Australia’s Quadrant Private Equity is set to make a first exit from its growth fund with online beauty retailer Adore Beauty announcing plans for a A$269.3 million ($192 million) IPO.
Having increased its Series A round to $30.5 million, Neuron Mobility is ramping up expansion of its e-scooter rental services, with Australia and New Zealand the immediate priorities
Australia’s 99Designs, a global graphic design marketplace, has been acquired by Ireland-based Cimpress, the owner of marketing services firm Vistaprint. It sets up at least one VC exit.
Australian international payments technology provider Airwallex has raised an additional $40 million in Series D funding from existing investors, bringing the round to $200 million.
The fourth investment from Pacific Equity Partners’ secure assets fund, Zenith Energy is expected to serve as a platform for expansion in the Australian remote power industry
Australia’s AMP Capital has doubled down on its Asia Pacific infrastructure debt strategy with the creation of a dedicated team based across Sydney and Singapore.
Pet ownership is no longer a hobby – it’s an emotional market in the same vein as mother-and-baby. Pioneer Capital knows that grain-based kibble will not do
PAG Asia Capital is in exclusive negotiations over a A$150 million ($109 million) investment in Regional Express Holdings (Rex), an Australian airline that emerged following the collapse of Ansett Airlines.
Navis Capital Partners' 3.5x return on Australian educational resources supplier reflects how the business proved resilient in the face of COVID-19, but the pandemic still played havoc with the exit process
Increased standardization on disclosure has improved the visibility LPs have into how private equity firms are using subscription credit lines, but they must be mindful of attempts to loosen terms.
BGH Capital has invested an undisclosed sum in TripADeal, an online travel agent that caters to the Australia and New Zealand markets.
Australia’s Pacific Equity Partners (PEP) has agreed to acquire 100% of Sydney-listed enterprise software and IT services provider Citadel for A$503 million ($367.5 million).
Australia's IFM Investors has a plan to get long-term equity partners more involved in public-private partnerships. It means persuading superannuation funds to up their risk appetite
Navis Capital Partners has sold Australian educational resources provider Modern Star to local private equity firm Pacific Equity Partners (PEP) at an enterprise valuation of about A$600 million ($433 million).
Australia’s Blackbird Ventures has launched a NZ$60 million ($40 million) New Zealand-dedicated fund with a cornerstone investment of NZ$21.5 million from the government.
Future Fund has posted its first yearly negative return since the global financial crisis, amid economic chaos caused by COVID-19, and rebalanced its private equity portfolio as part of efforts to avoid “excessive risk.”
Australia's Adamantem Capital launched its second fund shortly before COVID-19 began to escalate, but the first close still features sizeable commitments from new investors that were unable to perform due diligence in-person
Australian financial advisory, investment management and superannuation provider IOOF Holdings has agreed to acquire MLC, the wealth management arm of National Australia Bank (NAB), for A$1.44 billon ($1.03 billion).
BGH Capital and Ontario Teachers’ Pension Plan (OTPP), which recently terminated an acquisition of New Zealand dentistry chain Abano, have renewed their bid at a lower price.
Distress-focused investors warned that persistent economic uncertainty is making it difficult to act on opportunities even as companies run into trouble because of the coronavirus pandemic.
US-based VCs General Catalyst and OpenView have provided A$28 million ($20 million) in Series A funding to Australian enterprise software player Buildkite at a valuation of about $144 million.
New Zealand PE firm Direct Capital and the government’s Accident Compensation Corporation (ACC) have taken a combined 50% stake in local logistics operator Mondiale for an undisclosed sum.
Early-stage innovators across the region are leveraging both enterprise and consumer-facing models to address sustainability challenges with one eye on rapid commercialization
Australia’s Quadrant Private Equity has acquired a controlling stake in Quad Lock, a local smart phone accessories maker focused on device mounts for bikes and cars.