Nextgen Group, the Australian telecommunication network owned by Ontario Teachers' Pension Plan (OTPP) and CIMIC Group, has agreed to sell some of its assets to Vocus Communications.
OneVentures has led a A$3 million ($2.2 million) Series A round of funding for Australian online human resources services start-up Employment Hero.
US-based private equity firm Cartesian Capital has committed $20 million in project development financing to Australian mining company White Rock Minerals.
Australia’s IFM Investors is aiming to enhance its PE business with the appointment of former CHAMP Ventures co-head Stuart Wardman-Browne as executive director of the investment group’s private capital team.
KKR has sold its stake in French district heating provider Coriance to First State Investments, the asset management division of the Commonwealth Bank of Australia.
The Australian Private Equity & Venture Capital Association (AVCAL) is urging major political parties to do more to help scale up domestic companies ahead of a federal election next month.
The Carlyle Group has hired Jesse Wu, the former chairman of Johnson & Johnson China, as a senior advisor to the firm’s Asia buyout team.
The Carlyle Group has promoted David Bluff to managing director and head of its buyout team in Australia and New Zealand. He was previously a director with the firm.
Resource Capital Funds has agreed to buy Ausenco, an Australia-listed mining services business struggling as a result of the commodities downturn, at an enterprise value of A$153.7 million ($113.3 million).
Australian VC firm Starfish Ventures has joined a $17.5 million round for Aktana, a US and Japan-based marketing services provider looking to consolidate its Asian footprint.
Australian agriculture fund manager Laguna Bay Pastoral Company has reached a first close of A$280 million ($208.5 million) on its second investment vehicle for institutional investors.
After a dormant 2015 during which no funds were raised, New Zealand has seen a flurry of activity in the first half of this year. It is piquing enthusiasm – albeit cautiously – for a fledgling VC space
The Australian operation of Jones the Grocer, a gourmet food retailer backed by L Capital Asia, has entered voluntary administration for the second time in two years.
Pacific Equity Partners (PEP) has made a formal offer to buy Australian snack maker Patties Foods for A$230 million ($166 million).
Australian testing services company ALS has rejected a buyout offer from Advent International and Bain Capital that valued the company at about A$2.7 billion ($1.9 billion).
Australia-based start-up networking platform CapitalPitch has launched a fund focused on early stage investments, with a target size of at least A$10 million ($7.3 million).
Data Republic has attracted Series A funding from some of Australia’s biggest companies, with a notable showing by the major banks demonstrating a growing focus on data security investment in the financial sector
The Blackstone Group’s tactical opportunities division has made a NZ$200 million ($134.5 million) investment in New Zealand insurance provider Partners Life.
Australian GP Pacific Equity Partners (PEP) has launched a bid to buy snack maker Patties Foods in a deal that values the company at A$203 million ($165 million).
L Capital Asia has taken a significant minority stake in a company that has acquired the global rights to Jones the Grocer, a gourmet food retailer that originated in Australia.
The Riverside Company believes New Zealand’s Simcro has what it takes to build its animal health device business worldwide, and is using its global reach and long-term perspective to help the company succeed
Australia’s politically charged beef industry has attracted a wave of new investment, much of it driven by overseas buyers. As this interest elevates valuations and emotions, PE firms must capture value with care
Australia-based financial technology company Data Republic has received $10.5 million ($7.6 million) in funding from National Australia Bank (NAB), Westpac and Qantas.
The Sydney Stock Exchange (SSX) has initiated development of a blockchain-based equities market settlement and registration system that is expected to facilitate exits for VC firms.