Australia
Quadrant seeks partial exit from New Zealand's Summerset
Quadrant Private Equity plans to list Summerset, New Zealand’s third-largest retirement village company, in November but is likely only to exit 30% of its 97% stake in the company following recent market volatility.
Australia portfolio companies: Debt burdens
High profile debt woes among portfolio companies in Australia has put some private equity firms on the defensive – for now
Unitas on course to exit Exego to US-listed Genuine Parts
Exego Group, an Australian auto parts distributor owned by Unitas Capital, has sold a 30% stake in itself to US-listed Genuine Parts Company for around $150 million in cash. The transaction will take the form of a new share issue, with Genuine Parts carrying...
Affinity-backed Colorado Group emerges from receivership
Colorado Group, the Affinity-backed clothing retailer taken into receivership earlier this year, is set to emerge from administration under the name Fusion Retail Brands.
PEP set to approach potential buyers of Griffin's Foods
Pacific Equity Partners (PEP) will approach potential buyers for Griffin’s Foods in the next week or two, setting up a deal that has been valued at up to A$750 million ($735.7 million) including debt.
Australian private equity firms struggle to raise new funds
Australian private equity firms are struggling to raise new funds, with investors demanding lower fees and more information on portfolio companies.