Latest Private Equity & Venture Capital News
UK-based firm to make largest Australian exit
10 Dec 2024 - Performance
A UK-based private equity firm is to achieve its largest Australian exit to date agreeing to sell its majority stake in a waste service business to a global private equity firm in a deal that values the business at more than $1 billion.
Full storyExit helps firm return $625m to investors
09 Dec 2024 - Performance
A lower mid-market private equity firm has reported returning $625 million to investors in 2024, largely as a result of one successful exit.
Full storyA private equity firm is to exit its stake in an agricultural supplies and services company with the business to be acquired for $475 million by an ASX-listed company.
Full storyVenture-backed AI company in receivership
15 Nov 2024 - Performance
Administrators are urgently seeking a buyer for the assets of a company which offers artificial intelligence (AI) powered technolgy for retail supply chain management.
Full storyGrowth investment to be exited at 10x earnings
12 Nov 2024 - Performance
A growth investment is to be exited at 10x annual earnings after a hold period of less than four years.
Full storyA mid-market private equity firm is to exit its majority stake in a construction sector advisory business with the acquisition of the company by an international business.
Full storyAn overseas acquisition of a portfolio company has generated a New Zealand venture capital firm its biggest return to date.
Full storyA Sydney private equity buyout firm is to exit its majority stake in a building products manufacturer to an international building products supplier.
Full storyA US growth capital firm has exited a Melbourne-based software company for a value speculated to be as high as $700 million to a global investment firm that still sees plenty of opportunity to add value.
Full storyA rapidly growing technology company has reported quarterly revenue up nearly 20% but also a more than 61% increase in its negative earnings figure.
Full storyA fintech start-up, launched less than 18 months ago, has been acquired by a UK company which recently entered the Australian market.
Full storyVenture capital investee in administration
15 Oct 2024 - Performance
A drone delivery company in which at least six venture capital firms have invested has been placed in voluntary administration.
Full storyA leading private equity firm has abandoned its investment in a business that operates some of Sydney's most famous restaurants.
Full storyCompanies owned by private equity firms are more likely to default on loans than other higher risk borrowers, Moody's Ratings has reported.
Full storyMerger provides strong return for venture firm
11 Oct 2024 - Performance
A Sydney venture capital firm is to receive a substantial return from the merger of a Melbourne-based procurement software business with an Auckland-based rival.
Full storyA venture-backed software company is to be acquired by a larger company in the business software space.
Full storyPrivate equity stake in airline to be reduced
01 Oct 2024 - Performance
Bain Capital plans to reduce its investment in airline Virgin Australia, by selling a 25% stake to Qatar Airways.
Full storyAn Australian family office has joined with a global asset management firm to take a majority stake in Queensland Airports.
Full storyA buyer has been found for a venture-backed superannuation fintech which had been expected to seek a new round of funding when backing for loss-making early stage tech businesses evaporated two years ago.
Full storyA private equity firm has sold its remaining stake of just over 30% in an ASX-listed pathology services company.
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