Pemba Capital Partners’ Aurizn has made its first bolt-on acquisition and installed a new chief executive as the defence technology company sets its sights on offshore expansion.
Street Talk understands Aurizn has purchased a majority interest in Brisbane-based governance advisory firm McR Defence from law firm McCullough Robertson. As part of the deal, McCullough Robertson partner Brett Sangster has been elevated to the top job and will see Aurizn through its next growth phase.
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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
