Gresham Private Equity
Australia mining: Panning the value stream
In the midst of the commodities downturn GPs are still finding deals in mining services, although volatility can play havoc with execution. Better value might be found upstream, if you know where to look
Australia's Gresham PE exits freight business to McAleese
Silk Logistics Group, which is owned by Australian GP Gresham Private Equity’s portfolio, has sold its last operating division, WA Freight Group (WAFG), to McAleese for A$15.4 million.
Gresham PE exits Tasmanian Walking Company
Gresham Private Equity has exited Australian tour firm Tasmanian Walking Company (TWC) to Virgin Australia co-founder Brett Godfrey. The financial details were not disclosed.
Australia’s Gresham Private Equity to lose co-head
Mark Yoens, joint head of Australian GP Gresham Private Equity, is leaving the firm in September. Mark Rimmer will continue as sole head of the team.
Gresham-owned mining contractor refinances $485m in debt
Barminco Holdings, an Australian mining contractor owned by Gresham Private Equity, has refinanced its debt through a $485 million senior note offering. The offering was oversubscribed, allowing the company to upsize the Australian dollar value to take...
PE-backed Blue Star entities pick up assets from Geon
Blue Star’s Australia and New Zealand entities, which are now run by two separate private equity-backed management groups, have agreed to buy assets from struggling rival printing company Geon.
KKR, Allegro target Australia's ailing Geon
KKR and Allegro Funds have placed Australian commercial printing company Geon Group into administration and are looking to buy parts of the business out of receivership. The pair became creditors last year following the acquisition of a portfolio of distressed...
Australia’s Gresham PE in $180m Witchery Group exit
Gresham Private Equity has agreed to sell fashion retailer Witchery Group to Country Road for A$172 million ($180.2 million). The deal will see Witchery CEO Ian Nairn replace Howard Goldberg as head of Country Road, which is majority-owned by South Africa’s...
Gresham in talks to sell Witchery to Country Road
Australia-listed fashion and homeware retailer Country Road has confirmed it is in talks with Gresham Private Equity about the potential acquisition of clothing brands Witchery and Mimco.
Gresham seeks buyer for New Zealand's Noel Leeming Group
Australian PE firm Gresham has reportedly appointed Macquarie Group to advise on the sale of New Zealand appliance retailer Noel Leeming Group, an asset that it has owned for seven years.
PEP-backed Collins Foods seeks to raise $255m through IPO
Collins Foods, the Australian fast-food group owned by Pacific Equity Partners, plans to raise up to A$238 million ($255 million) through an IPO. The firm will offer 81.6 million shares priced at A$2.50-2.92 apiece in what is potentially Australia’s...
Australia's PE-backed Barminco pulls IPO
Mining contractor Barminco, which is majority-owned by Gresham Private Equity, has pulled out of its $580 million IPO. It is the latest in a string of Australian companies to stall listing plans amid market volatility.