Today
Australian Unity’s healthcare fund bounces to Perennial
The move should give the fund greater access to private company deal flow via Perennial’s private assets team.
- 21 mins ago
Concussion medtech start-up kicks off raise for US expansion
Headsafe hoping to break into the United States healthcare market with its NuroCHEK device, hitting up early-stage investors for $5 million.
Yesterday
Perpetual boss looks for exit, KKR takes control in $2.175b deal
The $2.175 billion deal is due to be announced on Wednesday, sources said.
New deal! Five V Capital are creatures of Habit
Allied health providers have proved popular – and profitable – for a number of investors, including Quadrant Private Equity, Next Capital and Adamantem Capital.
Lowy-backed Assembly names new chief investment officer
The real estate investment firm has elevated former Invesco head of acquisitions Tim Meurer to head up its investment strategy.
Macquarie Technology founders cash out; E&P Capital on trade
Stockbroker Evans and Partners crossed two lines of stock in the ASX-listed data centre operator after-market on Monday.
Sierra Rutile major shareholder presses the flesh as bid extension lands
Sources told Street Talk that Sierra Rutile had met with its new largest shareholder Gemcorp on Friday to ascertain its intentions.
This Month
Geoff Wilson buys 6pc of Australian Unity Office Fund; Bells on ticket
WAR paid $1.20 a share, a small discount to the traded price but circa 30 per cent lower than the NTA.
Quadrant dips into Fortitude’s $300m-plus commercial food biz
The $8 billion private equity firm has snagged two board seats in the deal led by managing partner Chris Coates.
Financy in cash call for workplace equality SaaS platform
Its clients, according to the flyer, include Bega, Netwealth, NGS Super, SG Hiscock & Company and NSW Land Registry Services.
Europe’s No.1 renewable energy producer shops 1.7GW Aussie pipeline
The portfolio was previously owned by Span’s Elecnor Group, which Statkraft acquired at a €1.8 billion enterprise valuation in November.
CDPQ, IFM, AusSuper eye $1.6b Neoen stake, but GPG debacle looms large
The French renewables group is working with Bank of America to sell a 30 per cent stake in its large local portfolio of assets to accelerate expansion.
Ellerston-backed video platform draws in big-name investor
The investment from Melbourne emerging companies specialist Acorn Capital takes the total funds raised by Genero to $15 million.
CommBank to refi PE-backed logistics giant; Daimler, IFM tip into debt
The new loan comes four years after Allegro Funds, led by deal maker Adrian Loader, paid less than $10 million to acquire Team Global Express.
Blackstone-backed Xpansiv considers new cash call
Early soundings are said to be pegged at a 30 per cent discount to the last valuation. The identity of the seller has not been disclosed.
Brazilian rare earth explorer Axel REE launches IPO roadshow
The deal, led by Bell Potter, will see Axel seek to raise $15 million at an enterprise value of $21.6 million.
Vimal Gor lands at Ellerston Capital
Street Talk understands the former Pendal fixed-income veteran has landed at Ashok Jacob’s funds management shop.
Quadrant crows about $500m Canva investment
The deal was led by Quadrant’s Victor Ha and Louis Casey and represents the firm’s single biggest investment.
Advent Partners buys stake in emergency care specialist
Private Emergency Health Australia has a network of about 200 doctors and runs emergency medical services departments at seven locations.
Eureka shareholders set to reject Aspen’s revised scrip bid
The shareholder rejection – and the fact that it is still outside the IE range – should pave the way for the target board to knock back the new proposal.