Catalyst exits Aperio for $251 million
Catalyst Investment Managers has reached an agreement with Amcor to sell its stake in Aperio Group, Amcor’s largest rival in the Australian flexible packaging market, in a transaction worth A$238 million ($251 million).
The price represents a multiple of 6x the company's EBITDA of $40 million, according to Financial Review. Catalyst was advised by Greenhill Caliburn and Amcor was advised by Citigroup. The deal remains...
More on Australasia
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.