Latest Private Equity & Venture Capital News
A fund which provides individual investors with access to institutional grade global private markets investments has tripled in size in little more than a year.
Full storyANZ bank has called off its proposed acquisition of accounting software business MYOB from KKR as it seeks to acquire Suncorp Bank for $4.9 billion.
Full story$NZ1.7bn towers sale generates strong returns
19 Jul 2022 - Performance
Investors achieve strong partial returns with the $NZ1.7bn sale of Vodafone New Zealand's mobile phone towers business.
Full storyGrowth investment exited in $140m trade sale
09 Jul 2022 - Performance
A majority private equity-owned company that sells leakproof period underwear is to be acquired by a Swedish company for $140 million.
Full storyA mid-market private equity firm has exited a Sydney-based mining-focused technology company to one of the world's largest manufacturers of mining equipment.
Full story$20m exit doubles valuation of three years ago
12 Jun 2022 - Performance
A listed technology investment firm has exited an investment at $20 million, more than twice its valuation of three years ago.
Full storyA Sydney-based global forestry and agriculture assets manager is to be acquired by two major Japanese investment firms.
Full storyAuckland firm exits healthcare business
19 May 2022 - Performance
An Auckland private equity firm has exited its stake in one of New Zealand's leading healthcare businesses to a global alternative assets manager.
Full storyA venture-backed trades-focused online marketplace has been acquired for less than a quarter of its implied value six years ago.
Full storyA private equity investee has been able to generate a substantial return of capital despite the company's operations being affected by COVID-19 restrictions.
Full storyInvestee companies to be combined in $450m deal
05 May 2022 - Performance
An Australian investee of a global private equity firm is to be exited to a US-based investee of the same firm but the deal has transparency with both the transaction value and the exited company's 2021 revenue disclosed.
Full storyAustralian venture capital investors are in line for returns of up to 20x investment resulting from the acquisition of an Australian-founded data technology company by a NASDAQ-listed company in the same space.
Full storyExit to return 8x initial investment
30 Mar 2022 - Performance
An acquisition by a Singtel subsidiary will return a Sydney private equity firm 8x its initial investment after only about two years.
Full storyA retail private equity fund-of-funds manager that invests only in Australian and New Zealand investment firms has reported its average gross return on invested capital has increased from 3.1x to 4.3x since the beginning of the year.
Full storyPrivate equity firm exits bus services business
20 Mar 2022 - Performance
A private equity firm has exited its investment in a New Zealand bus services business to Australia and New Zealand's largest private bus services operator.
Full storySeed fund achieves early profitable exit
15 Mar 2022 - Performance
A seed fund has achieved a profitable exit after little more than two years as a result of the acquisition of an electrical equipment monitoring company.
Full storyAn investment in a recruitment software business has been exited with the purchase of the business by a UK company.
Full storyA majority stake in an Australian non-bank credit provider is believed to have been transferred from one global asset manager to another for more than $1.2 billion.
Full storyCar share exit generates strong returns
20 Jan 2022 - Performance
The exit of a car-share start-up to a global business has provided strong returns to investors.
Full storyNew Zealand-developed film-making technology has again been acquired by a global company, generating strong returns for local investors.
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