M&A Deal Summary |
|
|---|---|
| Date | 2021-04-21 |
| Target | Toll Global Express |
| Sector | Transportation |
| Buyer(s) |
Allegro Funds
Gordon Brothers Finance Co. |
| Sellers(s) | Toll Holdings |
| Deal Type | Divestiture |
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 | 22 of 27 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 5 of 7 |
| Country: Australia M&A | 19 of 23 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-12-01 |
Best & Less Group
Sydney, Australia Best & Less Group is made up of iconic retail brands that include Best & Less and Postie (NZ). The two brands together operate over 250 stores across Australia and New Zealand and employ over 4,000 employees. Best & Less Group is based in Sydney, Australia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-26 |
Best & Less Group
Sydney, Australia Best & Less Group is made up of iconic retail brands that include Best & Less and Postie (NZ). The two brands together operate over 250 stores across Australia and New Zealand and employ over 4,000 employees. Best & Less Group is based in Sydney, Australia. |
Sell | - |
| Category | Lender |
|---|---|
| Founded | 1903 |
| PE ASSETS | 500M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
GB Merchant Partners (GB) is the private investment arm of the Gordon Brothers Group. GB looks to make traditional private equity investments as well as provide structured loans and acquire secondary debt instruments. Within private equity, GB seeks investments in all segments of the consumer products and services sectors, including retail, distribution, wholesale, licensing and manufacturing. Target companies 'usually have meaningful brand equity, or a product or service that is capable of creating a leading and defensible market position'. Prospective transactions include management buyouts, growth capital financings, as well as restructurings or turnarounds. GB is based in Boston with an additional office in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 23 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 4 of 4 |
| Country: Australia M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-04-23 |
Laura Ashley
Newtown, United Kingdom Laura Ashley is a retail, wholesale, licensing, and franchising business selling both home furnishings and fashion products. With an eye for delivering quintessentially British goods with a modern flair, the brand developed a passionate following which has allowed it to maintain its relevance regardless of the way the winds of fashion have blown. Laura Ashley Holdings is based in Newtown, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-12 |
Durkin Group
Liberty Corner, New Jersey, United States Durkin Group is a professional services firm providing financial due diligence, field examination, accounting, and auditing to lenders, investors, and middle-market companies. Durkin Group is based in Liberty Corner, New Jersey. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1888 |
| Sector | Transportation |
| Revenue | 8.8B AUD (2014) |
Toll Holdings Ltd. operates an extensive global logistics network across 1,200 locations in more than 50 countries. The company provides a diverse range of transport and logistics solutions covering road, air, sea, and rail to help customers meet their global supply chain needs. Toll Holdings was formed in 1888 and is based in Melbourne, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Transportation M&A | 1 of 2 |
| Type: Divestiture M&A Deals | 1 of 2 |
| Country: Australia M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-03 |
Deeson Heavylift
Mackay, Australia Deeson Heavylift is a highly regarded reputation and expertise of a specialist heavy haulage company and an extensive fleet of 100 pieces of specialised equipment. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-02 |
Cargo Services
Hong Kong, China Cargo Services is a foreign logistics service provider that offers extensive portfolio of solutions such as origin purchase order management, ocean freight, air freight, and warehousing for a diverse range of sectors. This includes sophisticated supply chain management services for retail and high-fashion customers in the US, UK, Europe, South Africa, Australia and New Zealand. Cargo Services was formed in 1989 and is based in Hong Kong. |
Sell | - |
