Bridgeport Capital, the direct investment arm of Hawkesbridge Capital, has acquired Australia’s Underground Cable Systems (UCS) in a deal worth approximately A$100 million ($73 million) alongside company management.
Crescent Capital Partners has moved closer to a buyout of Australian engineering company Cardno by winning board support for the deal with an improved offer.
Providence Equity Partners has submitted a buyout offer for iSelect, an Australian Securities Exchange-listed product comparison site specializing in insurance, household utilities and personal finance.
Australia’s competition regulator has raised concerns about Canada-based Brookfield Asset Management’s A$8.9 billion ($6.5 billion) cash-and-stock acquisition of listed rail freight and cargo port operator Asciano.
ALE Property Group, owner of Australia’s largest portfolio of freehold pub properties, has rejected a takeover bid from private investment firm Caledonia that values the business at approximately A$770 million ($564 million).
Australian super funds are showing renewed interests in domestic venture capital, supporting firms that offer flexible structures with co-investment opportunities. Can this approach work for all GPs?
The board of Australian engineering company Cardno has advised shareholders to reject a buyout offer from Crescent Capital Partners on the grounds that it is opportunistic and undervalues the business.
QIC Global Infrastructure Fund has led a consortium to purchase the Iona Gas Storage Facility in Australia for A$1.78 billion ($1.3 billion).
Canva, an Australian online design platform, has raised $15 million in a Series A round of funding led by Felicis Ventures alongside existing investors Blackbird Ventures and Matrix Partners.
CHAMP Private Equity has sold Alleasing, an Australia-based leasing business, to Monash Private Capital in a deal said to be worth A$190 million ($135 million).
Pacific Equity Partners (PEP) portfolio company Link Group is looking to raise as much as A$946.5 million ($665 million) in an IPO on the Australian bourse.
Australia's Allegro nets a 2.4x return as Engie moves early for industrial services provider TSC Group
First State Super and HOSTPLUS join the LP roster for Blackbird Ventures' latest tech fund
EMR Capital has agreed to buy Australia's Mt. Gordon copper mine from its current owner, India's Aditya Birla Minerals, for A$15 million ($10.8 million).
Pacific Equity Partners (PEP) has closed its fifth Australia and New Zealand-focused fund at the hard cap of A$2.1 billion ($1.5 billion). The vehicle came in oversubscribed as LP interest grew following a string of exits by the GP over the past 18 months.
Allegro Funds has exited its majority stake in Australia-based industrial services provider TSC Group to multinational energy player Engie.
Pacific Equity Partners (PEP) has agreed to buy Academic Colleges Group (ACG), New Zealand’s largest private provider of school education, university foundation studies and tertiary training programs.
Anchorage Capital Partners has won the support of rival bidder G8 Education for its acquisition of Australian childcare business Affinity Education after submitting an improved offer.
Australia-based venture capital firm Blackbird Ventures has raised A$200 million ($143 million) for its second fund, winning support from local superannuation funds First State Super and HOSTPLUS.
Crescent Capital Partners has submitted a takeover offer for Cardno, a listed Australian engineering company that focuses on developing physical and social infrastructure projects.
Oaktree Capital Management will contribute to a $175 million restructuring package for Australian surfwear brand Quiksilver, which has voluntarily taken its US business into bankruptcy.
Australia-based Blue Sky Private Equity has acquired a significant minority stake in Origo Education, a mathematics tuition provider for primary school students.
Australia-based CHAMP Private Equity is set for a partial exit from Accolade Wines after agreeing to sell its 50% stake in UK-based drinks wholesaler Matthew Clark to Conviviality Retail, owner of a franchised off-license chain in the UK.