M&A Deal Summary |
|
|---|---|
| Date | 2017-11-30 |
| Target | Contract Resources |
| Sector | Business Services |
| Buyer(s) | Anchorage Capital Partners |
| Sellers(s) | Hellaby Holdings |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 810M AUD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Anchorage Capital Partners is a specialized private equity firm that focuses on control investments in established businesses with a strong market position or brand which are not performing at their full potential, often as a result of capital constraints, lack of management attention or being a non-core ‘orphan’ in a large corporate. Target companies generally have at least A$100 million of revenue and are valued up to A$250 million. Anchorage will consider companies in a variety of sectors, however, the Firm avoids investing in technology, direct real estate or mineral exploration. The Firm will consider opportunities throughout Australia, New Zealand, and Southeast Asia. Anchorage Capital Partners was established in 2008 and is based in Sydney.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 25 |
| Sector: Business Services M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 5 of 7 |
| Country: Australia M&A | 13 of 17 |
| Year: 2017 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-09-01 |
TJS Services Group
Sydney, Australia TJS Services Group is a provider of facilities maintenance and cleaning services for customers across Australia. The business provides services to customers in the government, hospitality, education, healthcare, corporate and entertainment sectors. TJS directly employs over 400 staff and is headquartered in Sydney, Australia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-01 |
Acrow Formwork & Scaffolding Pty
Revesby, Australia Acrow Formwork & Scaffolding Pty Ltd. operates a national network of scaffolding and formwork solutions branches, including the industry standard Acrow brand in formwork and Cuplock in scaffolding, consisting of 11 scaffolding branches, four formwork branches, and three dual formwork and scaffolding hybrid branches across Australia. The company presently holds the number three position in the overall Australian scaffolding market. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1980 |
| Sector | Retail |
| Employees | 3,000 |
| Revenue | 734M NZD (2014) |
Hellaby Holdings Ltd. operates in industrial, distribution, and retail businesses in New Zealand, Australia, and internationally. Hellaby has one business in the Resources Services sector, providing highly specialised and technical industrial services including catalyst handling, mechanical services and specialised cleaning for major oil, gas, petrochemical and heavy industrial customers in four key regions around the world.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Australia M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-28 |
Elldex Packaging
Auckland, New Zealand Elldex Packaging Ltd. is a manufacturer and importer of HDPE and LDPE flexible plastic packaging. |
Sell | - |
