Agworld, an Australia-based information exchange platform for farmers, has raised A$6 million ($5.6 million) in a Series C round of funding led by Reed Elsevier Ventures. Existing investor...
Industrials | 13 Aug 2014 |
Next Capital has agreed to sell New Zealand bus operator Go Bus to Maori investment funds Ngai Tahu Holdings Corporation (NTHC) and Tainui Group Holdings (TGH).
Exits | 13 Aug 2014 |
Australia’s Treasury Wine Estates (TWE) has received a buyout offer from TPG Capital that values the company at A$3.37 billion ($3.15 billion), matching a revised bid submitted by KKR and Rhône Capital last week.
Buyouts | 11 Aug 2014 |
KKR, together with Rhône Capital, has made a revised A$3.37 billion ($3.15 billion) offer to acquire Australia Securities Exchange (ASX)-listed Treasury Wine Estates.
Australasia | 04 Aug 2014 |
When Pacific Equity Partners (PEP) first came to acquire New Zealand-based snacks producer Griffin's Food in 2006 at an enterprise valuation of NZ$385 million (then $240 million), it represented the classic carve-out opportunity. The company - famous...
Exits | 31 Jul 2014 |
Shares in Healthscope,the Australian hospital operator backed by TPG Capital and The Carlyle Group, rose 5.2% to A$2.21 at the end its first day of trading yesterday following the largest Australian IPO in four years.
Australasia | 29 Jul 2014 |
The National Australia Bank (NAB) has agreed to sell a GBP625 million ($1 billion) portfolio of mostly distressed UK property loans to New York private equity firm Cerberus Capital Management.
Australasia | 28 Jul 2014 |
Founders Fund and Shasta Ventures have led a $3.6 million round of funding for Canva, an Australian website that allows amateur designers to create polished web graphics using drag-and-drop tools.
Australasia | 24 Jul 2014 |
Australian GP Pacific Equity Partners (PEP) is set for its fourth full or partial exit in two months after Philippines food and beverage conglomerate Universal Robina (URC) agreed to buy Griffin’s Foods for approximately NZ$700 million ($608 million)...
Exits | 22 Jul 2014 |
Bain Capital and Advent international are said to be among the potential buyers for Lorna Jane, an Australian women's fitness and leisure apparel company backed by CHAMP Ventures.
Exits | 14 Jul 2014 |
KKR will reportedly team up with Australian private equity firm Pacific Equity Partners (PEP) to bid for risk management and standards compliance business SAI Global.
Buyouts | 10 Jul 2014 |
A new equity crowdfunding platform called Equitise is being launched in Australia.
Early stage | 08 Jul 2014 |
Shares in Australian in vitro fertilization company Monash IVF Group slipped below the offering price on the second day of trading, following a A$315.9 million ($298 million) IPO that saw Ironbridge Capital exit the majority of its holding.
Exits | 27 Jun 2014 |
Pacific Equity Partners (PEP) will make a full exit from Asaleo Care as the hygiene and paper products manufacturer raises A$655.7 million ($616.6 million) through an IPO.
Exits | 26 Jun 2014 |
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The outlook for the Australasian market is positive as a record number of IPO exits have provided strong returns for investors and has proven that PE can outperform listed equities and compete with global divestment figures. Fundraising in terms of dollar value has been high but the number of PE funds successfully raising new commitments has declined as investors flock to the best in class.
This is an intriguing time for Australasian PE as the industry continues to mature. GPs must evolve, diversify and display skills to drive value in a low-growth environment and justify future commitments when competing on a global state by achieving world-class results from current deals and exits.
4-6 March 2015, The Westin, Sydney
The AVCJ Indonesia Forum is back for a fourth year! Mark your calendars now and join us on March 24th, 2015 in Jakarta at Indonesia's longest running, largest and most prestigious industry gathering.
The market is relatively optimistic as a new government that is viewed favourable to a balanced investment arena is introduced and we see an increase in deal activity. The hopes for a flourishing PE market amid the euphoria of 2012 has not yet been realised but the potential is still present and now may well be the time for the country to take off in its own right and increase its reputation as THE hot market in Southeast Asia.
24 March 2015, Grand Hyatt, Jakarta