industry-leading environmental solutions nationwide. We greatly appreciate K&L Gates’ guidance and support in navigating this transformative step for our development.”
K&L Gates’ Corporate practice is one of the most substantial in the legal industry, with hundreds of lawyers in offices across the globe providing clients with practical legal solutions in the structuring, financing, and completion of domestic, international, and cross-border transactions.
To learn more about this transaction, see additional coverage in the Australian Financial Review.
K&L Gates is a fully integrated global law firm. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.
