With recent bids by Chinese investors for Australian power network Ausgrid blocked by regulators, IFM saw an opportunity to salvage the deal for itself
Crescent Capital Partners has agreed to sell a 14.9% stake in Australian financial services provider ClearView Wealth to Sony Life Insurance for approximately A$145 million ($111 million).
A consortium led by US private equity firm Housatonic Partners will acquire a majority stake in the Australian records management unit of New York-listed business services provider Iron Mountain for $A70 million ($53 million).
An all-Australian consortium comprising IFM Investors and AustralianSuper has acquired a 50.4% interest in a 99-year lease of Ausgrid, New South Wales’ (NSW) electricity distribution network, for A$16.2 billion ($12.3 billion).
Waterman Capital has invested in New Zealand-based food delivery platform My Food Bag (MFB).
Development has been inconsistent in Asia’s IPO markets, with frequent pacing issues and challenges unique to each region. But in the right hands, they can still be highly rewarding for PE investors
SafetyCulture, an Australia-founded developer of mobile software for safety inspectors, has raised A$30 million ($23 million) in Series B funding from a group of investors including Index Ventures and Blackbird Ventures.
Byron Group, an Australia-based manufacturer of emergency services transport vehicles and related equipment owned by Wolseley Private Equity, has been placed into administration.
Fundraising hits a record quarterly high, thanks entirely to Chinese government-backed vehicles; Australia, Southeast Asia compensate for investment slowdown in China; India shines on exits
Ingham’s Enterprises, an Australian poultry producer owned by TPG Capital, is seeking to raise up to A$1.12 billion ($843 million) through a domestic IPO.
Hong Kong-based private equity real estate investor Gaw Capital Partners has partnered with Australia's Abacus Property Group on an Australia-focused real estate fund.
The chairman of Australia’s Foreign Investment Review Board (FIRB), Brian Wilson, has delayed taking up an advisory role with The Carlyle Group until his term with the regulator ends.
Sino-Australian PE firm Wattle Hill RHC Funds has partnered with Chinese snack producer QiaQia Food to acquire a stake in Buderim Group, Australia’s largest ginger producer, for approximately A$26.1 million ($20 million).
China’s outbound M&A market has taken off in recent years, but many are skeptical that purchasing companies will be able to handle the financial and operational burdens they have taken on
Australian life sciences and technology-oriented venture capital firm OneVentures has committed A$8 million ($6.1 million) to Melbourne-based Murdoch Childrens Research Institute (MCRI).
Quadrant Private Equity has announced its third fitness club acquisition in Australia, with an agreement to buy market leader Fitness First from Oaktree Capital Management.
Quadrant Private Equity's foray into the fitness club space represents the latest in a string of roll-up investments pursued by middle market Australian GPs. This strategy is a proven winner but execution risk should not be underestimated
CHAMP Private Equity is supporting the development of Containerchain's software-as-a-service proposition as a means of improving supply chain communications between truckers, depots and warehouses
Wingate Private Equity and Sandbar Investments have acquired Australian digital media provider Medical Channel.
Baring Private Equity Asia has agreed to buy Australia-listed risk management and standards compliance business SAI Global for an enterprise valuation of A$1.24 billion ($940 million).
Direct Capital will exit the bulk of its holding in New Zealand King Salmon as the seafood company seeks to raise up to NZ$77.5 million ($56.4 million) through a domestic and Australian IPO.
Australian GP AirTree Ventures raises its latest fund to invest in tech start-ups across growth ranges
CHAMP Private Equity has acquired a 50% stake in Containerchain, a software-as-a-service (SaaS) provider to the container logistics industry that is headquartered in Australia but also has a sizeable presence in Southeast Asia.
Turnaround specialist Allegro sees opportunity in luxury tourist transportation venture