Australia
MDI leads $10m round for Australia's Whispir
MDI Ventures, the corporate VC arm of state-controlled telecommunications firm Telkom Indonesia, has led a $10 million funding round for Australian communications platform Whispir.
Australia's Future Fund creates chief technology officer role
Australia’s Future Fund plans to hire a chief technology officer (CTO), part of whose remit will be to work with the investment team to develop technology solutions that support investment decision-making.
Australia's Blue Sky raises $78m
Australia-listed private equity firm Blue Sky Alternative Investments has raised A$100 million ($78 million) through the sale of new shares.
LPs open-minded on multi-product managers - AVCJ Forum
The perception that private equity firms introducing additional strategies will boost their fee income but at the expense of overall returns is unfounded, provided expansion is conducted thoughtfully and alignment of interest is maintained.
TA Associates completes exit from Australia's SpeedCast
TA Associates has made a full exit from SpeedCast, the satellite telecommunications provider it acquired in 2012 and listed in Australia two years later.
Future Fund seeks Australia venture capital exposure
Australia’s Future Fund is close to making its first commitment to a local venture capital manager as part of ongoing efforts to take advantage of technological disruption in the global economy.
Cerberus buys Bluestone's Australasia operations
Cerberus Capital Management has agreed to acquire the Australasian division of international financial services company Bluestone Group in an all-cash transaction. It will facilitate an exit for a PE unit of Lloyds Bank.
NAB Ventures backs $7m round for Australia's BrickX
NAB Ventures, a unit of National Australia Bank (NAB), has joined a A$9 million ($7 million) Series A funding round for BrickX, a domestic financial technology start-up focused on the real estate sector.
Australia's Foundry invests in Welleco
The Foundry, a private equity firm launched by executives from vitamin producer Swisse Wellness, has acquired a 25% stake in Welleco, a dietary supplement maker co-founded by supermodel Elle Macpherson (pictured).
CHAMP Ventures-owned Macpac set for $107m trade sale
Australia-listed Super Retail Group has agreed to buy 100% of Macpac, a New Zealand-headquartered outdoor apparel and equipment supplier owned by CHAMP Ventures, for NZ$144 million ($107 million).
Australia's IFM: The customized approach
IFM Investors has moved from fund-of-funds through co-investment to a direct approach designed to meet its superannuation fund clients’ concerns about access, cost, and transparency. Is it working?
Specialization: Buying better
Should the next-generation Australian private equity firm be doing more to differentiate itself from the competition - in the eyes of potential investees as well as investors?
Australia distress: The luxury of time
Two pieces of legislation – one enacted and the other pending – are expected to facilitate corporate restructuring in Australia. It remains to be seen how turnaround investors take advantage of this
Australia's PEP launches secure assets fund
Pacific Equity Partners (PEP) has launched an Australia and New Zealand-focused secure assets fund intended to invest in companies that generate annuity income but also offer opportunities for traditional private equity-style operational improvement....
Q&A: Pacific Equity Partners' Tim Sims
Tim Sims, co-founder and managing director of Pacific Equity Partners, discusses competition in Australian private equity, approaches to co-investment, succession planning, and his firm’s secure assets fund
Australia consumer: Attitude adjustment
Demographic shifts are prompting Australian GPs to reevaluate domestic consumer plays with an eye toward processes rather than goods. Overseas markets are an increasingly important part of the equation
Thoma Bravo to buy Australian software player Nintex
Nintex, a workflow management software provider founded in Australia but now with a global footprint, has agreed to sell a majority stake to US-based middle market GP Thoma Bravo.
NAB Ventures backs $4.6m round for Australia's ActivePipe
NAB Ventures, a unit of National Australia Bank (NAB), has invested A$5.9 million ($4.6 million) in ActivePipe, a Melbourne-based software supplier for the real estate industry.
Allergan to acquire Australia's VC-backed Elastagen
Allergan, a US-listed pharmaceutical company and the owner of Botox cosmetic injectable products, has agreed to acquire Elastagen, an Australian skin treatment developer backed by a number of VCs, in a deal worth up to $260 million.
PEP to buy Australia's LifeHealthcare
Pacific Equity Partners (PEP) has agreed to buy listed Australian medical devices manufacturer LifeHealthcare for an enterprise valuation of approximately A$211 million ($166 million).
Proterra buys Australia agriculture assets
One Tree Agriculture, an Australia-based agriculture investor owned by Proterra Investment Partners, has purchased three farm properties in New South Wales.
Blackstone bids for Australian auto panel repair business
The Blackstone Group has offered to buy the panel repair business of Australia-listed automotive aftercare services and accessories provider AMA Group for an enterprise valuation of A$530 million ($427 million).
Deal focus: Permira takes the I-Med baton from EQT
Permira's first Australia investment provides EQT Partners with an exit from medical imaging service I-Med Radiology Network
Permira to buy Australia's I-Med from EQT
Permira is set to make its first investment in Australia after reaching an agreement with EQT Partners to acquire I-Med Radiology Network.