Australian golf icon Karrie Webb, Olympic basketballer Matthew Dellavedova and cricket star Mitchell Starc have taken a stake in electric golf buggy maker MGI, co-investing alongside mid-market private equity outfit Anacacia Capital.
The investment, first revealed by this column in July, will see the group come in alongside MGI’s family-led management team, refreshing the company’s register for the first time since it was founded in 1993.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
