Australia
Quadrant completes exit from Australia's Peter Warren Auto
Quadrant Private Equity has completed its exit from Australian car dealership Peter Warren Automotive Holdings - which it took public last year - through a AUD 50m (USD 34m) block trade.
Deal focus: Anchorage exits rail player, launches Fund IV
Australia-based Anchorage Capital Partners has extended a string of exits with the sale of a local rail industry player, while going to market seeking AUD 500m (USD 339m) for its fourth fund
Australia's Morse Micro gets $95m Series B
Morse Micro, an Australian fabless semiconductor developer specialising in long-range, low-power Wi-Fi for internet of things (IoT) devices, has raised AUD 140m (USD 95m) in Series B funding.
Anchorage exits Australia rail operator
Australia’s Anchorage Capital Partners has sold local rail operator Rail First Asset Management for AUD 425m (USD 290m) to Dutch GP DIF Capital Partners and Amber Infrastructure of the UK.
Australia branding platform Outfit acquired by US strategic
Australia’s Outfit, a VC-backed brand management business, has been acquired by Smartsheet, a New York-listed enterprise workflow management platform for an undisclosed sum.
Allegro makes partial exit from Australian retailer Best & Less
Allegro Funds has completed another partial exit from Australian baby and kids retailer Best & Less, generating proceeds of AUD 29.7m (USD 20.2m) through a block trade.
Potentia, HarbourVest move for Australia's Nitro Software
Australia-listed productivity software provider Nitro Software has rejected a AUD 386m (USD 263m) buyout offer from Potentia Capital and HarbourVest Partners.
Australia's Ramsay Health Care rebuffs revised KKR buyout offer
Australia-listed hospital operator Ramsay Health Care has rejected an alternative buyout proposal from a KKR-led consortium after progress with the initial bid was slowed by the need to conduct due diligence on Ramsay Santé, the company’s separate...
GPs exit Australian quantity surveyor to management
The management team of Australia-based quantity surveyor BMT Tax Depreciation has assumed control of the business, ending a seven-year holding period for private equity backers CHAMP Ventures and Yorkway Equity Partners.
Carlyle forms Australia, New Zealand private credit joint venture
The Carlyle Group has broadened its Asia private credit coverage through the establishment of a joint venture with Australia-based credit investor and corporate advisory firm Amicaa.
Australia's PEP buys traffic management business
Pacific Equity Partners (PEP) has acquired a majority stake in Altus Group, which claims to be Australia’s largest provider of traffic management services.
Denham, Nexif sell Australia, SE Asia energy assets for $1b
Resources-focused GP Denham Capital and power infrastructure company Nexif have agreed to sell jointly held energy assets across Australia and Southeast Asia at an enterprise value of USD 1bn.
Energy transition case study: The Arnott’s Group
Having acquired Australian snacks producer The Arnott’s Group under its long-dated strategy, KKR hopes to make an enduring impact on sustainable sourcing and energy conservation
Alternative fuels: Burning questions
From the landfill to the inside of atoms, the alternative fuels angle on energy transition gives investors a range of risk profiles to consider. Developed economies are the primary playgrounds
Thoma Bravo bids $740m for Australia's Nearmap
Thoma Bravo, which claims to be the largest private equity investor in software globally, has launched a AUD 1.05bn (USD 740m) take-private bid for Nearmap, a listed Australian provider of aerial imagery technology and location data.
Asia agtech: Work in progress
Global food supply issues and local economic realities are driving more capital into Asia’s agricultural technology space, where business models – from marketplaces to deep-tech – are still being proven
Australia's Genesis makes biolabs investment
Genesis Capital, a mid-market Australian private equity firm specialising in healthcare, has acquired a majority stake in Crux Biolabs, a contract research organisation (CRO) based in the Melbourne suburbs.
Adamantem to carve out cardiology unit from Australia's GenesisCare
Adamantem Capital has agreed to acquire Australia’s largest cardiology services provider through as a carve-out from KKR-backed healthcare giant GenesisCare.
Australia hydrogen player gets $29m Series A
Australia’s Virescent Ventures, a VC firm spun out earlier this year from Clean Energy Finance Corporation (CEFC), has led a AUD 40m (USD 29m) Series A round for local hydrogen energy start-up Hysata.
Skip Capital, Stonepeak pursue Australia's Genex Power
Australia-listed renewable energy producer Genex Power has rejected an initial AUD 320m (USD 225m) buyout offer from Skip Capital and Stonepeak Partners, but it is open to further advances.
Potentia agrees $623m exit from Australia's Micromine
Australia’s Potentia Capital has agreed to exit its position in local mining software provider Micromine to UK-based industrial software player AspenTech in a deal worth AUD 900m (USD 623m).
Apax buys Australia automotive auctions platform
Apax Partners has acquired a majority position in Australian vehicles and industrial equipment marketplace Pickles Auctions.