Bain Capital sells stake in Boost Juice, Betty’s Burgers parent in a deal worth $350 million
Bain Capital has sold its stake in Retail Zoo — which operates Boost Juice and Betty’s Burgers — to private equity firm Admantem Capital.
How David Jones went from Australia’s top luxury retailer to the latest private equity pick-up
David Jones' South African owners Woolworths Holdings has agreed to sell the luxury retailer to Australian private equity firm Anchorage Capital Partners, eight years after splashing out $2.15 billion on the business and struggling to turn its fortunes around.
Back to basics: Private equity and venture capital fundamentals
Understanding these differences and when you might need either funding source is vital for any founder looking to raise capital for their venture.
Adam Schwab: Nitro rejects $400 million Potentia offer despite rising costs and recorded losses
The problem for Nitro is that while founder Sam Chandler has built a respected business in a highly competitive sector, it has no real competitive advantages.
As Four’N Twenty ownership heads overseas, here’s a list of iconic Australian brands now out of local hands
Four’N Twenty pies, Nanna’s baked goods, and Lean Cuisine ready meals have been sold to Hong Kong-based investment firm PAG, marking the latest round of household Aussie names to come under foreign ownership.
ANZ reportedly eyeing a stake in MYOB as the business banking arms race continues
Accounting platform MYOB is staying mum after reports the bank is considering acquiring a stake in the firm.
Adam Schwab: Shein’s US$1 billion raise shows private equity firms are still going strong, pandemic or not
E-commerce operator Shein raised US$1 billion at a staggering US$100 billion valuation this week, which is astonishing for a fast fashion online business based out of China.
Seeking private capital? Here are five things you should know about your investor
The first step is to understand what motivates private investors; the second is to design an investment solution that fits their growth strategy and risk appetite.
Adore Beauty’s Kate Morris launches new private equity firm Glow Capital Partners
The growth equity firm will be launched with Justin Ryan, who has previously worked with Adore Beauty and was most recently at Quadrant Private Equity.
“The old sucker trade”: What the implosion of Nuix can teach investors about IPO listings
Adam Schwab says the more pertinent revelation about Nuix was the horrific performance of the company prior to the IPO.
L Catterton pitches Seafolly rescue deal after administrators slash costs
The private equity firm behind Seafolly has secured administrator support for a deal to regain control of a slimmed down version of the company.
‘An act of business bastardry’: Big business keeps squeezing small suppliers on payments in face of COVID-19
Small Business Minister Michaelia Cash has warned big businesses the COVID-19 pandemic is no excuse for delaying payments to small suppliers, but that is not stopping some companies.
