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      The reports review the year's local private equity and venture capital activity and are filled with up-to-date data and intelligence on fundraising, investments, exits and M&A. The regional reports also feature information on key companies.

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Five V Capital

xray-diagnostic-image-radiology-06
Five V backs Australia radioactive drug maker

Australia’s Five V Capital has confirmed an investment of undisclosed size in Cyclotek, a radioactive drug maker positioning itself as part of an industry transition toward personalized medicine.

  • Australasia
  • 06 November 2023
totara
Australia’s Five V exits Totara to trade buyer

Australia’s Five V Capital has sold its majority position in employee management software provider Totara to London-based growth equity investor Tenzing for an undisclosed sum.

  • Australasia
  • 16 October 2023
five-v-new-zealand-nz
Australia's Five V opens New Zealand office

Australia’s Five V Capital, which is active across growth, buyouts, and venture, has launched a New Zealand office and confirmed three hires for the country team.

  • Australasia
  • 04 August 2023
permaconn
Australia's Five V buys security alarm connectivity business

Australia’s Five V Capital has acquired a majority position in Permaconn, a locally based equipment supplier for the security alarm and smart home markets.

  • Australasia
  • 25 July 2023
avcj-230215cvr-72
Weekly digest - February 15 2023

  • Region
  • 15 February 2023
avcj-awards-2022-exit-mid-cap-tim-cooper-christopher-coates-anzhi-cheng
AVCJ Awards 2022: Exit of the Year – Mid Cap: Probe CX

Five V Capital identified an opportunity in Australia-based outsourced business services and brought in Quadrant Private Equity to help scale the concept. A USD 792m exit to KKR was their reward

  • Australasia
  • 13 February 2023
avcj-221123cvr-72
Weekly digest - November 23 2022

  • Region
  • 23 November 2022
Australia's Five V sells GP stake

Australia-based Five V Capital has sold a 25% GP stake to Pinnacle Investment Management Group, a listed multi-affiliate platform investor that has interests in 14 Australian asset managers.

  • Australasia
  • 24 November 2021
Australia's Five V raises $398m for Fund IV

Five V Capital, a growth-oriented investor in Australia and New Zealand, has achieved a first and final close on its fourth fund with more than A$550 million ($398 million) in commitments.

  • Australasia
  • 23 November 2021
KKR impact fund backs Australasian edtech player

KKR’s global impact investment fund has agreed to acquire a majority stake in Australia and New Zealand-based Education Perfect, a provider of digital teaching and learning toolkits for schools, at a valuation of NZ$455 million ($320 million).

  • Australasia
  • 24 June 2021
recruitment-hr-job-team-building
US strategic to buy PE-backed Australia payroll business

Ceridian, a US-based human resources technology provider has agreed to acquire Australian payroll software specialist Ascender, setting up exits for Potentia Capital and Five V Capital.

  • Australasia
  • 02 February 2021
Five V buys New Zealand software developer

Australian private equity firm Five V Capital has acquired a controlling stake in New Zealand employee management software provider Totara for an undisclosed sum.

  • Australasia
  • 22 June 2020
roulette-spin-gamble-chance-casino
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
Australia's Five V makes another BPO bolt-on

Australia’s Five V Capital has acquired Philippines business process outsourcing (BPO) player Beepo as a portfolio company bolt-on. It is the GP’s second such transaction this month.

  • Southeast Asia
  • 30 January 2020
microsourcing
Australia's Five V agrees Philippines outsourcing carve-out

Australian GP Five V Capital has agreed a A$100 million ($69 million) carve-out of Philippines business offshoring specialist MicroSourcing as a bolt-on for an existing portfolio company.

  • Southeast Asia
  • 09 January 2020
PE consortium acquires Australia's Universal Store

Australian fashion retailer Universal Store has been acquired by venture capital firms BB Retail Capital, Catalyst Direct Capital Management, and Five V Capital.

  • Australasia
  • 28 September 2018
Australia's Five V agrees marketing carve-out

Five V Capital, an Australian GP established by Adrian MacKenzie, formerly a managing partner at CVC Capital Partners, has agreed to buy the contact center business of market services company Salmat for A$53 million ($41 million).

  • Australasia
  • 27 March 2018
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