Private equity backed timber and building products manufacturer and distributor Big River is headed to the ASX-boards in an underwritten initial public offering via Taylor Collison.
Australia's fastest-growing startup has benefited from a slowing economy where businesses are keen to cut operating costs.
LEDified, whose $34 million revenue in 2015-16 is the highest of any company to have commenced trading since 1 July 2012, provides light-emitting diode (LED) lighting to corporations. After 16,000 installations its co-founder and chief executive Suren Chandrajit said LED lights, which are more energy-efficient but more expensive than the halogen lights they usually replace, had paid for themselves after an average 14.1 months.
Language and search services provider Appen has increased its revenue by 62 per cent to $82.7 million for the 2015 full year on the back of customers converting from pilot programs to paying users.
Diversified building products company, Big River Group, today announced the purchase of the business by Big River Industries, a company owned by Anacacia Capital and the Big River senior management team.
After over 100 years ownership in the founding Pidcock family, the business is strongly positioned for the next stage of growth, and the new ownership structure best facilitates this.
K Care Healthcare Equipment and Mobile Repairs / Victorian Home Health Equipment (Mobile Repairs) is pleased to announce their partnership. The transaction became effective in early February 2016.
Here's some food for thought for those hedge funds and day traders pulling their hair out after another shocking day for market debutants.
Contrary to popular opinion, private equity-backed floats, and particularly those at the smaller end of the market, have fared well for punters this year.
Strong customer growth from web search, social media and eCommerce businesses has pushed language and search data services company Appen's net profit after tax up 28 per cent to $2.68 million for the first half.
Australia’s small and medium-sized enterprises are increasingly seeking capital to grow, with private equity firm Anacacia Capital seeing more than 500 opportunities over the past year.
Private equity firm Anacacia Capital has taken a majority stake in LEDified Lighting, chaired by former Victorian premier Jeff Kennett, which will help triple the company’s revenue as it aggressively grows.
RUSSELL Kavnat is off to New York to enhance the business leadership skills that have seen him drive a tenfold increase in his printing business.
PRIVATE equity company Anacacia Capital has raised $30 million to start a new fund to invest in listed small to medium enterprises.
Last year was the strongest for initial public offerings on record and the 5 per cent rise in debutante Appen indicates the window for new listings, particularly in the technology sector, remains open at the start of 2015.
Emerging-company-focused private equity firm Anacacia Capital will make its first foray into sharemarket investing with a fund targeted at listed small companies.
Private equity company Anacacia Capital is hoping to repeat its successful exit of a baby-food manufacturer last year with its latest investment in Australian dip manufacturer Yumi's Quality Foods.
Anacacia Capital Bolsters Portfolio with Two New Businesses
International consumer products group PZ Cussons has acquired Australian premium baby food brand Rafferty’s Garden Pty Ltd for AU $70 million.
Home Appliances sold to McPherson's in Another Successful Sale for Anacacia
Three Anacacia Companies in BRW Fast 100
Australian private equity fund Anacacia Capital is poised to raise up to 150 million Australian dollars (US$156.5 million) for its second fund.