Australia’s Ironbridge completes Bravura take-private
Ironbridge Capital has completed the take-private of Australia-based financial services administrator Bravura Solutions after minority shareholders approved a deal that values the company around A$173 million ($158 million).
Bravura was suspended from trading on September 26, according to a regulatory filing. Ironbridge Fund II - a A$1.05 billion vehicle that closed in 2006 - already held a 67.12% stake in Bravura and offered...
More on Buyouts
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.