Investors in Macquarie’s Bingo Industries may have had a terrible week with a three-notch downgrade from Moody’s, but the dealmakers at UK buyout firm Livingbridge were grinning ear to ear as first-round bids landed for Waste Services Group.
Livingbridge bought Waste Services Group from The Riverside Company and The Silverfern Group in 2021. AP
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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