Allegro Funds Pty Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Allegro Funds Pty has invested in 1 company.

Allegro Funds Pty’s most common sectors for investment are healthcare services (28%) and business services (19%). The Firm’s most common investment types include buyout (lbo, mbo, mbi) (64%) and divestiture (19%). In total, Allegro Funds Pty has invested in 2 different countries. Its largest (disclosed) acquisition occurred in 2015 when it acquired Great Southern Rail for $20M.

The Firm’s most common exit type is secondary buyout (50%).

Join Mergr to view Allegro Funds Pty’s full profile and discover more small private equity firms just like it.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity11
    • M&A Sell Activity4
  • Total Sectors Invested 7
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 7
  • M&A Advisors 2

Allegro Funds Pty Ltd

Allegro Funds Pty Ltd Level 1, Plaza Building 95 Pitt Street,
Sydney, 2000
Australia
+61 2 8228 8700
www.allegrofunds.com.au
enquiries@allegrofunds.com.au

Allegro Funds is an independent private equity firm focused on mid-sized investment opportunities in Australia and New Zealand. The Firm will consider investing in businesses needing capital for growth, management buyouts, as well as more complex turnarounds and restructurings. Allegro's target investment size is A$10 to A$50 million in transactions valued up to A$300 million. Allegro is a generalist investor, however the Firm will not invest in property development, agriculture, or mining/exploration. Allegro Funds was formed in 2004 and is based in Sydney.


Investment Criteria

Sectors of Interest: Financial Services, Healthcare Services, Leisure, Retail

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Special Situations/Distressed

Geographic Preferences: Australia/New Zealand

Transaction Criteria Min Max
Target Revenue 50 -
Target EBITDA - -
Investment Size 10 50
Enterprise Value - 300
values in millions of AUD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.2/yr) # 10 - - - 1 - 11
vol $20M $20M
Sell (0.0/yr) # 4 - - - - - 4
  15

Most Recent M&A

Company Date Value Type
Questas Corporate Pty Ltd. 2019-06-19 - Growth Capital
Seven Hills, Australia · www.questas.com.au
TSC Group Holdings Pty Ltd. 2015-09-11 - Add-on Acquisition
Wellington, Australia · www.cowleyservices.co.nz
Great Southern Rail Ltd. 2015-03-30 20M USD Divestiture
Keswick, Australia · www.greatsouthernrail.com.au
Custom Bus Australia Pty Ltd. 2014-08-01 - Buyout (LBO, MBO, MBI)
, Australia · www.custombus.com.au
I-MED Network Ltd. 2014-03-24 - Secondary Buyout
Sydney, Australia · www.i-med.com.au
Bluestone Group Ltd. 2014-01-28 - Secondary Buyout
Cambridge, United Kingdom · www.bluestone.co.uk
Mothercare Plc 2013-01-30 - Bankruptcy
Watford, United Kingdom · www.mothercare.com
TSC Group Holdings Pty Ltd. 2012-09-01 - Buyout (LBO, MBO, MBI)
Wellington, Australia · www.cowleyservices.co.nz
I-MED Network Ltd. 2012-03-01 - Divestiture
Sydney, Australia · www.i-med.com.au
Vulcanite Pty Ltd. 2011-10-25 - Buyout (LBO, MBO, MBI)
Regents Park, Australia · www.vulcanite.com.au
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Healthcare Services 1 (20%) - 3 (27%) -
Leisure 1 (20%) 20M (100%) 2 (18%) 20M (100%)
Business Services 1 (20%) - 2 (18%) -
Engineering 1 (20%) - 1 (9%) -
Financial Services - - 1 (9%) -
Manufacturing 1 (20%) - 1 (9%) -
Retail - - 1 (9%) -
Total 5 $20M 11 $20M

Acquisitions By Geo

State/Country Current # Value All-time # Value
Australia 5 (100%) 20M (100%) 9 (82%) 20M (100%)
United Kingdom - - 2 (18%) -
Domestic 5 (100%) 20M (100%) 9 (82%) 20M (100%)
Cross-border - - 2 (18%) -
Total 5 $20M 11 $20M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 3 (60%) - 7 (64%) -
Divestiture 1 (20%) 20M (100%) 2 (18%) 20M (100%)
Growth Capital 1 (20%) - 2 (18%) -
Total 5 $20M 11 $20M

Exits by Deal Type

Type Total # Value
Secondary Sale 2 (50%) -
Bankruptcy 1 (25%) -
Trade Sale - Public Company 1 (25%) -
Total 4 -

Top M&A Advisors

Financial Deals
PwC Corporate Finance LLC
 1
Legal Deals
Ashurst LLP
 1

Deal Values

buy # Total
< $100M 1 $20M
TOTAL $20M
Largest Great Southern Rail Ltd.
$20M (2015-03-30)

M&A Connections

Deals %
Acquired from
Strategic(s)
100%
2 100%
Exited to
PE Firm(s)
67%
2 67%
Strategic(s)
33%
1 33%

Investor Summary

Size

Small

PE Assets

180M AUD

Established

2004

Specialist/Generalist

Generalist

Leadership

Chester Moynihan

Founding Partner

Adrian Loader

Founding Partner

Nicole Connolly

Director

Robert Thorpe

Director

Johan Krynauw

Investment Director

 Subscribe to unlock this and 152,039
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 3.9K Private Equity Firms
  • 140K M&A Transactions
  • 148K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 41K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal