Photo credit: den99
Nice to discover that people still read this blog! I've been asked whether there have been any private equity exits in Australia/NZ this year.
The answer is, yes, a few, but half of them have been secondaries to other PE firms. The Australian IPO market is virtually closed for business which has probably delayed a number of highly anticipated portfolio company sales (Manassen Foods and REDgroup Retail spring to mind).
I could only come up with seven PE exits. Have I missed any?
| Exit | Private Equity Firm |
| SCADAGroup | Advent Private Capital |
| KraMar Pets | AMP Private Equity |
| Neller | ANZ Private Equity |
| Study Group | CHAMP Private Equity |
| Mastermyne | CHAMP Ventures |
| ATF | Quadrant |
| WorldMark | RMB Capital Partners |
Loscam by Affinity
Posted by: Craig | July 15, 2010 at 09:00 PM
Good catch Craig!
Understand it was a great result for Affinity. According to the press, the Chinese paid about 3x the amount DB Capital got for Loscam back in 2005.
Posted by: GP | July 16, 2010 at 09:37 PM