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
- Sarah Thompson, Kanika Sood and Emma Rapaport
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.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Perpetual’s ATO ruling expected imminently
Perpetual has been seeking relief from the ATO to allow it to reorganise the business.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Macquarie buys up $3.7b of US Gulf energy assets
Macquarie Asset Management is buying an initial $3.7 billion stake in US Gulf Coast pipeline and related assets owned by Dow.
- Matthew Cranston
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.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
This one word explains why Regal’s tilt at Platinum collapsed
The two companies are a long way apart on the merits of a tie-up, but both camps can agree on one thing.
- James Thomson
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.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Platinum sinks as Regal takeover hopes dashed
More than $1 billion in outflows in October and November have ended the chances of a higher Platinum bid from the hedge fund giant.
- Joshua Peach
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
- Sarah Thompson, Kanika Sood and Emma Rapaport
Revamped Potentia Energy scours market for big battery investments
The company once known as Enel Green Power Australia has plenty of cash to splash on renewable assets.
- Angela Macdonald-Smith
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.
- Sarah Thompson, Kanika Sood and Emma Rapaport
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.
- Sarah Thompson, Kanika Sood and Emma Rapaport
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.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Investing
The five big questions for investors in 2025
After a couple of strong years, investors are right to wonder what comes next. Much depends on one very unpredictable man.
- James Thomson
Guardian owner pushes through sale of The Observer despite strike
A “slow news” start-up has bought the 233-year-old Sunday paper for $49 million, amid a slew of deals that are shifting Britain’s media landscape.
- Hans van Leeuwen
Hedge funds cash out of Bigtincan, their ‘single worst’ investment
The promising ASX-listed sales software developer has agreed to a buyout bid from American private equity firm Vector Capital valuing it at just $183 million.
- Tess Bennett
Palisade Impact in $300m retirement living JV with Zig Inge Group
Palisade Impact is building a $300 million retirement living platform with Zig Inge Group, whose founder pioneered retirement living in Australia in the 70s.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Renewables
Di Pilla finds big super backers as he clinches $950m clean energy buy
The veteran dealmaker’s HMC Capital is acquiring a portfolio of renewable generation assets from Neoen and becoming a major player in the energy transition.
- Updated
- Angela Macdonald-Smith
Auckland self-storage giant hangs up for-sale sign via KPMG
Street Talk understands National Mini Storage’s earnings have stabilised between $25 million and $30 million.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Business Person of the Year
‘Focused, consistent’: How milk bar kids built $30b Chemist Warehouse
Chemist Warehouse founders Mario Verrocchi and Jack and Sam Gance have been named joint Business Person of the Year, alongside AirTrunk’s Robin Khuda.
- Anthony Macdonald
