KKR helped GreenCollar take advantage of carbon credit markets that have become increasingly global and economically viable – and it took dozens of employees along for the ride
Paine Schwartz Partners has reached an agreement to acquire Australian fresh fruit and vegetables supplier Costa Group for an enterprise value of approximately AUD 2.46bn (USD 1.58bn).
Pacific Equity Partners (PEP) has agreed to pay AUD 272.1m (USD 174m) for a 50% stake in LMS Energy, a biogas-to-energy and solar renewable energy business held by Australian metals recycler Sims.
Ontario Teachers’ Pension Plan (OTPP) will take full ownership of GreenCollar, an environmental services provider that helped establish Australia’s carbon credit market. This will facilitate an exit for KKR and other unnamed shareholders.
Singapore-based e-commerce services provider Amp, which was founded by the team behind inventory and order management platform TradeGecko, has raised USD 18.5m in Series A funding.
IFM Investors has committed approximately NZD 50m (USD 29m) to New Zealand-based energy sector software provider Tally Group alongside existing investors SilverTree Equity and Pioneer Capital.
Apollo Global Management has made its third partial exit this year from Australia-based Ventia Services Group – a maintenance services business carved out from Leighton Holdings in 2014 – with approximately AUD 240m (USD 153m) in proceeds.
The Growth Fund, an Australian mid-market private equity (PE) firm, is expected to manage out its current portfolio and then disband
CVC Capital Partners has expanded into the infrastructure space with the acquisition of DIF Capital Partners, a Netherlands-headquartered manager with an investment footprint that includes Australia.
Australian middle market private equity firm Anacacia Capital is preparing to launch its fourth fund, telling investors that it expects to surpass the AUD 300m (USD 193m) raised for Fund III but would not exceed AUD 450m.
Pacific Equity Partners (PEP) has agreed to acquire Healthia, an Australia-based healthcare services provider specialising in physiotherapy, podiatry, and optometry, for an equity value of AUD 260m (USD 168m).
PAG has acquired Australian Venue, which owns a portfolio of pubs, bars, and restaurants across Australia, from KKR for more than AUD 1.4bn (USD 900m).
Australia’s Airtree Ventures has led a AUD 12m (USD 7.7m) Series A round for HEO Robotics, a local space start-up focused on non-Earth imaging.
TA Associates has agreed to sell Honan Insurance Group, an Australia-based insurance broker specializing in corporate risk, employee benefits, and strata and real estate insurance, to Marsh McLennan.
IFM Investors has committed AUD 50m (USD 32m) to Smart Urban Properties Australia (SUPA), which claims to be the country’s first unified services provider of utilities and communications infrastructure.
Mirae Asset Global Investments has invested about USD 17m in a 53% stake in Stockspot, Australia’s largest robo-advisory.
UK-based Octopus Ventures has led a AUD 14.5m (USD 9.4m) round for Australia-based customer retention platform Pendula.
BlackRock will manage a climate fund launched alongside the New Zealand government with a target of NZD 2bn (USD 1.2bn). It will focus on renewable energy.
Side Stage Ventures, an Australian early-stage investor set up last year, has reached a first close of AUD 15m (USD 9.8m) on its debut fund. The target is AUD 30m.
TPG Capital has agreed to acquire Australia-listed Invocare for an enterprise valuation of AUD 2.2bn (USD 1.4bn), ending a five-month pursuit of the provider of funeral services and operator of memorial parks and crematoria.
Advent International has agreed to acquire a controlling interest in Australia-headquartered fashion brand Zimmerman, facilitating a partial exit for Italy-based private equity firm Style Capital.
Bain Capital has won board approval to acquire Australia-listed aged care provider Estia Health through a scheme of implementation that gives the business an enterprise value of approximately AUD 959m (USD 630m).
Australia’s Future Fund has promoted Ben Samild to CIO, filling a vacancy created more than a year ago with the departure of Sue Brake.
L Catterton Asia has sold Australian swimwear brand Seafolly to an unidentified Asian strategic buyer in a deal that values the company at AUD 70m (USD 46m).