Australian private equity firm Liverpool Partners has acquired a majority stake in Seven Miles Coffee Roasters, a branded coffee supplier to the local cafe segment.
China-focused private equity firm FountainVest Partners has agreed to buy Ziwi, New Zealand’s leading exporter of pet food.
Australian design and workplace collaboration platform Canva has raised $200 million at a valuation of $40 billion - up from $15 billion five months ago and $3.2 billion in 2019.
Australia-based hotel booking platform has raised a A$100 million ($73 million) pre-IPO round led by BlackRock and AustralianSuper.
EQT-owned Nexon Asia Pacific, an Australia-based IT services provider, has acquired local counterpart Veridian Solutions for an undisclosed sum. This is its third bolt-on in as many months.
The swelling bank balances of Australia’s high net worth individuals and family offices are an attractive target for private equity. Access is becoming increasingly formalized across the spectrum
CVC Capital Partners is returning to the Australia market with the recruitment of Brett Sutton, formerly of Affinity Equity Partners, as country chair.
New Zealand venture capital firm Movac has led a $31 million Series B round for Australian insurance technology provider Open.
Quadrant Private Equity has closed its second Australia and New Zealand-focused growth capital fund with A$530 million ($390 million) in commitments.
Abano Healthcare, a New Zealand dentistry chain owned by BGH Capital and Ontario Teachers’ Pension Plan (OTPP), has agreed to acquire Australian peer 1300 Smiles for an enterprise valuation of A$165 million ($120 million).
KKR, Ontario Teachers’ Pension Plan (OTPP), PSP Investments have agreed to buy Australia-listed Spark Infrastructure, which has extensive interests in electricity transmission and distribution, for an enterprise valuation of A$10.1 billion ($7.2 billion).
Blackbird Ventures has led a $25 million Series B funding round for Forage, an Australia-founded but now US-based provider of virtual training courses aimed at students.
Quadrant Private Equity has acquired Australian women’s sleepwear brand Papinelle for an undisclosed sum with plans for international expansion.
Banks across Asia are leveraging their capital and domain expertise to stay ahead of the curve on financial technology. Each aspect of the corporate VC ecosystem engages with start-ups in different ways
Hong Kong-headquartered Airwallex has grown from nothing to a $2.6 billion valuation in the space of six years. Co-founder and CEO Jack Zhang details his plans to build a global financial technology stack
Australian lower middle-market private equity firm Advent Partners has agreed to take a majority stake in Melbourne-based virtual reality gaming company Zero Latency VR.
Australian vegetarian meat brand V2Food has raised A$72 million ($53 million) in a Series B extension featuring Belgium-based impact investor Astanor Ventures.
Affinity Equity Partners has agreed to sell MedicalDirector, an Australia-based clinic management software developer, to Telstra Health for an enterprise valuation of A$350 million ($257 million).
Accel-KKR, a PE firm created by Accel Partners and KKR, has acquired a majority stake in New Zealand’s Unimarket, a diversified procurement marketplace, for an undisclosed sum.
Iress, an Australia-listed software developer that serves the financial services sector, has invited EQT to conduct further due diligence following receipt of a take-private offer worth up to A$3 billion ($2.2 billion).
Navis Capital Partners has closed its eighth regional fund at $900 million, while also securing $450 million for a continuation vehicle that features five companies from its sixth fund.
Culture Amp, an Australia-headquartered enterprise technology provider specializing in human resources (HR), has $100 million in Series F funding at a valuation of $1.5 billion.
Australia’s Go1 gains traction with a B2B approach to a rapidly expanding human resources and workforce management software industry. SoftBank Vision Fund 2 is among the believers
Best & Less Group (BLG), an Australian baby, kids and womenswear retailer, has raised A$60 million ($44 million) through a domestic IPO, facilitating a partial exit for majority owner Allegro Funds Group.