Latest news with #StreetTalk
AU Financial Review
11-07-2025
- Business
- AU Financial Review
Johns Lyng agrees to $1.3b takeover bid from private equity suitor
Johns Lyng Group says it has agreed to sell itself to Pacific Equity Partners in a deal that values the building services business at $1.3 billion. The company had a market capitalisation of $719 million last month. That was before The Australian Financial Review 's Street Talk column revealed it had been approached by a private equity firm which had secured the exclusive right to conduct due diligence on the business, ahead of a formal bid.
AU Financial Review
03-07-2025
- Business
- AU Financial Review
Global edtech Keypath to sell APAC arm; appoints sell-side adviser
Remember Keypath Education, the ASX-listed edtech that was taken private by Chicago--based private equity firm Sterling Partners in September? Just 10 months later, Street Talk can reveal Sterling has brought in the bankers to help find a buyer for the $25 million-a-year Australia and Asia-Pacific arm of the business.
AU Financial Review
24-06-2025
- Business
- AU Financial Review
Scape signs biggest-ever direct real estate deal; buys Aveo for $3.85b
Craig Carracher and Stephen Gaitanos' Scape will sign a company-transforming deal to buy Brookfield-owned retirement living operator Aveo on Tuesday, marking one of Australia's largest-ever direct real estate transaction. Street Talk can reveal Scape, and co-investor South Korea's National Pension Service, have agreed to pay $3.85 billion on an enterprise valuation basis. As part of the deal, Scape will bring all its assets – including student living, build-to-rent and retirement living – under the combined brand The Living Company.
AU Financial Review
24-06-2025
- Business
- AU Financial Review
Scape to pay $3.7b for retirement living biz Aveo; NPS to-co-invest
Craig Carracher and Stephen Gaitanos' Scape will sign a company-transforming deal to buy Brookfield-owned retirement living operator Aveo on Tuesday, marking Australia's largest-ever direct real estate transaction. Street Talk can reveal Scape, and co-investor South Korea's National Pension Service, have agreed to pay between $3.7 billion and $3.8 billion on an enterprise valuation basis. As part of the deal, Scape will bring all its assets – including student living, build-to-rent and retirement living – under the combined brand The Living Company.
AU Financial Review
15-06-2025
- Business
- AU Financial Review
Frozen yoghurt sensation Yo-Chi opens private funding round; taps UBS
The hottest late-night food trend for Gen Z's could spell another tasty payday for Boost Juice co-founder Janine Allis. Street Talk understands investment bank UBS has launched a private funding round for Yo-Chi, the popular maker of frozen yoghurt desserts with more than 50 stores across Australia. The UBS veteran has clocked up more than 20 years at the bank across a wide range of senior roles. The two octogenarian founders of global commodities giant AMCI have had a bitter falling out, and it has paralysed one of Australia's most successful miners. See all UBS news
