Latest Acquisition Funding News

Civmec Limited has agreed to acquire Luerssen Australia for AUD 20 million, a move set to consolidate its position as a sovereign Australian shipbuilder and enhance its capabilities in naval vessel production.

FOS Capital has completed its acquisition of Aldridge Traffic Systems, backed by a $3.7 million placement, marking a strategic expansion in the Australian lighting market.

NEXION Group has issued 800,000 convertible notes to raise $80,000, aiming to fund costs related to a proposed acquisition. The notes carry a 10% interest rate and may be repaid in cash or converted into shares and options, pending shareholder approval.

Babylon Pump & Power is set to acquire Blue Hire, expanding its rental fleet and market reach in Western Australia, while extending its retail entitlement offer deadline to June 13.

Eureka Group Holdings has acquired Barrier Reef Tourist Park in Cairns for $3.5 million, targeting strong rental yields and development upside amid regional growth.

betr Entertainment has successfully closed the retail portion of its $130 million equity raise, securing funds to advance its strategic acquisition of PointsBet Holdings.

Raptis Group Limited has completed a $225,000 private placement and launched a fully underwritten $1.75 million entitlement offer, aiming to expand its property management portfolio with a possible Broadbeach acquisition.

Eureka Group Holdings has acquired the Burrum River Caravan Park on Queensland’s Fraser Coast for $5.3 million, targeting a strategic expansion of long-term rental accommodation amid regional housing pressures and infrastructure growth.

Cullen Resources Limited reported significant progress in its gold exploration portfolio for the March 2025 quarter, including exercising an option to acquire 90% of the Yardilla Project and planning extensive drilling campaigns across multiple joint ventures.

Wingara Limited has entered an exclusive agreement with Terra Firma Limited to explore and acquire meat industry businesses, securing $750,000 in initial funding. Trading on the ASX is suspended pending re-compliance and relisting.

Praemium Limited has announced that no earn out payment is due for the first period following its acquisition of the OneVue Platform Business, as funds under administration fell below the $3 billion threshold. Despite client terminations, the company remains confident in its earnings and synergy targets.

Coolabah Metals Limited is undertaking a $3-4 million capital raise to fund the acquisition of Broken Hill Mines Pty Ltd and its subsidiary, aiming to re-list on the ASX and focus on developing the Rasp and Pinnacles Mines.