Latest Private Equity & Venture Capital News
Super fund’s $1.1bn venture loss
27 Aug 2024 - Performance
Australia's largest industry superannuation fund has written off more than $1.1 billion on a US venture capital investment.
Full storyGovernment investor in line for a 70x return
25 Aug 2024 - Performance
A government investor is in line for a 70x return with an ed-tech company accepting strategic investment from a US private equity firm.
Full storyUber to close acquired Australian business
23 Aug 2024 - Performance
Ride share company Uber is to close an Australian business it acquired only two years ago.
Full storyGlobal payments company Klarna plans to re-launch the Laybuy buy-now-pay-later platform after acquiring the New Zealand assets of the company out of receivership.
Full storyA growth capital firm has exited its stake in a school management software company to a global private equity firm.
Full storyGraphic design unicorn acquires AI start-up
01 Aug 2024 - Performance
A locally founded unicorn has acquired a Sydney artificial intelligence start-up in a deal that might attract review by the Australian Competiton and Consumer Commission (ACCC).
Full storyA private equity firm has exited its investment in an ice cream company to a financial consortium led by two former private equity executives.
Full storyPE investee sold out of administration
23 Jul 2024 - Performance
A private equity investee company has been acquired out of administration by a rival business.
Full storyA former leading private equity firm has exited one of its remaining investments four years after first seeking a buyer.
Full storyMining innovation investment to be exited
08 Jul 2024 - Performance
A Melbourne mining sector innovation team's investment in handheld elemental analysers is to be exited.
Full storyA risk and compliance software company has been acquired by the private equity-backed global major player in its field.
Full storySydney mid-market firm exits to Auckland fund
23 Jun 2024 - Performance
A Sydney mid-market private equity firm has exited its majority stake in a New Zealand-based travel business to an Auckland fund.
Full storyCross-Tasman exit for New Zealand firm
22 Jun 2024 - Performance
A New Zealand private equity firm has exited an investment to an Australian counterpart.
Full storyNew private equity owner for rehab business
19 Jun 2024 - Performance
A UK-based growth capital firm has exited its stake in a New Zealand rehabilitation business to a Sydney-based growth capital firm.
Full storyA strong return should be generated for a Sydney private equity firm through the planned acquisition of an environmental consultancy business by a KKR investee company.
Full storyFast-food chain to list on ASX
01 Jun 2024 - Performance
The ASX float of a fast-food chain will enable major shareholders to begin selling down their stakes.
Full storyExit anticipated for equipment hire business
27 May 2024 - Performance
A mid-market growth capital firm is reportedly close to exiting its first investment in an overseas trade sale.
Full storyA technology-focused private equity firm is believed to have generated a strong return selling its stake in a bookings management software company to a US business operating in an adjacent space.
Full storyGlobal investment firm exits to local player
11 Apr 2024 - Performance
A global private investment firm has exited its stake in an accounting services and wealth management business to a Sydney private equity firm.
Full story$2.43bn secondary sale of Canva shares
08 Apr 2024 - Performance
Most of the $2.43bn worth of Canva sales sold in a secondary market sale in March came from past and present employees.
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