Infomedia Ltd shares will halt trading following the Supreme Court of NSW's approval of a takeover scheme by a TPG Capital-backed entity. This marks a pivotal moment for the software company as it transitions to private ownership.
- Infomedia Ltd shares suspended from ASX trading
- Supreme Court of New South Wales approves acquisition scheme
- McQueen BidCo Pty Ltd, linked to TPG Capital, to acquire all shares
- Acquisition signals shift to private ownership for Infomedia
- Details of post-acquisition plans remain undisclosed
Court Approval Seals Infomedia's Takeover
On 21 November 2025, Infomedia Ltd (ASX, IFM), a notable player in the technology software and services sector, saw its shares suspended from trading on the Australian Securities Exchange. This suspension follows the lodgement of orders by the Supreme Court of New South Wales, which approved a scheme of arrangement facilitating the company's acquisition.
The acquiring entity, McQueen BidCo Pty Ltd, is owned by an investment holding company based in Singapore and managed or advised by TPG Capital (S) Pte. Ltd., a global private equity firm. This move effectively transfers all issued shares of Infomedia into private hands, marking a significant transition for the company and its shareholders.
Implications for Infomedia and Investors
The suspension of Infomedia's shares is a standard procedural step following such court-sanctioned acquisition schemes. For investors, this means an end to public trading of IFM shares and a shift in how the company will be governed and operated going forward. While the announcement confirms the acquisition's legal approval, it leaves several strategic details under wraps, including the future direction under TPG Capital's stewardship.
Infomedia's technology focus and established market presence make it an attractive asset for private equity, which often aims to drive growth and operational efficiencies away from the public eye. This acquisition could herald new investments in product development or expansion, though such plans have yet to be disclosed.
Looking Ahead
With the acquisition now legally approved and trading suspended, attention will turn to the integration process and any forthcoming announcements from both Infomedia and McQueen BidCo. Market watchers will be keen to see how this ownership change impacts Infomedia's competitive positioning and financial performance in the medium term.
Bottom Line?
Infomedia’s shift to private ownership under TPG Capital sets the stage for a new chapter, one investors will watch closely.
Questions in the middle?
- What strategic changes will TPG Capital implement post-acquisition?
- How will Infomedia’s product roadmap and market focus evolve under private ownership?
- What are the financial terms and valuation details of the acquisition scheme?