Today
Blackbird leads fund-raising round for EV ultra-fast charging start-up
NZ start-up Kwetta is chasing global growth after banking equity cheques from Blackbird, Virescent Ventures and Icehouse Ventures.
- 29 mins ago
Yesterday
Tanarra Capital readies $400m exit at SaaS business Health Metrics
Sources said as a growing SaaS player, Health Metrics could be valued at between 6-times to 8-times revenue. That’s as much as $400 million.
Private credit player GCI debuts corporate loan series with $100m fund
Fund 1 will seek $5 million to $50 million mid-market corporate lending deals and has already closed its first $28.3 million investment.
Square Peg kiboshes writedown provisions as portfolio breaches $5b
About $US220 million or 40 per cent of the uplift Square Peg recorded for 2024 came from five exits including Canva. But the rump of the uplift is a mystery.
Former JPMorgan ECM co-head to lead quant fund manager
The seasoned banker has joined boutique quantitative fund manager East Coast Capital Management as its chief executive.
This Month
Earlypay hits the auction block with major shareholder’s blessing
Should Highbury succeed in finding a buyer, it would mark the end of Earlypay’s 25-year-run on the ASX board.
Peabody boss in Japanese charm offensive for $US3.8b Anglo coal deal
There’s plenty of work still going around in the blockbuster deal, between the Japanese minorities and external bidders waiting for any further selldowns.
Wealthy families, Macquarie hop on Databricks $24bn financing
The round, which values Databricks at $US62 billion, was led by Temasek, Macquarie Capital and Qatar’s sovereign wealth fund QIA. Meta also joined as a strategic investor.
Top doctors tip into AI medtech capital raising
The raise was led by Chris O’Brien Lifehouse chief executive and oncologist Michael Boyer and leading orthopedic surgeon Michael Solomon.
UBS equities syndicate exec jumps to Morgans
Tim Usasz will report to Morgan’s head of corporate advisory Rob Douglas
Shot in the arm: Wilsons Advisory unveils new hires in healthcare
Wilsons has recruited former MST Financial operative, Dr Bryan Tan, as head of healthcare in corporate finance and Rita Fung as a healthcare analyst.
It’s beer o’clock as craft brewers White Bay and Hawkers team up
The new group, dubbed Social Drinks, will hit the ground running on February 1 with an additional $1.5 million in the bank.
Fire drill at battered casino owner Star Entertainment as FTI meets lenders
FTI is understood to have briefed the lender group on how a VA could play out for Star as well as for the banks and credit funds with more than $400 million on the line.
Bone appetite! $1b-plus sellside gig for Real Pet Food Co on offer
Street Talk understands private equity-backed Real Pet Food Company has issued requests for proposals to investment bankers.
Show me the money: JPMorgan’s bonus season cheers up bankers
Sources said early signs suggest it would be highly unusual if JPMorgan’s compensation doesn’t rank as top-quartile compared to local rivals – again.
Ownership shakeup at $2b Kiwi poles-and-wires owner Powerco
Should Dexus succeed in buying the Powerco stake as expected, it would be a stunning comeback for the ASX-listed player after being rebuffed last year.
Edtech Pathify clinches $180m valuation after ruling off funding round
Bombora-backed Pathify has raised $US25 million through primary funding and a secondary share sale.
Realm IPO: $100m raised in cornerstone book
The trust will be among the first of a string of private credit-focused investment funds expected to be listed this year.
Market darling Adisyn kicks off equity raising; hires three brokers
The 2D Generation deal cemented Adisyn’s entry into the semiconductor sector.
Star’s lenders bring in gun restructuring lawyer as casino risks collapse
The decision to hire Nikki Smythe is understood to have been driven by Deutsche Bank, which is shaping up as a key player in deciding Star’s future.
