Australia
Australia's Catalyst secures $245m Actrol trade sale
Catalyst Investment Managers has exited Actrol Group, a components and systems supplier to the heating, ventilation and refrigeration industry, to Reece Australia for A$280 million ($245 million).
GIC, Macquarie invest in Australian student accommodation
GIC Private and Macquarie Capital have formed a joint venture to acquire a majority stake in Australian student accommodation operator Iglu.
TPG, Carlyle assess exit options for Australia's Healthscope
Healthscope, an Australian hospital operator owned by TPG Capital and The Carlyle Group, looks set for an IPO that could generate proceeds of around A$4 billion ($3.5 billion).
Tempting offers: Australian IPOs
Following a prolonged drought, Australia has seen a recent spike in private equity-backed IPOs. Is this a flash in the pan or are public market exits on the cusp of a sustained comeback?
CHAMP Ventures plans IPO for SG Fleet
CHAMP Ventures is seeking to exit its 42% stake in Australian vehicle leasing and fleet management business SG Fleet Holdings by way of an IPO on the Australian Securities Exchange (ASX).
ASA calls for Billabong delay over Oaktree, Centerbridge deal
The Australian Shareholders Association (ASA) has called on Australian surf wear company Billabong International to delay a shareholder vote on a decision that could give PE creditors Oaktree Capital Management and Centerbridge Partners as much as 40.8%...
Technology Crossover Ventures leads Series B for Australia's Siteminder
Australian hotel booking start-up SiteMinder has raised $30 million in funding led by Palo Alto-based Technology Crossover Ventures (TCV).
Q&A: Wolseley Private Equity's Richard Burrows
While other Australian GPs have moved on to larger transactions, Wolseley Private Equity remains resolutely lower mid-market. Richard Burrows, a director at the firm, explains why
4Q analysis: IPO awakening
Public market offerings return, or at least expectations of them; pan-regional players shore up weak fundraising market; growth deals to the fore as buyouts recede
KKR backs FIWA acquisition of CHAMP-owned Centric Wealth
KKR’s credit unit, KKR Asset Management, is partnering with Australia’s Financial Index Wealth Accountants (FIWA) in its takeover bid for CHAMP Private Equity-owned high net worth financial advisory Centric Wealth. KKR will provide acquisition funding...
Platinum buys Australia directories business Sensis
US private equity firm Platinum Equity has reached an agreement with Telstra Corporation, Australia's biggest phone company, to acquire a 70% stake in its directories business Sensis for A$454 million ($407.17 million).
Value Creation: Shock and awe?
Asian GPs are building up their operational resources to support portfolio companies, but the true value of expertise is knowing when and where to make influence count
Blackstone names Carnegie Australia PE head
The Blackstone Group has appointed James Carnegie as a senior managing director in its Sydney office from where he is expected to lead private equity activities in Australia.
Australia's Anacacia backs Yumi's Quality Foods
Anacacia Capital has invested an undisclosed amount in Australian snacks company Yumi's Quality Foods.
Crescent-owned insurer shares down 12.5% after Australian IPO
Shares in Crescent Capital Partners-owned Cover-More Group opened down 12.5% today following the travel insurer's A$521 million ($460 million) IPO on Australian Securities Exchange (ASX).
Anacacia completes two deals in health and education
Australian private equity firm Anacacia Capital has completed two new acquisitions in the health and education sectors: healthcare equipment manufacturer Oxford Group and Careers Training Group - formed as a merger between vocational training firms Selmar...
Australia's first equity crowd funding platform set for launch
Early-stage venture capital firm Artesian is aiming to launch Australia's first equity crowdfunding platform in February.
Blackstone Australia chairman Paul Costello quits
Paul Costello, the non-executive Chairman for Australia and New Zealand at The Blackstone Group, has resigned after two years with the firm.
Quadrant acquires Australian water dispensing business
Quadrant Private Equity has acquired a majority stake in Zip Industries, an Australian developer of small-scale hot water systems capable of delivering boiling water instantly. Its signature product the Zip HydroTap is popular domestically and exported...
L Capital sees 2XU as a good fit
A recognized investor in fine foods, jewelry and ladies fashion, L Capital’s decision to back 2XU – an Australian manufacturer of compression sportswear – may seem a slight departure. In fact it could not have been a more perfect fit.
Australian taxi app Ingogo gets new funding, eyes listing
Ingogo, the Australian start-up behind the mobile taxi-booking app of the same name, has raised a A$3.4 million ($3.1 million) from a group of PE investors ahead of a listing on the Australian Securities Exchange (ASX) next year.
APN agrees to exit advertising JV to Quadrant
APN News & Media has agreed to exit its interest in advertising business APN Outdoor to joint venture partner Quadrant Private Equity for A$69 million ($66.5 million).
PE-backed Nine raises $577m in Australia IPO
Australia's Nine Entertainment - which was saved from receivership by US hedge fund backers Oaktree Capital Group and Apollo Global Management - has raised A$631 million ($576.45 million) after pricing its IPO at the bottom end of the indicative range....
Anchorage-backed Dick Smith closes flat after $311m IPO
Shares in Australian electronics retailer Dick Smith Holdings, which is backed by Anchorage Capital Partners, gained 3.6% on their trading debut on Wednesday before settling back to A$2.20, the same as the IPO price. The offering earlier raised A$344.5...