Yesterday
Forced smiles: Crescent Capital, Genesis get their fangs out
Pacific Smiles has been in a holding pattern since the dispute broke out.
This Month
Growth PE firm Whiteoak adds NDIS software provider
Whiteoak, a private equity firm founded by ex McKinsey & Co consultant Richard Whiteoak, has picked up a majority stake in Datanova.
Kogan, QBD on the scene at collapsed Booktopia
Booktopia also offers “unique” technology, website assets and systems, and wholesale sales channels into retail and educational markets for a would-be acquirer, sources noted.
Changes at the top: Brookfield promotes trio of local operatives
The Canadian private capital giant has elevated three of its long-serving senior staff: Sophie Fallman, Ruban Kaneshamoorthy and Danny Poljak.
Deutsche gets ball rolling at Public Hospitality recapitalisation
Street Talk understands a new $200 senior lending facility has been put in front of the group’s existing lenders.
MA Moelis tapped for $500m Contract Resources sale
The Australian energy and gas services play is controlled by Perth-based Viburnum Funds and global private equity firm SCF Partners.
Los Angeles turnaround expert to rival Allegro at Fletcher’s Tradelink
Street Talk understands Los Angeles-based private equity firm Pacific Avenue Capital Partners has thrown its hat in the ring.
ASX dog Domino’s Pizza a timely reminder for GyG
The downward slide of Domino’s Pizza is a sobering reminder of just how tough it is in the fast food franchise market.
Federation Asset Management gains Japanese foothold
The investment in Astris Advisory comes directly from Federation’s coffers and represents a big bet on the $US4.2 trillion economy and its asset management sector.
Deutsche Bank backs $210m Bendigo Hospital public-private refinance
Street Talk understands the German bank has come in as the project’s long-term lender, refinancing an existing bank syndicate.
Anacacia taps into the golf craze with MGI investment
Street Talk understands Anacacia’s Private Equity IV fund is seeking to acquire 80 per cent of family-run golf motorised buggy retailer MGI Golf.
Liontown in offtake deal to replace banks; eyes on POSCO
Sources said the company was close to announcing an offtake deal to replace those banks – with the South Korean steel manufacturer said to be involved.
West African Resources in $120m cash call; Euroz Hartleys on ticket
The 87.6 million new shares were offered to investors at $1.37 apiece.
Big lick of Spartan Resources shares trade, again
Street Talk spotted three trades in the West Australian gold explorer after Monday’s closing bell.
$200m-a-year Opal HealthCare courts buyers; Morgan Stanley hired
While it remains to be seen how much of the business will be on offer, a big enough cheque will no doubt get everyone on board.
Baby bump: Investors probe Baby Bunting’s surging share price
A simple explanation for the dramatic share price increase is it could finally be turning the corner after a very challenging period.
Liverpool Partners hires Macquarie Capital for Seisma sale
Diligence materials on Seisma, which makes close to $25 million in earnings, are in front of a small group of offshore strategics and local sponsors.
ASX aspirant Sable Rubber rules off pre-IPO raise
A data room is open with Sable targeting client technology investment funds for a future capital raise.
Cat Daddy time! How ARN, Southern Cross could resume merger dance
The obvious step is for ARN to approach Catalano and nut out a deal which would effectively see ACM assume Anchorage’s original position.
June
Deutsche Bank trades its Adgemis debt; kicks off Gemi talks
Street Talk understands major lender Deutsche Bank has traded positions in five assets to US private credit group Muzinich in recent weeks.