M&A Deal Summary |
|
|---|---|
| Date | 2024-04-02 |
| Target | Nutun Australia |
| Sector | Business Services |
| Buyer(s) | Allegro Funds |
| Sellers(s) | Nutun |
| Deal Type | Divestiture |
| Deal Value | 120M USD |
SEARCH BY
| Category | Distressed Investor |
|---|---|
| Founded | 2004 |
| PE ASSETS | 4.8B AUD |
| Size | Large |
| Type | Sector Agnostic |
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$100 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.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 27 |
| Sector: Business Services M&A | 5 of 5 |
| Type: Divestiture M&A Deals | 7 of 7 |
| Country: Australia M&A | 23 of 23 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-08 |
Scyne Advisory
Canberra, Australia Scyne Advisory is a public sector specialist advisory firm focused on helping governments and their agencies build more resilient, secure, equitable and prosperous communities. Scyne Advisory is based in Canberra, Australia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-01 |
Everest Ice Cream
Reservoir, Australia Everest Ice Cream is a manufacturer and distributor of ice cream, gelato, sorbet and frozen desserts to the foodservice sector including ice creameries, cafes, restaurants, and institutions such as hospitals. Everest Ice Cream is based in Reservoir, Australia. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 2002 |
| Sector | Business Services |
| Employees | 3,965 |
| Revenue | 2.2B ZAR (2024) |
Nutun offers customer experience and credit lifecycle BPO solutions and inbound and outbound call center services. Nutun was founded in 2002 and is based in Sandton, South Africa.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Australia M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
