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Macquarie Infrastructure circles Adamantem’s laundry business

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It’s all hands on deck at Adamantem Capital, the Sydney-based private equity shop that’s trying to take ASX-listed recycling business Close the Loop private.

Street Talk understands one of Macquarie Infrastructure’s entities is weighing an acquisition of one of its other portfolio companies, commercial laundry service business Linen Services Australia, which has been up for sale via Lazard.

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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/macquarie-infrastructure-circles-adamantem-s-laundry-business-20241217-p5kyzy