Today
Alceon’s IT biz efex acquires specialist Medihost Solutions
Medihost marks efex’s fourth bolt-on acquisition this year, as it aims to become the No.1 IT services provider to small-to-medium enterprises.
- 1 hr ago
Chris Stott’s 1851 Capital hires from Wilsons Advisory
Chris Stott’s small-caps funds management house 1851 has made its first hire in more than three years.
Foxtel’s UK suitor calls in Bank of America for advice
The group, backed by billionaire Len Blavatnik, is understood to be working with BofA’s telecommunications and media team.
Perpetual’s ATO ruling expected imminently
Perpetual has been seeking relief from the ATO to allow it to reorganise the business.
AirTrunk showers staff with big bonuses as Blackstone deal nears close
It’s been three months since the deal of the year, the $24 billion acquisition of the data centre giant from Macquarie Asset Management.
Yesterday
Crescent Capital mulls exit for Green Leaves Early Learning
Street Talk understands the Sydney-based buyout firm is gearing up to add the Queensland-based childcare group to deal sheets.
Soul Patts launches $122m Tuas block trade; Jarden on ticket
Shares were priced at $6.10 per share – a 5 per cent discount to last close.
Goldman Sachs inks $100m funding deal with special sits lender Keyview
The Sydney-based firm private credit operator borrowed the new loan against the assets of its $500 million flagship fund.
Bain Capital kicks off dividend recap at aged care biz Estia Health
Sources said the loans are being provided by infrastructure-focused investors including Keppel Infrastructure, Stonepeak and Pacific Equity Partners.
Popular beauty brand Wrinkles Schminkles seeks strategic partner
The beauty brand has appointed global advisory firm ANKURA Consulting to find it an investment partner after a decade of private ownership.
Ex-Pendal chief Emilio Gonzalez to join Brisbane fundie
Street Talk can reveal Gonzalez will join the board of Brisbane-based Australian equities boutique DNR Capital from February 1.
Golden handcuffs, anyone? Potentia’s surprise cure for grumpy staff
Street Talk understands Potentia Capital has been taking advice from Jarden’s technology bankers on exiting its big winner, but is intentionally taking things slow thanks to its internal staff ructions
This Month
Quadrant goes trans-Tasman with cyber play Bastion; inks acquisition
Street Talk understands Quadrant-backed Bastion has acquired hot Melbourne-based cybersecurity business Cythera.
Dexus lobs bid for big super’s Aussie student apartment portfolio
Of note, Canadian giant Brookfield also participated in the first round but ultimately decided the asset wasn’t for it.
Allier, William Blair to shop $31m-a-year blasting biz BlastOne
Corporate advisers are early in the process but have begun reaching out to family offices and local and international private equity-types.
Losses from Citi’s Goodman block trade snafu extend to more than $70m
Sources said, after deducting its sell-side and buy-side commissions on the trade, Citi has crystallised at least $70 million in losses over the block trade.
Charles Gibbon becomes second WiseTech director to dump shares
The billionaire venture capitalist has been on the logistic software giant’s board for 18 years. He sold some $200 million of his stake through UBS on Friday.
Citi names its MD class of 2024
The Wall Street bank elevated 344 new managing directors from across its businesses – one of the largest MD cohorts in its history.
Market darling LTR Pharma raises new equity
The shares were offered at 92¢ apiece, which represented a 21.6 per cent discount to the 10-day volume-weighted average price.
Goodbye, APA! UniSuper sells leftover $340m stake in pipelines giant
It’s been a block bonanza for fund managers and investment banks this week, as founders and institutional investors seek to cash out before Christmas.
