February
EV bus builder GoZero clinches $400m valuation; kicks off IPO campaign
Morgans and MA Moelis Australia have been appointed joint lead managers on the IPO and will be in the fast lane for a mid-2025 listing date.
November 2024
Intelligent Monitoring to acquire WA’s Dataline; raising $20m
In tandem with the $20 million raise, IMG’s largest shareholder, Hong Kong-based PE firm Black Crane Capital, was also seeking buyers for its 11 per cent stake.
October 2024
MA Money launches $500m RMBS deal
The deal comes a year after MA Money made its first securitisation, then the largest inaugural non-bank RMBS by a lender in Australia’s history.
September 2024
Redcape set to refresh pubs portfolio with $120m in deals
An unlisted pubs fund run by MA Financial had to freeze redemptions last year. But there’s some good cheer for its investors as funds flow again.
Grumpy about Accel-KKR’s bid, LiveHire investor courts rival bidders
Unhappy with Accel-KKR’s bid for LiveHire, M&A arbitrage fund Harvest Lane is shopping 18.31 per cent stake in the HR software business to rival bidders.
August 2024
Kinselas and The Courthouse on the edge amid $61m sale stoush
A fight between a high-flying pub investor and an investment bank has put the future of Sydney’s most iconic pubs under a cloud.
Why this global PE giant is backing a $1b bet on Aussie housing
The $120 billion private equity giant, Warburg Pincus, will back MA Financial’s new investment vehicle, which aims to help plug the housing sector’s funding gap.
MA Financial pens $1b deal with Humm financing vehicle
The investment bank and non-bank lender will acquire up to $1 billion in loans secured against a raft of assets from equipment to machinery.
June 2024
Great opportunity in hotels, but build-to-rent a ‘catchy title’: Pridham
Andrew Pridham says early in the recovery cycle is when you want to be buying alternative assets like accommodation and pubs, but returns are too low in build-to-rent.
May 2024
Ken Moelis on Trump, interest rates and Ozempic
The billionaire investment banker thinks Donald Trump has his nose in front in the US presidential race, and that could have ramifications for interest rates.
April 2024
Healthscope lenders add McGrathNicol to $1.6b debt restructuring
The advisory firm joins Houlihan Lokey in a quest to work out new terms for Brookfield’s private hospitals group.
March 2024
Brookfield’s Healthscope kicks off lender negotiations amid restructure
While it is early days yet, the situation is reminding sources of pet products business PetSmart’s recapitalisation in 2020.
February 2024
Yachting yields healthy returns for marina fund
A relative lack of supply of boating berths along the east coast is blowing in favour of marina landlords such as MA Financial, which is expanding its boatyards fund.
October 2023
Myhealth founder closes in on Crescent’s home doctor business
It is understood James Liang is working with MA Financial Australia on his tilt for 24-7 Healthcare.
MA Financial’s big shift raises two fascinating questions
While Andrew Pridham’s firm’s roots are in investment banking, its growth is being made possible by the disruption of the commercial banking sector.
MA Moelis taps new resources sector boss
The firm has lured Treadstone Resource Partners executive director Adam Bill as its new resource sector coverage lead.
Let us help you park that yacht: fund invests in two marinas
Although yachting may seem a luxury for some, marinas stack as a defensive asset class becase the supply of berths is significantly outstripped by demand.
September 2023
What Andrew Pridham learnt from 30 years of crises
The veteran banker says the current property downturn is nothing like the GFC or the early 1990s recession. But three key lessons from those periods apply.
More Redcape hotel sales to come, but pub values holding up
Since freezing its Redcape pub fund at the end of June, MA Financial has sold four hotels for a combined $73m. Several more will also be divested.
As good as pubs: MA Financial taps Toga veteran for $1b hotel push
A seed acquisition of a major CBD hotel is expected before the end of the year, says MA Financial chief executive Julian Biggins.