M&A Deal Summary |
|
|---|---|
| Date | 2023-10-18 |
| Target | Serenitas |
| Sector | Real Estate |
| Buyer(s) |
Tasman Capital Partners
Pacific Equity Partners Mirvac Group |
| Sellers(s) |
Tasman Capital Partners
GIC |
| Deal Type | Add-on Acquisition |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Tasman Capital Partners is an independent private equity firm specializing in turnaround, leverage buy-out & buy-in, expansion capital and public to private investments in Australia and New Zealand. Tasman focuses on mid-sized opportunities where it can commit A$10 to A$50 million in transactions valued up to A$200 million. Broad areas of interest include financial services, healthcare, logistics, defense, retail and outsource services. Tasman will not invest in real estate, mining, or startups. Tasman is based in Sydney.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Real Estate M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: Australia M&A | 3 of 3 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-29 |
Serenitas
Sydney, Australia Serenitas is an home estate operator that provides affordable living solutions to senior Australians. Serenitas offers residents a vibrant, community-focused lifestyle and peace of mind, knowing their home is secure. Serenitas was founded in 2018 and is based in Sydney, Australia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 10.0B AUD |
| Size | Mega |
| Type | Sector Agnostic |
Pacific Equity Partner (PEP) is a private equity firm focused on buyout and late stage expansion capital investments in Australia and New Zealand. PEP typically partners with management teams in acquiring businesses and focuses on transactions valued up to AU$1 Billion. The Firm prefers control situations and typically holds investments for three to six years. PEP will not invest in start-ups or unprofitable businesses, as well as gambling or tobacco companies. Pacific Equity Partners was formed in 1998 and is based in Sydney, Australia. The Firm targets various industries.
| DEAL STATS | # |
|---|---|
| Overall | 35 of 37 |
| Sector: Real Estate M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: Australia M&A | 25 of 27 |
| Year: 2023 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-28 |
iNova Pharmaceuticals
Singapore, Singapore iNova Pharmaceuticals is a developer and marketer of over-the-counter and prescription medicines. iNova Pharmaceuticals was founded in 1958 and is based in Singapore. |
Sell | $1.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-22 |
ATOM Group
Kewdale, Australia ATOM Group is a distributor of industrial and safety supplies into the resources, defence, manufacturing and infrastructure sectors. ATOM Group is based in Kewdale, Australia. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1972 |
| Sector | Real Estate |
| Employees | 1,651 |
| Revenue | 2.4B AUD (2025) |
Mirvac is an integrated real estate group operating across residential development, commercial offices, industrial assets, retail property, and build-to-rent. The Company is involved in development, investment, and asset management, creating mixed-use precincts and sustainable urban environments. Mirvac was founded in 1972 and is headquartered in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Real Estate M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: Australia M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Tasman Capital Partners is an independent private equity firm specializing in turnaround, leverage buy-out & buy-in, expansion capital and public to private investments in Australia and New Zealand. Tasman focuses on mid-sized opportunities where it can commit A$10 to A$50 million in transactions valued up to A$200 million. Broad areas of interest include financial services, healthcare, logistics, defense, retail and outsource services. Tasman will not invest in real estate, mining, or startups. Tasman is based in Sydney.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Real Estate M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| Country: Australia M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-29 |
Serenitas
Sydney, Australia Serenitas is an home estate operator that provides affordable living solutions to senior Australians. Serenitas offers residents a vibrant, community-focused lifestyle and peace of mind, knowing their home is secure. Serenitas was founded in 2018 and is based in Sydney, Australia. |
Buy | - |
GIC Private Ltd. is the investment arm of Singapore. The Group primarily invests through three investment groups, including public markets, private equity and real estate. GIC's private equity practice looks to invest in funds as well as directly in companies. GIC is based in Singapore with additional offices globally.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 15 |
| Sector: Real Estate M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 5 of 5 |
| Country: Australia M&A | 1 of 1 |
| Year: 2023 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-07 |
Biotrop
São Paulo, Brazil Biotrop is an ag-tech focused on biologicals and natural sustainable solutions for agriculture. As the result of the dedication of a select group of professionals passionate about agribusiness, the company offers the most high-tech biological inputs to growers. Biotrop was founded in 2018 and is based in São Paulo, Brazil. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-01 |
Techem
Eschborn, Germany Techem specializes in smart and sustainable solutions for the real estate industry, focusing on energy efficiency and decarbonization. Techem provides digital services that help reduce energy consumption, improve water management, and increase resource conservation across properties. Techem's comprehensive offerings include remote monitoring systems for heating and water, wireless smoke detectors, and solutions for enhancing energy efficiency in buildings. Techem was founded in 1952 and is based in Eschborn, Germany. |
Buy | €6.7B |
