Street Talk

Office supplies giant Winc flaunts billion-dollar revenue; sale flyer out

Sarah Thompson, Kanika Sood and Emma Rapaport

Mar 25, 2025 – 5.54pm

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Crack out a fresh notepad and sharpen your pencils, dealmakers! Preliminary sale materials are out for Australia and New Zealand’s largest B2B office supplies player Winc, and Street Talk’s got its hands on a copy.

Winc’s owner, Los-Angeles headquartered Platinum Equity, has mandated Goldman Sachs and Gresham Partners to run an auction for the old Staples Australia businesses, after whipping it into shape over the past eight years.

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.