Yesterday
Plenty of interest in Damstra as overseas software firms circle
The company sells an enterprise protection platform that targets worker safety, risk management and compliance for clients such as New Hope and Glencore.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
Five V Capital’s deal makers chase $700m for fifth buyout fund
Adrian MacKenzie and Srdjan Dangubic’s Five V Capital is donning the hard hat to raise $700 million for their fifth buyout fund.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Retail
Heavy interest in Sara Lee rescue
More than 40 potential buyers are lining up for the iconic frozen baked goods and desserts brand which went under a week ago.
- Updated
- Carrie LaFrenz
Navis Capital’s Device Tech rules off $400m debt deal
Street Talk understands the $400 million was underwritten by Commonwealth Bank and Westpac last week.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
France’s Vinci test drives banks for EastLink tilt; Transurban digs in
Paris-headquartered concessions player Vinci Group has begun meeting with investment banks for a potential buy-side mandate.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Retail
Chocolate maker Godiva plots Australian expansion
The North Asian private equity owners of the luxury Belgian chocolate brand are growing locally – all part of readying for an eventual sale.
- Carrie LaFrenz
Ding ding! Round two under way for $500 million-plus Cura auction
The $11.4 billion private hospital operator looks at plenty of deals and isn’t likely to get into a sword fight with overzealous private equity.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Myhealth founder closes in on Crescent’s home doctor business
It is understood James Liang is working with MA Financial Australia on his tilt for 24-7 Healthcare.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Why boring is beautiful amid private equity’s ‘exit crunch’
Surging interest rates are a threat to private equity returns, but the boss of this $16 billion giant says there are pockets of safety to be found.
- Updated
- James Thomson
Medibank eyes larger MyHealth stake as founder looks for the exit
Street Talk understands the $9.7 billion ASX-listed private health insurance giant will become Myhealth’s largest shareholder
- Sarah Thompson, Kanika Sood and Emma Rapaport
Grave affair: Propel Funeral Partners bankers up, eyes on IFM
It is unclear whether IFM’s interest in the company has progressed or if the fund manager plans to table a formal offer.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Carlisle Health snaps up rival radiologist; monitors for sale symptoms
Sources who spoke to Street Talk reckon Carlisle Health will add a handful more practices before selling the group next year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Call centre AI pivot (and AWS surge) helps Local Measure raise $7.9m
The Funded blog is the new home for news on the tech deals that are done in Australia, as soon as we hear about them.
- Updated
- Paul Smith
- Exclusive
- Fashion retail
Crescent Capital evaluates sale of Tigerlily, appoints Deloitte
As summer nears in Australia, Crescent Capital is seeking to capitalise on a turnaround in the iconic swimwear label founded by Jodhi Meares, and once owned by Billabong.
- Carrie LaFrenz
Frozen out: Sara Lee calls in administrators
The PE-backed frozen baked goods and desserts brand has appointed FTI Consulting to sell or restructure the business.
- Carrie LaFrenz
Pacific Equity Partners, Mirvac sign $1 billion Serenitas acquisition
Tasman Capital will retain a 5 per cent stake, alongside an equity syndication right for 14.99 per cent (taking it to 19.99 per cent) of the deal.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Happy days for Alceon PE’s backers as Nido lists
Ex-Think Childcare boss Mat Edwards’ latest IPO, Nido, has sent cheers through Sydney firm Alceon Private Equity’s investors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Bosch parks Bendix Brakes on the sale block; MacCap hired
It is not known how advanced the MacCap-led process is, however, sources suggested it was well-progressed.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Digital Classifieds Group set to buy Dubizzle’s Asian assets
Street Talk understands the Melbourne online classifieds marketplace is beefing up its Asian footprint ahead of a potential ASX initial public offering.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Trash to treasure: Waste management biz JR Richards lures PE bigwigs
The final round could see Clark Perkins’ Mercury Capital go toe-to-toe with Swedish PE giant EQT Partners.
- Sarah Thompson, Kanika Sood and Emma Rapaport
