Australia
Deal focus: Partners Group brings global expertise to Australian childcare
Partners Group lost out to Navis Capital Partners when Guardian Early Learning was put up for sale three years ago. The firm wasn't going to let the opportunity slip from its grasp a second time
Australia's Asciano accepts $6.3b Qube-led takeover bid
The board of Australian rail freight and cargo port operator Asciano has accepted an A$8.8 billion ($6.3 billion) takeover bid by a Qube Holdings-led consortium that includes Canada Pension Plan Investment Board (CPPIB) and China Investment Corporation...
TPG, Carlyle acquire stake in Greencross, see buyout offer rejected
TPG Capital and The Carlyle Group have jointly acquired a 15.42% voting interest in Australia’s Greencross, although a buyout offer for the listed pet services business was rejected over the weekend.
Australian senate committee to investigate Dick Smith demise
An Australian parliamentary committee will launch an inquiry into the collapse of listed domestic retailers following the demise of Dick Smith Electronics, which was previously owned by Anchorage Capital Partners.
Navis sells Guardian Early Learning to Partners Group
Partners Group has bought a controlling stake in Australian early childhood education provider Guardian Early Learning Group from Navis Capital Partners at a post-deal valuation of A$440 million ($313 million)
Australia's Future Fund trims PE exposure
Australia’s Future Fund has lowered its private equity allocation slightly and boosted its cash holdings, reflecting concerns over increased risk due to changes in lending and public policy across markets.
Australia's Greencross rebuffs TPG buyout offer
Australia-based pet services business Greencross has confirmed it received and rejected a buyout offer from TPG Capital worth around A$720 million ($507 million).
JC Flowers to buy Chi-X's Asia trading platforms
J.C. Flowers has agreed to buy the Australia and Japan businesses of Chi-X Global Holdings, an alternative equity trading platform that competes with primary exchanges, as well as the company’s Hong Kong-based technology services unit.
Anchorage speaks out on Dick Smith investment
Anchorage Capital Partners has spoken out for the first time about the demise of its former portfolio company, Dick Smith Electronics, for which the Australian GP has attracted much criticism.
Australia IPOs: Crisis of confidence?
The demise of Dick Smith Electronics has prompted criticisms of Anchorage Capital Partners' handling of the business and left investors questioning the quality of PE-backed IPOs in Australia
Deal focus: Macpac aims to scale new heights
CHAMP Ventures acquires New Zealand outdoor apparel and equipment supplier Macpac with a view to replicating the success it has enjoyed with Lorna Jane
CHAMP Ventures to buy New Zealand's Macpac
CHAMP Ventures has agreed to take a significant majority stake in Macpac Group, a New Zealand-based outdoor apparel and equipment supplier.
Actor Hugh Jackman invests in L Capital-owned RM Williams
Australian actor Hugh Jackman has invested in bootmaker R.M. Williams, alongside majority shareholder L Capital Asia.
Fund focus: Plugging the innovation gap
First State Super teams up with local VC player H2 Ventures to back Australia financial technology start-ups
Accel-backed Atlassian raises $462m in US IPO
Atlassian, an enterprise software company founded in Sydney by two Australian entrepreneurs, has raised $462 million in its NASDAQ IPO after raising the price of the offering once again.
Australia's Blue Sky targets $144m VC fundraise
Blue Sky Venture Capital, a division of Australia-based Blue Sky Alternative Investments, will raise a A$200 million ($144 million) fund focused on later-stage local start-ups.
Paine & Partners buys Australia's AgBiTech
Paine & Partners, which focuses on the global food and agribusiness industry, has acquired a majority stake in AgBiTech, an Australia-based producer of biological insecticides for crops.
Australia's First State Super to invest in fintech start-ups
First State Super has teamed up with VC firm H2 Ventures to support financial technology start-ups. The Australian superannuation fund expects to deploy around A$250 million ($182 million) in technology innovation.
AVCJ Awards 2015: Exit of the Year - Large Cap: Spotless Group
Pacific Equity Partners took about 12 months to reel in cleaning and catering contractor Spotless, but swift improvements resulted in a 2.4x return within the two years
Australia infrastructure: Size matters
Infrastructure privatizations in Australia are commanding ever higher price tags by virtue of their perceived quality and relative rarity. It is increasingly difficult for smaller investors to compete
Australian government unveils incentives for start-ups
The Australian government has introduced a range of measures to boost local innovation and entrepreneurship.
Australia's Atlassian upsizes US IPO
Atlassian, an enterprise software company founded in Sydney by two Australian entrepreneurs, has increased the size of its NASDAQ IPO to as much as $440 million.
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.
Australia's Tyro Payments receives $72m in funding
Tiger Global Management, TDM Asset Management and Mike Cannon-Brookes, co-founder of Atlassian, have provided A$100 million ($72 million) in funding for Tyro Payments, an Australian financial technology company with aspirations of becoming a bank.