Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement

Capital raising

Yesterday

Shaw and Partners was selling shares in tearaway software maker Gentrack on Tuesday after-market.

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
Former Goldman Sachs and Rothschild equity capital markets banker David Acton leads Yarra Capital Management’s private markets strategy.

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

Andrew Varlamos founded Pinnacle-backed wealth administration platform OpenInvest in 2017.

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
Christmas has come early for Ticketek owners, Silver Lake and Mercury Capital.

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 is seeking to meet global demand for its diagnostic catheters.

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
Advertisement
Loscam has previously attempted to hive off its Australian business via Goldman Sachs and UBS.

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
Sigma’s deal suggests bulls are running and will have bankers ready to start the new year with a bang.

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
Arafura managing director Gavin Lockyer.

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
Baker McKenzie partner Cécile Baume has left the firm.

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
Chemist Warehouse has grown into one of the largest retailers in the country and will list on the ASX through Sigma Healthcare.

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
supplied

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
An “extraordinary” $2 billion raised this year: David Di Pilla

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
tephen Kowal CEO of Atturra and Chris McLaughlin Ceo of Cirrus Networks, Atturra has just acquired Cirrus.

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
Thomas Rice

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
Advertisement
Chemist Warehouse’s deal to list via Sigma Healthcare is due to be signed in coming days.

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 founding principal Dean Fremder.

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
4D Medical founder and CEO Dr Andreas Fouras.

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 CEO David Lamming.

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
Uranium spot prices have crept up to 12-year highs.

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