Latest Private Equity & Venture Capital News
A venture-backed software company is to be acquired by a larger company in the business software space.
Full storyPrivate equity stake in airline to be reduced
01 Oct 2024 - Performance
Bain Capital plans to reduce its investment in airline Virgin Australia, by selling a 25% stake to Qatar Airways.
Full storyAn Australian family office has joined with a global asset management firm to take a majority stake in Queensland Airports.
Full storyA buyer has been found for a venture-backed superannuation fintech which had been expected to seek a new round of funding when backing for loss-making early stage tech businesses evaporated two years ago.
Full storyA private equity firm has sold its remaining stake of just over 30% in an ASX-listed pathology services company.
Full storyThe proportion of private equity and venture capital held by The Future Fund has fallen but the sovereign wealth fund still sees private capital, especially in Australia, as an important area for future investment.
Full storyA consortium of global investors is to acquire a large majority stake in an Australian data centres business for $23.5 billion, generating strong returns for investors.
Full storySuper 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.
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