CHAMP Private Equity

MVision opens Australia office

Placement agent MVision has opened a new office in Sydney, Australia. The move will allow MVision, which currently has a number of investment manager clients in Australia, to expand its reach into the Asia Pacific private equity market.

CHAMP-backed Shelf Drilling completes $1b acquisition

Shelf Drilling, the Dubai-based shallow water drilling services company backed by Australia’s CHAMP Private Equity, its US affiliate Castle Harlan, and Lime Rock Partners, has completed the acquisition of assets worth $1.05 billion. The PE investment,...

Asia buyouts: The privatization play

Take-private transactions have created headlines in a climate of low public market valuations. Companies are being targeted in Australia, Japan and the US, but a bid doesn’t necessarily result in a deal

CHAMP-backed oOh!Media targets more acquisitions

Australia’s outdoor advertising industry looks set for further consolidation as CHAMP Private Equity said portfolio company oOh!media is still on the acquisition trail after agreeing to buy Ten Network’s Eye Corp.

CHAMP PE sells off Blue Star’s Australian operation

CHAMP Private Equity is said to have exited the Australian arm of printing and communications company Blue Star Group to a consortium including Wolseley Private Equity and CaxtonWeb. Blue Star’s New Zealand operations area also expected to be sold off.

Ten Network, CHAMP Private Equity agree Eye Corp sale

CHAMP Private Equity’s portfolio company oOh!media has agreed to pay A$113 million ($117 million) for Eye Corp, Ten Network Holdings’ outdoor advertising business. Last week it downsized its original offer of A$145 million to A$110 million.

CHAMP PE completes lighting take-private

Take-private deals are a challenge in Australia. Conflict creates headlines, but the country appears to see its fair share of majority shareholders falling out with prospective private equity investors despite the fact that share prices have turned against...

CHAMP PE completes Gerard Lighting take-private

CHAMP Private Equity has completed the A$186 million ($192 million) buyout of Australian light fittings distributor Gerard Lighting Group. The company will de-list from the Australian Stock Exchange at the close of today’s trading, just over two years...

Champ PE makes lower offer for Eye Corp

CHAMP Private Equity’s portfolio company oOh!media has made a revised offer of A$110 million ($114 million) for Eye Corp, Ten Network Holdings’ outdoor advertising business.

CHAMP PE-backed oOh!media walks away from Eye Corp buyout

CHAMP Private Equity’s oOh!media portfolio company has decided not to proceed with its buyout of Eye Corp, Ten Network Holdings’ outdoor advertising business. This comes despite Ten’s denial earlier this week that the acquisition price would be...

Ten Network denies concerns over Eye sale to CHAMP

Ten Network has denied reports that proceeds from the sale of its Eye Corp subsidiary to CHAMP Private Equity’s oOh!media will be lower than expected due to concerns about the outdoor advertising business’ financial performance.

CHAMP makes first Southeast Asia forays

CHAMP Private Equity’s engagement with the wider Asian market began 15 years ago, before Australian Mezzanine Partners partnered with US-based Castle Harland to create the PE firm as it exists today.

VIDEO: CHAMP Private Equity's John Haddock

The rise of Asian strategic buyers is creating a new exit channel for Australian private equity firms, according to John Haddock, managing director at CHAMP Private Equity. The GP has direct exposure to this trend, having exited Manassen Foods to China’s...

Why Australian take-privates are taking off

A renewal of interest in Billabong International from TPG Capital always seemed likely. When the PE firm first came calling in February with a A$3 per share buyout offer, Billabong’s management refused to budge from its valuation of $4 per share. The...

CHAMP PE seeks exit from New Zealand’s Blue Star

CHAMP Private Equity-owned Blue Star has suspended trading on the New Zealand Stock Exchange in anticipation of an announcement that the business is up for sale. It comes after the struggling communications company said in June that it had won the support...

CHAMP Private Equity’s oOh!media to buy Eye Corp

CHAMP Private Equity’s oOh!media has agreed to buy Eye Corp, Ten Network Holdings’ outdoor advertising business. The deal values Eye at up to A$145 million, of which A$120 million will be paid in cash on completion, with the remainder due in three...

CHAMP in $192m take-private bid for Gerard Lighting

CHAMP Private Equity has launched a A$186 million ($192 million) takeover bid for Australian light fittings distributor Gerard Lighting Group. The bid has won unanimous approval from Gerard’s board and the Gerard family, which has a 52% stake, has said...