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BGH Capital

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Australia PE spinouts: Into the unknown

Australia has seen plenty of spinouts in recent years, with outcomes ranging from a $2 billion first-time fund to deal-by-deal strategies. Is local LP support essential in getting wider traction?

  • Australasia
  • 26 February 2020
BGH offers $536m for Australia media group

Australian private equity firm BGH Capital has offered to acquire 100% of Village Roadshow in a deal that values the Sydney-listed media group at around A$783 million ($536 million).

  • Australasia
  • 24 January 2020
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Deal focus: BGH taps LP expertise for Australia, NZ dentistry deal

Ontario Teachers' Pension Plan is the sole LP co-investor in BGH Capital's acquisition of Abano Healthcare by virtue of its previous experience with dentistry chain assets

  • Australasia
  • 12 November 2019
Australia's BGH completes cybersecurity roll-up

BGH Capital is looking to bring scale, capital and cross-selling opportunities to the still fragmented cybersecurity space in Australia and New Zealand

  • Australasia
  • 16 October 2019
Australia’s BGH closes in on Navitas buyout

Australian education services provider Navitas has agreed to a A$2.1 billion ($1.5 billion) buyout offer from BGH Capital, AustralianSuper, and Rod Jones, the company’s co-founder and CEO.

  • Australasia
  • 24 March 2019
Australia take-privates: Logical targets

Private equity firms will large pools of capital to deploy are finding plenty of targets among listed - and potentially undervalued - companies in Australia and New Zealand

  • Australasia
  • 04 February 2019
Australia's Healthscope agrees $3.17b Brookfield bid

Australia-listed hospital operator Healthscope has agreed to a take-private offer by Brookfield Asset Management that values the company at A$4.38 billion ($3.17 billion) on an equity basis, rejecting a competing offer from a consortium led by BGH Capital.

  • Australasia
  • 02 February 2019
Australia's BGH wins board approval for Navitas deal

BGH Capital is close to announcing its first deal after a revised offer of A$2.1 billion ($1.5 billion) for Australian education services provider Navitas won backing from the company’s board.

  • Australasia
  • 16 January 2019
Brookfield nears $3.16b bid for Australia's Healthscope

Brookfield Asset Management expects to proceed with a A$4.49 billion ($3.16 billion) take-private offer for Australia-listed hospital operator Healthscope, although BGH Capital – which began its pursuit of the company eight months ago – has indicated...

  • Australasia
  • 25 December 2018
Australia take-privates: Super show

AustralianSuper is supporting BGH Capital - a portfolio GP - on privatization bids for two companies in which the superannuation fund is an investor. Is this a new model for GP-LP partnerships in Australia?

  • Australasia
  • 02 November 2018
BGH resumes its pursuit of Australia's Healthscope

A group of private equity investors led by BGH Capital has renewed its approximately $4.1 billion ($2.9 billion) bid for Australia-listed hospital operator Healthscope. A similar offer was rejected earlier this year.

  • Australasia
  • 26 October 2018
BGH consortium bids $1.4b for Australia's Navitas

BGH Capital has made a A$1.97 ($1.4 billion) bid for Australian education services provider Navitas in conjunction with AustralianSuper and Rod Jones, the company’s co-founder and CEO.

  • Australasia
  • 10 October 2018
BGH hires Blackstone Australia executive

BGH, the Australia and New Zealand-focused private equity firm set up by former TPG Capital Asia co-head Ben Gray, has hired Jonathan Chamberlain, a managing director at The Blackstone Group, as a partner.

  • Australasia
  • 03 August 2018
2Q analysis: Flipping out

Flipkart sets the tone as strategics deliver tech trade sale exits; Chinese internet players and healthcare are the trendsetters in investment; buyouts, venture stand out in Asia fundraising

  • Fundraising
  • 12 July 2018
San Francisco pension fund backs China's SBCVC - update

San Francisco City & County Employees’ Retirement System has committed $25 million to SBCVC’s sixth China fund, which has a target of $500 million. The GP closed its previous VC vehicle at $459 million in 2016.

  • Greater China
  • 24 May 2018
Australia's Healthscope rejects PE takeover bids

Australian hospital operator Healthscope has rejected buyout offers from Brookfield Asset Management and a consortium led by BGH Capital that valued the company at A$4.4 billion ($3.3 billion) and A$4.1 billion, respectively.

  • Australasia
  • 23 May 2018
Brookfield enters the fray for Australia’s Healthscope

Brookfield Asset Management has submitted a A$4.35 billion ($3.3 billion) bid for Australian hospital operator Healthscope, trumping an offer made last month by a BGH Capital-led consortium.

  • Australasia
  • 15 May 2018
Australia's BGH closes debut fund at $2b hard cap

BGH Capital, the Australia and New Zealand-focused private equity firm set up by Ben Gray (pictured), formerly co-head of TPG Capital in Asia, has closed its debut fund at the hard cap of around A$2.6 billion ($2 billion).

  • Australasia
  • 11 May 2018
BGH-led group makes $3.1b bid for Australia's Healthscope

A group of PE investors led by BGH Capital and including AustralianSuper, GIC Private, Ontario Teachers’ Pension Plan (OTPP) and Canada Pension Plan Investment Board (CPPIB) has launched a buyout offer for Australian hospital operator Healthscope that...

  • Australasia
  • 26 April 2018
BGH sets $2b hard cap for debut Australia fund

BGH Capital, the Australia and New Zealand-focused private equity firm set up by Ben Gray, formerly co-head of TPG Capital in Asia, has set a hard cap of A$2.5 billion ($2 billion) for its debut fund.

  • Australasia
  • 22 January 2018
Ex-TPG Asia head Ben Gray launches debut fund

BGH Capital, the Australia and New Zealand-focused private equity firm set up by Ben Gray (pictured), formerly co-head of TPG Capital in Asia, has launched its debut fund with a target of A$2 billion ($1.6 billion).

  • Australasia
  • 25 September 2017
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