Commercial

We have extensive experience in commercial and corporate law matters across a wide variety of areas. We use our experience to assist our clients to achieve and sustain business growth and to add maximum value to their businesses.

We build strong relationships with our clients so as to closely understand their businesses, enabling our firm to deliver commercially driven solutions and outcomes to address the real needs of our clients.

Our commercial lawyers, including David Mazzeo, take a practical, commercially-minded approach to advising business owners and stakeholders throughout the life of a transaction.

We have experience in and can assist with a wide variety of commercial and corporate law matters, including:

• Mergers and acquisitions, and associated issues, such as tax and employment law
• Structuring, restructuring and succession planning
• Fund raising and initial public offerings
• Corporate governance and directors’ duties
• Franchising, licensing and distribution arrangements
• Trading terms and conditions
• Finance and securities, including the Personal Property Securities Register
• Employee incentives and retention arrangements
• Intellectual property protection
• General commercial advice
• Pre-litigation dispute resolution and strategies to manage disputes
• Competition law issues arising from corporate and commercial arrangements
• Not-for-profit
• Drafting and negotiating commercial agreements, including:
  • Shareholders Agreements, Unitholders Agreements and Partnership Agreements
  • Sale of Business Agreements, Share Sale Agreements, Heads of Agreement and Terms Sheets
  • Subscription Agreements and Option Agreements
  • Loan Agreements, Security Agreements and Mortgages
  • Franchise Agreements, Licence Agreements and Distribution Agreements
  • Employee Share Schemes and Employee Option Agreements
  • Employment Agreements and Contractor Agreements
  • Trade Terms and Conditions
  • Confidentiality Agreements

Tow Truck Licences

Pointon Partners advises on the purchase, sale and transfer of accident towing licences in Victoria – one of the most tightly regulated and valuable licence markets in the state.

The number of accident towing licences in Victoria is fixed by the Minister for Roads, and because these licences do not expire, buying one almost always means finding an existing holder willing to sell. Licences regularly change hands for upwards of $300,000, so getting the transaction right matters.

Our experience

We act for both buyers and sellers of accident towing licences, including:

• Structuring and documenting the sale and purchase of a towing licence
• Advising on the VicRoads licence transfer process and requirements
• Negotiating and drafting sale agreements specific to towing licences
• Advising on the regulatory framework governing accident towing operators in Victoria

Contacts are Michael Bishop and Ben Drysdale.

Frequently Asked Questions

How much does an accident towing licence cost in Victoria?

Licences regularly change hands for upwards of $300,000, reflecting their fixed supply and ongoing value, though the actual price depends on the specific licence and negotiation between buyer and seller.

Do tow truck licences in Victoria expire?

No. Accident towing licences in Victoria do not expire, which is part of why buying one almost always means finding an existing holder willing to sell, rather than applying for a new licence.

How many accident towing licences are there in Victoria?

The number of accident towing licences in Victoria is fixed by the Minister for Roads, making it one of the most tightly regulated and valuable licence markets in the state.

What is involved in transferring a tow truck licence?

A transfer involves the VicRoads licence transfer process and requirements, as well as structuring and documenting the sale and purchase agreement between buyer and seller.