Drilling services company MTi Group has been sold by local private equity group Viburnum Funds, adding to a string of sales of local firms to global mining services giants.
A commitment to make a real difference to community mental health has propelled Masters & Co Psychology and Wellness to the top of 2019's Business News Rising Stars.
Financial services provider Pioneer Credit has raised $20 million from investors to fund the purchase of a $14 million debt portfolio, with long-term shareholder Banksia Capital selling its 9.75 per cent stake at the same time.
Perth retail chain Muscleworx is poised for national expansion after buying its major competitor and securing backing from private equity investor Banksia Capital.
SPECIAL REPORT: The recent sale and merger of two testing laboratories in Perth has allowed the vendors of each business to achieve very different outcomes.
Western Australian resources companies are increasingly looking to private equity players for funding as an alternative to traditional capital raisings, with more than $300 million in deals just this month.
Banksia Capital founding director Mark Dutton will not seek re-election as non-executive director of Mineral Resources at the company's annual meeting next month, with the board currently consideri
Private equity players are at the heart of a second major Perth-based food franchise deal within 12 months, with Malaysian private equity firm Navis Capital Partners reacquiring a majority stake in Dome Coffees at a price estimated to be at least $50 million.
A range of sophisticated and institutional investors have been named as some of the major shareholders in financial services firm Pioneer Credit following its $40.2 million IPO.
Perth-based financial services group Pioneer Credit is looking to raise more than $40 million with the sale of just over half the company through an IPO which will provide capital for the group to expand its debt purchasing.
Perth-based fast food chain Croissant Express has been acquired by a specialist investor in the quick service sector led by former Hungry Jack's CEO, Tim Tighe.
The $60 million sale of Cool Clear Water Group to UK-based Waterlogic does not just end a five-year merger and acquisition spree by the Western Australian company, it is also bookends the first investment-to-exit for private equity firm Banksia.
A UK-based business has swooped on Cool Clear Water Group, buying the Perth-based water purification and dispensing system distributor for $60 million.
The past year has been a whirlwind for businesses that have featured in the Rising Stars awards, with some rising to greater heights while others have faced major challenges.
EMPLOYMENT and training company Skill Hire is poised to step up its expansion, particularly through acquisitions, after securing the backing of private equity investor Banksia Capital.
