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Johns Lyng Group raising $65m to fund acquisitions, JPMorgan on ticket

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Property services business Johns Lyng Group was expected to launch a $65 million raising on Wednesday morning to bankroll two acquisitions for its strata management business.

Scott Didier likes PE-owned Smoke Alarms Australia. Paul Jones

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

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Original URL: https://www.afr.com/street-talk/johns-lyng-group-raising-65m-to-fund-acquisitions-jpmorgan-on-ticket-20230705-p5dlt6