Street Talk

Suitor tinkers with car parts business Bapcor; eyes on Bain Capital

Sarah Thompson, Kanika Sood and Emma Rapaport

Jun 10, 2024 – 6.56pm

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Bapcor’s three profit downgrades and 27 per cent share price decline in 12 months have an opportunistic suitor sizing up the $1.49 billion automotive parts retailer.

Paul Dumbrell, who was CEO-elect of Autobarn and Autopro owner Bapcor, but didn’t take the job. Darrian Traynor

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.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.