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Kanika Sood

Co-editor, Street Talk

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

Today

Alceon Private Equity co-head Zac Midalia and Efex CEO Nick Sheehan.

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.

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1851 Capital’s Martin Hickson and Chris Stott.

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.

Lachlan Murdoch has put Foxtel up for sale. DAZN is one company that is taking a look.

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 Chairman Tony D’Aloisio with Perpetual CEO Bernard Reilly prior to the Perpetual AGM.

Perpetual’s ATO ruling expected imminently

Perpetual has been seeking relief from the ATO to allow it to reorganise the business.

AirTrunk boss Robin ‘Santa’ Khuda: Christmas has come early for his his employees.

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.

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Yesterday

Green Leaves is based in Queensland and has more than 52 childcare centres including clusters in Brisbane and Melbourne, and sites in regional Queensland, NSW and Victoria.

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.

Former TPG chairman David Teoh.

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.

Keyview Financial Group managing director Justin Lal is a Goldman Sachs alumni.

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.

Last year, Bain Capital snapped up Estia Health, one of few listed on the ASX, for $838 million. Estia has 73 homes across the country.

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.

Wrinkles Schminkles has been building momentum in the  cosmeceutical skincare market since 2014.

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.

Emilio Gonzalez.

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.

Potentia Capital founder Andy Gray and managing director Tim Reed.

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

As cybercrime spreads its tentacles, the key is to protect people as far upstream as possible or at the top of the funnel.

Quadrant goes trans-Tasman with cyber play Bastion; inks acquisition

Street Talk understands Quadrant-backed Bastion has acquired hot Melbourne-based cybersecurity business Cythera.

Campus Living Villages group managing director John Schroder.

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.

BlastOne’s blasting equipment is use on bridges, pipelines and wind towers.

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.

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The biggest investment banks work hard to put themselves at the top of important league tables as they set up to compete for deals next year.

Block trade rush trips up investment banks amid league table scramble

A number of massive sell downs in the last month have given equities teams an opportunity to jump up all-important rankings as they position for next year.

Citi’s head of equity capital markets Rob Jahrling has had a terrible week.

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.

Wisetech director Charles Gibbon walking near his home in Woollahra.

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.

Alex Syhanath, Citi’s head of commercial banking.

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.

LTR Pharma has inked a global co-development agreement with Nasdaq listed Aptar Pharma.

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.