Nexon Asia Pacific, an Australian enterprise IT services provider controlled by EQT Partners, has acquired three local IT businesses.
What was just a side business has become a successful one.
Australia’s Quadrant Private Equity has agreed to acquire the enterprise services division of listed IT specialist Arq Group for A$35 million ($23.5 million).
EQT Partners has opened an Australia and New Zealand-focused office in Sydney as part of a broader Asia Pacific expansion agenda.
Booktopia, an Australian online retailer specializing in books, has closed a Series A round of A$20 million ($13.4 million), after 16 years of self-funding.
Australia’s Next Capital has acquired a stake in local supply chain services provider TM Insight as the company executes an Asian expansion.
David Neal, who has spent the last six years as CEO of Australia’s Future Fund, will succeed Brett Himbury as head of IFM Investors.
Private equity firms in Asia are paying more attention to recruitment at the portfolio level, in some cases allocating dedicated in-house resources. How is it impacting attitudes towards leadership change?
Pacific Equity Partners set up Manuka Health for an Asia-focused chapter of growth with a three-year overhaul that contributed significantly to the transformation of an industry
Australia’s Five V Capital has acquired Philippines business process outsourcing (BPO) player Beepo as a portfolio company bolt-on. It is the GP’s second such transaction this month.
Australia-based SiteMinder benefited from being an early mover in the global hotel software space. It has joined a select group of local B2B players endowed with international scale and strong cashflow
Australian private equity firm BGH Capital has offered to acquire 100% of Village Roadshow in a deal that values the Sydney-listed media group at around A$783 million ($536 million).
Brett Sutton, who leads Affinity Equity Partners’ operations in Australia, has resigned from the firm after more than 15 years of service.
BlackRock has made an equity investment in Australia-based hotel booking platform SiteMinder that values the company at about A$1.1 billion ($760 million).
Accel-KKR, a US-based private equity firm created by Accel Partners and KKR, has invested A$28 million ($19.3 million) in Australian workforce management software provider Pegasus.
A consortium backed by mining-focused GP EMR Capital and Singapore’s Golden Energy & Resources has agreed to acquire an Australian gold mine in a deal worth up to A$300 million ($207 million).
Australia’s AMP Capital has closed its latest global infrastructure fund with $3.4 billion in commitments. The target was $3 billion.
Soul Machines, a New Zealand-based company specializing in emotionally responsive artificial intelligence (AI), has raised a $40 million Series B round led by Temasek Holdings.
Pacific Equity Partners (PEP) has submitted a A$761.2 million ($517 million) bid for Village Roadshow, an Australian media company that operates cinemas and theme parks and has interests in film production and distribution.
Anacacia Capital has made an investment of unspecified size in Direct Couriers, a courier and logistics services provider that operates in Australia and New Zealand.
Australia’s Blackbird Ventures has completed a GP-led secondary transaction whereby StepStone Global and HESTA have acquired interests from its debut fund for approximately A$100 million ($69 million).
New Zealand’s Impact Enterprise Fund (IEF) has confirmed an investment in local sustainable packaging supplier Grounded.
CHAMP Private Equity became CPE Capital earlier this year, following a leadership transition. The Australian GP has also refined its middle market investment strategy, emphasizing functional expertise
Australia-based cybersecurity start-up Secure Code Warrior has secured a $47.6 million Series B round led by Goldman Sachs.