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.
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.
Overseas Trade Sale to Generate Strong Return
Small business specialist Anacacia Capital is set to achieve a strong return after negotiating the sale of Lomb Scientific (Aust) Pty Ltd to international trade buyer Thermo Fisher Scientific Inc (NYSE:TMO).
Anacacia Capital has received an award from the Australian Private Equity and Venture Capital Association for its investment into Lomb Scientific.
A vehicle launched by Australia’s Anacacia Capital has been named the top performing fund globally by Pensions and Investments magazine.
Australian linguistic technology business Appen has joined with the Butler Hill Group as it positions itself to win more international contracts.
Senior management of natural baby food company Rafferty’s Garden and private equity firm Anacacia Capital and Saleslink Australasia are investing in Rafferty’s Garden in a management buyout.
A year after a sizeable external investment, a kitchen appliance business has made its first acquisition.
Private equity firm Anacacia Capital invested an undisclosed sum last July in a new company, Home Appliances, with ownership split between Anacacia, the Varvaressos family and managing director Owen Morgan.
Private equity fund Anacacia Capital has invested in language technology company Appen.
Private equity firm Anacacia Capital has invested an undisclosed sum in Home Appliances to help the family-owned business expand and plan for its management succession.
How do business owners find the right private equity partner?
Different private equity firms focus on different sorts of businesses although there are some common themes. While Australians often use the terms venture capital and private equity interchangeably, venture investors will usually look more at early stage businesses whereas private equity investors will usually look at more mature, established, businesses.
Private equity can help management teams to acquire businesses from founders through management buyouts (MBOs). The new capital structure can then help those businesses to grow organically or by acquisition. Examples include ACL (Australian Centre for Languages), Netti and Godfreys.
Lomb Scientific, a supplier of laboratory consumables, chemicals and instrumentation to the scientific community, has announced an investment by Anacacia Capital through its private equity fund specialising in SMEs.
Norwest Productions Pty Limited, one of Australia's largest professional audio service providers, has announced a major investment by Anacacia Capital, through its boutique private equity fund specialising in SMEs.
Jeremy Samuel, formerly director of private equity at ANZ Capital, has formed a new private equity firm that will target the small to medium enterprise (SME) market.