Advent Private Capital
Succession planning: Ending an era
Succession planning is quickly becoming a strategic priority across Asia Pacific. In Australia, GPs are looking into a number of different ways to make it work
Advent makes two investments in Australia
Australia’s Advent Private Capital has made investments in two separate domestic social services companies on the back of two exits.
Advent supports Australia radiology merger
Advent Private Capital has created the fourth-largest radiology group in Australia by bringing together two independent diagnostics businesses, Lake Imaging and South Coast Radiology.
Australia’s Advent raises $184m for Fund VI
Australian GP Advent Private Capital has reached a final close of approximately A$200 million ($184 million) on its sixth fund. The corpus is smaller than Fund V, which raised A$300 million in 2006, but the new fund will rely on co-investment from LPs...
Australia’s Advent hires ex-PwC man as investment manager
Advent Private Capital, a mid-market Australian private equity firm, has hired Rob Hooke as an investment manager. He was most recently CFO and COO at coffee machines supplier MAP Coffee and before that spent five years at PricewaterhouseCoopers (PwC).
Going walkabout: Australian outbound investment
Taking portfolio companies from Australia into Asia represents a major opportunity for private equity. Pan-regional funds see it as a key part of their strategy, but can domestic players join the party?
Advent generates 2.5x on rationalization play
Locker Group Holdings, an Australian metal products manufacturer recently exited by Advent Private Capital to US-based Valmont, is an example of post-global financial crisis rationalization.
Australia’s Advent sees 2.5x return on Locker investment
Advent Private Capital has sold metal products manufacturer Locker Group Holdings to US-based Valmont Industries, generating a 2.5x money multiple on its investment. According to AVCJ Research, the Australian GP acquired an 80% stake in Locker just over...
Advent Private secures GenesisCare exit through KKR buyout
KKR’s recent buyout of Australian healthcare firm GenesisCare secured an exit for mid-market investor Advent Private Capital. The domestic GP described the exit, which comes after a holding period of just three years, as “highly successful.”
VIDEO: Advent Private Capital's Rupert Harrington
Western Australia is the country's fourth-largest state by population but the richest by natural resources and this has seen it emerge as the primary source of economic growth. This shift in momentum from east coast to west – coupled with the cyclical...
Advent makes first close of Advent 6 fund
Australia and New Zealand-focused Advent Private Capital has held the first close of its Advent 6 fund, and has confirmed commitments of nearly A$100 million ($102.3 million).
Advent sees 6x returns from local exit
Advent Private Capital, a Melbourne-based mid-market private equity group, has sold investee, electric payment service provider Securepay Holdings, to the Australia Post, confirming more than 6x return on its original investment.
Advent ups investment in IPG
Advent Private Capital, a Melbourne-based mid market private equity group, has increased its original investment in Integrated Packaging Group (IPG), a packing specialty company in Australia, to $50 million. Advent already had a controlling stake, but...
Advent ups investment in Australia’s IPG
Advent Private Capital, a Melbourne-based mid-market private equity group, has increased its capital investment in Australian specialty packaging company Integrated Packing Group (IPG) to $50 million.
Advent exits SCADAgroup to Schneider
Australian mid-market private equity firm Advent Private Capital has announced the exit of its investment in waste and water systems integration business SCADAgroup to Schneider Electric, for around A$200 million ($185 million).