Yesterday
Shaw and Partners launch Gentrack block trade
The deal was priced at $5.97 apiece, a 5 per cent discount to the last close and a far cry from the $2.50 share price this time last year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Ex Goldman, Rothschild MD leads raise for logistics tech start-up
Sources said David Acton’s Yarra Private Capital Discovery Fund led the round alongside existing investors King River Capital and Jungle Ventures.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
Pinnacle-backed wealth platform OpenInvest finds a white knight
Street Talk understands the fintech has nipped its sales process in the bud after it received a vital capital injection from the Tayside Group.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Pension, sovereign wealth funds pile into TEG’s $1.1b dividend recap
Sources said Silver Lake had lined up the $1.1 billion from five lenders, all of whom signed on the dotted line this week.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Medical device company CathRx gathers fresh funds
Street Talk understands the global medical device company has ruled off a $4 million bridge round led by Acova Capital and Bioshore Capital Partners.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Loscam shareholders going around the auction block – once again
Sources close to discussions about a potential restarted sales process said the company is making between $100 million and $120 million in earnings.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Sigma’s 40pc pop: a FOMO story on a Chemist Warehouse scale
Too bad Chemist Warehouse came just as investors are winding down for Christmas. Can the FOMO survive the break?
- Anthony Macdonald
Rinehart-backed Arafura launches cash call, two brokers on ticket
Canaccord and UBS will oversee the equity raising.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Two exit Baker McKenzie’s capital markets team
Street Talk understands Transactional Practice Group partner Cécile Baume and special counsel Stephanie Glass have left the firm.
- Sarah Thompson, Kanika Sood and Emma Rapaport
HMC Capital opens back door to Sigma-Chemist Warehouse deal
Street Talk understands about 80 brokers tuned in for a lunchtime briefing from the asset manager on Wednesday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Arrow Minerals calls in Delta Lithium exec, taps Euroz for raise
Street Talk understands the miner has its broker Euroz Hartleys circulating term sheets to investors with a heavy-hitting new board and management team.
- Sarah Thompson, Kanika Sood and Emma Rapaport
David Di Pilla’s lucky streak at Sigma
Di Pilla’s HMC will emerge with a board seat and around 3 per cent of the new company, should the deal go through
- Sarah Thompson, Kanika Sood and Emma Rapaport
Aussie start-up banks $15m to build AI workers
The Funded blog is the home for news on the tech deals that are done in Australia, as soon as we hear about them.
- Updated
- Paul Smith
Atturra launches $50 million cash call to fund M&A
The offer price represents a 0.6 per cent premium to the last traded price.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Tom Rice and ‘Arms’ Rosenberg resurface with AI-powered hedge fund
Street Talk understands the pair have teamed up to launch Minotaur Capital Management – a new Sydney-based long-short global equity investment manager.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
How Chemist Warehouse’s backdoor deal passes ASX pub test
How do you backdoor list a big company that is majority owned by two founders and their families and still have enough free float? Now, we have the answer.
- Anthony Macdonald
Barrenjoey star banker jumps back to the buy side
Sources said Dean Fremder will join the investment management boutique Firetrail as an equity analyst in the new year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
4DMedical readies $30m-plus raising to fund offshore acquisition
Street Talk understands the medtech business is set to have its brokers Bell Potter and E&P round up investors at 79¢ per share.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Plenary Group seeks new backer; valuation up to $1b
Street Talk understands the public infrastructure developer and fund manager is seeking a new long-term investor to inject capital into its balance sheet.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Boss Energy’s M&A target revealed; $215m raise at 4.8pc discount
Street Talk understands the ASX-listed uranium developer is buying into a US uranium mine owned by Canada-listed Encore Energy.
- Sarah Thompson, Kanika Sood and Emma Rapaport