Latest Private Equity & Venture Capital News
The 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.
Full storyNew private equity owner for rehab business
19 Jun 2024 - Performance
A UK-based growth capital firm has exited its stake in a New Zealand rehabilitation business to a Sydney-based growth capital firm.
Full storyA strong return should be generated for a Sydney private equity firm through the planned acquisition of an environmental consultancy business by a KKR investee company.
Full storyFast-food chain to list on ASX
01 Jun 2024 - Performance
The ASX float of a fast-food chain will enable major shareholders to begin selling down their stakes.
Full storyExit anticipated for equipment hire business
27 May 2024 - Performance
A mid-market growth capital firm is reportedly close to exiting its first investment in an overseas trade sale.
Full storyA technology-focused private equity firm is believed to have generated a strong return selling its stake in a bookings management software company to a US business operating in an adjacent space.
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