Archer Capital
Australia's The Growth Fund expected to disband
The Growth Fund, an Australian mid-market private equity (PE) firm, is expected to manage out its current portfolio and then disband
Australian GPs look to retain spirit of entrepreneurship - AVCJ Forum
The combination of personalities and skillsets that characterised the first generation of Australian private equity is unlikely to be repeated, but GPs are still looking for ways to capture elements of entrepreneurialism even as the industry becomes more...
PAG buys Australia's Craveable Brands from Archer
Australian quick service restaurant chains Oporto, Red Rooster and Chicken Treat have their third consecutive private equity owner after PAG Asia Capital bought the business from Archer Capital.
Australia’s Archer targets $208m for sixth fund
Australian GP Archer Capital has revived its plans to raise a sixth fund and set a target of A$300 million ($208 million), more than a year after halting the process amid the planned departure of Peter Wiggs, the firm’s founding partner and CEO.
PE holding periods: The optics of exits
Should you take a 3x return today or wait for a potentially larger exit next year? For GPs, this decision is complicated by fears of a downturn, the timing of future fundraises, and conflicting LP feedback
Australia's Archer abandons plans for new fund
Archer Capital, one of Australia’s largest private equity players, has abandoned plans to raise a sixth fund, with founding partner and CEO Peter Wiggs (pictured) set to retire from the firm.
Archer sells Australia's Aerocare to Swissport
Archer Capital has agreed to sell Aerocare, an Australia-based aviation ground handling operator it bought from Next Capital in 2014, to global market leader Swissport for an undisclosed sum.
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
Portfolio: Archer Capital and Australia's Allity
During its ownership of Allity, Archer Capital has focused on putting the aged care company a cut above the competition. Now the GP believes its premium care bet is poised to pay off
Industry players warn of conflicts in evolving GP-LP relationship - AVCJ Forum
Institutional investors globally are looking to reduce the number of GPs in their portfolios with a view to writing bigger checks for – and having deeper relationships with – a smaller number of managers, but this lack of diversification in the LP...
New GPs will not shake Australia PE market dynamic - AVCJ Forum
The Australian private equity market has seen the emergence of a number of new GPs – including several spin-outs – but incumbent managers told the AVCJ Australia & New Zealand Forum that they do not expect much change in the competitive landscape.
Australia aged care: The golden years
Australia’s aged care segment continues to appeal to private equity investors. But GPs must be wary of the challenges posed by the government’s unique stake in the market
The Growth Fund set for part-exit in Motorcycle Holdings IPO
Archer Growth – which is now known as The Growth Fund – is on course to make a partial exit from MotorCycle Holdings, with the Australian motorcycle dealership operator targeting a A$46.3 million ($36 million) IPO.
Australia services: Roll-up rapport
As Australia rebalances its economy in the wake of the commodities downturn, services are coming to the fore. Private equity investors continue to see consolidation opportunities
Q&A: Archer Capital's Peter Wiggs
Peter Wiggs, CEO of Archer Capital, on why the IPO slowdown has helped PE deal flow, the attractiveness of education and healthcare, and recently spun-out Archer Growth
Australia's Archer agrees Healthe Care sale to China-based Luye
Archer Capital has agreed to sell Healthe Care, Australia’s third-largest private hospital group, to China-based Luye Medical Group, for $688 million. CITIC Private Equity is a shareholder in the company’s Hong Kong-listed affiliate, Luye Pharma.
Archer Capital backs New Zealand education business
Archer Capital has created an education business in New Zealand following the acquisition of five privately-owned vocational education and training institutions.
Archer buys Dun & Bradstreet's Australasia credit-checking unit
Archer Capital has agreed to buy Dun & Bradstreet’s (D&B) Australia and New Zealand-based credit data business for A$220 million ($170 million).
Australia’s Archer Capital cuts size of fund
Australian GP Archer Capital has cut the size of its fifth fund – which reached a final close of A$1.5 billion ($1.2 billion) in late 2011 – by returning A$300 million in commitments to LPs.
NZ regulator targets Archer consortium over aborted Abano deal
A consortium of investors including Archer Capital is subject to a civil action launched by New Zealand’s Financial Markets Authority (FMA) over an unsuccessful bid for Abano Healthcare Group.
Archer seeks Asian partner to boost Brownes Dairy – report
Archer Capital is said to be seeking an Asian partner to invest in Brownes Dairy and help the milk producer market its products overseas, particularly in China.
Australia buyouts: Patience is a virtue
Due to a combination of factors, not least the revival in Australia’s public markets, mid-market private equity deal flow was slower in 2013 than previous years. GPs are waiting for conditions to become more opportune
Archer consortium scraps bid for NZ's Abano Healthcare
A consortium of investors including Archer Capital has scrapped its bid for New Zealand's Abano Healthcare Group. The group, which also featured Healthcare Industry Limited (HIL) and Steamboat Capital, cited a downgrade in the company's forecast profit...
Archer Capital revives interest in NZ's Abano Healthcare
Archer Capital obtained a five-month standstill agreement with shareholders of New Zealand's Abano Healthcare, potentially allowing time for a new takeover bid to come together after its latest effort was rejected earlier this week.