Today
New Quantum weighs its options as Keystone pulls funding
Should it land in receivership as expected, the company’s majority owner – Beaconsfield Capital – is understood to be preparing to buy back the business.
- 50 mins ago
Blackstone pays $300m for minority stake in Symphony Infra Partners
The private capital giant is understood to have squared off against HMC Capital’s Julia Gillard-chaired Energy Transition Fund in the auction’s final round.
NAB backs Federation Asset Management’s Homesafe acquisition
The agreement is a drop in the ocean for a big four bank with a $702 billion loan and advancement book.
Done deal: London buyout firm Livingbridge acquires Colinton’s Dimeo
Under the deal, Colinton will retain a stake, while Livingbridge will join the register alongside founders Charles Bates and Peter Easter.
The end is finally in sight for PEP’s worst-ever investment
The local private equity giant has been a money-spinner for investors, except in this instance. In an update, it says it may finally exit Equiniti next year.
Grow Inc raise upsized after strong demand; IPO on the horizon
A handful of new technology-focused investors will also join Grow’s register alongside venture capital funds AirTree and Five V Capital.
Yesterday
Imricor Medical Systems in $35m raise
A presentation sent to potential backers said Imricor had spent 18 years and $US105 million ($155.7 million) on its technology.
EQT-backed Five Good Friends hits auction block; stake up for grabs
A handful of Five Good Friends’ minority shareholders, including QIC and stockbroker Morgans, have hired Record Point to shop a 45 per cent stake.
PE titans lob bids for Healius’ $700m Lumus Imaging; UBS offers staple
Many have taken a look at Healius’ Lumus Imaging, but it was TPG Capital and Affinity Private Equity that put pen to paper when UBS collected offers last week.
Next Capital anoints new partner; sells fancy breadmaker Noisette
Dicembre was integral to the firm’s investment in NZ Bus, and its subsequent exit to Australia’s largest bus network, Kinetic, in 2022.
Bain’s Accolade to buy Jacob’s Creek and other Pernod Ricard brands
The deal between the French alcohol giant and one of Australia’s largest wine producers will require approval from the competition regulator.
Zip Co in $267m raise to pay down debt; Goldies, UCP on ticket
Fund manager sources said the placement is expected to price at about $1.52 a share, representing a 5.3 per cent discount to the last close.
Azure, Natixis shop Brookfield-owned X-Elio’s Blue Grass solar project
Street Talk understands the Spanish renewable developer, a 100 per cent Brookfield-owned company, is seeking to part with its interest in the 200 megawatt-peak solar farm and battery project.
This Month
Labyrinth Resources buys Vivien mine, launches equity raising
Vivien was one of the most profitable mines when it was in Ramelius Resources’ stable.
Elmo’s US owner tests buyer appetite, two years on from $486m buy
K1 picked up ELMO at a time when interest rate hikes had punched the oxygen out of valuations for ASX-listed names.
General Pants Co’s dispute with creditor ‘resolved’
A winding-up application against the youth fashion retailer, owned by Richard Facioni’s Alquemie Group, is expected to be dismissed on Wednesday.
Argonaut Securities targets ECM growth with new hire
Street Talk understands the boutique stockbroker has tapped Foster Stockbroking head of corporate finance Rob Telford to grow its Perth presence.
ICA Partners shops stake in EnergyAustralia’s Wooreen battery project
EnergyAustralia has put a 50 per cent equity stake in its “shovel-ready” Wooreen battery energy storage system project on the table and tapped ICA Partners to drum up interest.
EBOS chews over Quadrant’s pet food biz Prime100
Quadrant has brought in Houlihan Lokey for the strategic review of Prime100 which is a supplier to Greencross’ Petbarn retail chain.
Alvarez & Marsal lifts EY team to spearhead entry into valuations
The trio have been tasked with building a presence in the local valuations sector, and Stewart has been appointed to run the unit.
