Latest Private Equity & Venture Capital News

Deep tech climate tech and aviation sector-focused investors are backing a Sydney aerospace company which has developed a film which reduces the drag of aircraft surfaces.

Financial services business Perpetual (ASX: PPT) has rejected a $2.5 billion private equity bid which it said did not represent fair value.

Additional federal funding has been provided to a quantum computing development company that is already producing commercial products.

A private equity-backed ASX-listed company has brought in a corporate advisory firm to help it review its strategic options.

Federal funding of up to $45 million is to be supplied to set up a plant to demonstrate commercial manufacturing of an advanced battery material.

Private capital investors are pressing the federal government to widen the scope of the carve-out it has proposed in response to the backlash that erupted after it removed capital gains tax concessions for the innovation sector in the Budget.

A Sydney-based firm has led a $55 million fourth venture capital round for a technolgy business that is introducing artificial intelligence (AI) to hospitality sector workflows.

A private equity offer for an ASX-listed campervan business has been challenged by a higher offer from a trade buyer.

Australia's richest person, Gina Rinehart, has invested in a US technology company co-founded by an Australian entrepreneur.

A preventative healthcare business has raised $65 million to expand overseas.

A department store business has replaced its chief executive alongside its private equity owners refinancing the company.

The exit of an Australia-based drinks company is expected to generate a global private equity firm close to a $2bn return generating a 5-6x return on initial investment.

The federal government has back-tracked on its Budget decision not to exempt early stage technology businesses from increases in capital gains tax but has failed to convince the technolgy sector that it understands the sector's importance to the growth of the economy.

The corporate venturing arm of Australia's largest general insurer has made a strategic investment in an online business that provides personal health, safety and wellbeing services.

An increased offer from a superannuation funds-owned investment firm has been rejected by an ASX-listed company.

Additonal private equity bids have lifted the offer price for an ASX-listed company to more than $845 million.

A former private equity-owned retail chain is to be wound up after a recapitalisation proposal from the primary lender to the business failed to attract adequate support.

A new growth stage private equity investment firm has taken a majority stake in a leading provider of after-hours general practitioner medical services.