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Australia

Greenstone acquires 20% stake in Australia's Metro Mining

Commodities-focused private equity firm Greenstone Resources has paid A$8.9 million ($6.7 million) for about a 20% stake in Australian coal and bauxite project developer Metro Mining.

  • Australasia
  • 12 July 2016
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.

  • Australasia
  • 11 July 2016
Farallon raises $1.1b for Asia, Latin America special situations fund

Farallon Capital Management has closed its third special situations fund focused on Asia and Latin America at $1.1 billion.

  • Fundraising
  • 08 July 2016
Australia's Alchemy Ventures launches $150m fund

Australian venture capital firm Alchemy Ventures has launched a A$200 million ($150.3 million) fund that will focus largely on regional start-ups specializing in electric vehicle (EV) batteries.

  • Australasia
  • 07 July 2016
Yorkway invests in Australia's One Investment

Yorkway Capital Partners has entered a strategic partnership with Australian corporate fiduciary services provider One Investment Group and has made an investment in the company.

  • Australasia
  • 07 July 2016
Oaktree exits Australia's AMG to strategic player

Oaktree Capital Management has sold Australian media platform and content provider Active Media Group (AMG) to outdoor advertising business Val Morgan Outdoor (VMO) for an undisclosed amount.

  • Australasia
  • 06 July 2016
Gobi leads $3m round for Australia's Airwallex

Gobi Partners has led a A$5 million ($3 million) round of funding for Australia-based digital payment services developer Airwallex.

  • Australasia
  • 06 July 2016
Australia's Telstra buys Blue Sky-backed Readify

Telstra has acquired Blue Sky Private Equity’s majority stake in Australian IT services company Readify.

  • Australasia
  • 05 July 2016
OTPP-owned Nextgen sells network assets in Australia

Nextgen Group, the Australian telecommunication network owned by Ontario Teachers' Pension Plan (OTPP) and CIMIC Group, has agreed to sell some of its assets to Vocus Communications.

  • Australasia
  • 30 June 2016
OneVentures backs Australia's Employment Hero

OneVentures has led a A$3 million ($2.2 million) Series A round of funding for Australian online human resources services start-up Employment Hero.

  • Australasia
  • 29 June 2016
Cartesian Capital backs Australia's White Rock Minerals

US-based private equity firm Cartesian Capital has committed $20 million in project development financing to Australian mining company White Rock Minerals.

  • Australasia
  • 28 June 2016
CHAMP's Wardman-Browne joins IFM private capital team

Australia’s IFM Investors is aiming to enhance its PE business with the appointment of former CHAMP Ventures co-head Stuart Wardman-Browne as executive director of the investment group’s private capital team.

  • Australasia
  • 22 June 2016
KKR exits French energy firm to Australia's First State

KKR has sold its stake in French district heating provider Coriance to First State Investments, the asset management division of the Commonwealth Bank of Australia.

  • Europe
  • 21 June 2016
AVCAL calls for reforms ahead of Australian election

The Australian Private Equity & Venture Capital Association (AVCAL) is urging major political parties to do more to help scale up domestic companies ahead of a federal election next month.

  • Australasia
  • 21 June 2016
Carlyle appoints new Australia, New Zealand buyout head - update

The Carlyle Group has promoted David Bluff to managing director and head of its buyout team in Australia and New Zealand. He was previously a director with the firm.

  • Australasia
  • 16 June 2016
Resource Capital Funds to buy Australia's Ausenco

Resource Capital Funds has agreed to buy Ausenco, an Australia-listed mining services business struggling as a result of the commodities downturn, at an enterprise value of A$153.7 million ($113.3 million).

  • Australasia
  • 15 June 2016
Australia's Starfish in $17.5m China push for US marketing company

Australian VC firm Starfish Ventures has joined a $17.5 million round for Aktana, a US and Japan-based marketing services provider looking to consolidate its Asian footprint.

  • Healthcare
  • 13 June 2016
Australia's Laguna Bay reaches $208m first close on agri fund

Australian agriculture fund manager Laguna Bay Pastoral Company has reached a first close of A$280 million ($208.5 million) on its second investment vehicle for institutional investors.

  • Australasia
  • 08 June 2016
PE-backed Jones the Grocer folds in Australia again

The Australian operation of Jones the Grocer, a gourmet food retailer backed by L Capital Asia, has entered voluntary administration for the second time in two years.

  • Australasia
  • 06 June 2016
PEP agrees buyout of Australia's Patties

Pacific Equity Partners (PEP) has made a formal offer to buy Australian snack maker Patties Foods for A$230 million ($166 million).

  • Australasia
  • 03 June 2016
Australia's ALS rejects Advent, Bain buyout offer

Australian testing services company ALS has rejected a buyout offer from Advent International and Bain Capital that valued the company at about A$2.7 billion ($1.9 billion).

  • Australasia
  • 03 June 2016
Australia's CapitalPitch launches $7m early-stage fund

Australia-based start-up networking platform CapitalPitch has launched a fund focused on early stage investments, with a target size of at least A$10 million ($7.3 million).

  • Australasia
  • 01 June 2016
Deal focus: Securing a nation's digital vaults

Data Republic has attracted Series A funding from some of Australia’s biggest companies, with a notable showing by the major banks demonstrating a growing focus on data security investment in the financial sector

  • Australasia
  • 01 June 2016
PEP launches $165m takeover bid for Australia's Patties

Australian GP Pacific Equity Partners (PEP) has launched a bid to buy snack maker Patties Foods in a deal that values the company at A$203 million ($165 million).

  • Australasia
  • 30 May 2016
505152
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