Today
New co-head at E&P Capital; Ian Holmes exits
Six months after he joined as the head of equity capital markets, Whitehead has been named the co-head of E&P Capital alongside Alex Rock.
- 33 mins ago
Anchorage Capital Partners dealmaker exits
Phillips was responsible for originating investment opportunities and making operational improvements across the portfolio.
Ramelius in exclusive due diligence to buy Karora
The listed gold miner is in exclusive due diligence to acquire Toronto-listed WA gold miner Karora Resources.
Deep Yellow launches $250m raise; Aitken Mount, Bells on ticket
The company has hired Bell Potter and Aitken Mount Partners to lead the cash call.
Origin Energy in final furlong of $4b Yanco Delta deal
Origin – under pressure to get a major renewables project into its pipeline – could be set to overpay for the development.
One of EQT’s biggest local dealmakers leaves firm
Patrick Rodden, head of the firm’s infrastructure division, has left the business that notched up $10 billion in regional transactions last year.
L Catterton warms up Quadrant, HPS for Fitness First buy
US private equity investor L Catterton is back for a second crack at Quadrant Private Equity’s gyms roll-up, Street Talk can reveal.
Yesterday
Tsihlis back with ‘green steel’ deal; IM sent to potential backers
Dubbed Axis Green Steel Limited (née TrueGreen Steel), the business is pitched as a vertically integrated green steel and strategic minerals group.
First-round offers in for MinRes $1b pit-to-port haul road sale
Morgan Stanley Infrastructure Partners has tapped Perth-based corporate advisory firm Azure Capital for help with diligence and funding
Mining equipment hire biz National Group in refinance, sale talks
National Group founder and CEO Mark Ackroyd steered the company through a restructure a few years ago.
Ex-Stilmark boss raising to build rival to Trangrid’s unregulated biz
It competes with Transgrid’s unregulated business Lumea – a multibillion-dollar operation in itself – that dominates connections but outsources the engineering and construction.
This Month
Capital SMART founder tries to carve out unit from AMA Group
Of note, Vais, Milliner and their backers are expected to team up with a private equity player to bankroll their bid, should they get a look at the books.
Dicker Data founder selling $200m worth of stock; Barrenjoey on trade
Dicker Data’s founder, David Dicker, was seeking to offload 10.2 per cent of the company in a $200 million block trade launched after Tuesday’s closing bell.
US PE giant Thoma Brava keeps tabs on Iress, Jarden on scene
Thoma Bravo, which has about $US134 billion ($206 billion) under management, has enlisted Jarden for advice on a potential tilt.
Dubber mulls equity raising at ‘massive’ discount; UCP on the hook
The raising offer price would need to be pegged at a discount of at least 60 to 70 per cent to the last close of 22¢ a share for it to succeed, fundies said.
GIP hangs up for-sale sign at Pacific National; mandates banks
Street Talk understands GIP has mandated JPMorgan’s bankers to find a buyer keen for a slice of its 50 per cent stake in Pacific National.
UK’s Amber in capital partner hunt for Aussie data centre biz iseek
iseek is the smallest deal to cross Street Talk’s desk in recent weeks, but it should be a beneficiary of surging investor interest in the sector.
Spotlight swings back on TDM Growth Partners
While both businesses have grown, it’s unclear whether backers will see much by way of returns.
MMA Offshore peer starts IPO preparations, hires broker
Even better for prospective investors, the surge in activity has come at the same time as a supply crunch in new vessels.
RBC Capital Markets hires from JPMorgan
James Cornell is due to start at RBC in mid-March, according to a staff memo sent out by the investment bank’s head of equities, Australia, Karen Jorritsma.
