Latest Private Equity News

HMC Capital reported a robust FY25 with a 51% rise in operating EPS and a 47% jump in assets under management to $18.7 billion, driven by expansion across multiple funds management divisions.

HMC Capital has reported a record FY25 with pre-tax operating earnings soaring 74% and EPS up 51%, driven by strong asset growth and diversified platform success. The company sets a confident FY26 outlook targeting sustained organic growth and stable dividends.

Spark New Zealand is selling 75% of its data centre business to Pacific Equity Partners for up to $705 million, aiming to accelerate capacity expansion amid rising cloud and AI demand.

Santos Limited has agreed to extend the exclusivity period with the XRG Consortium, allowing more time to finalize due diligence for a potential A$8.89 per share cash takeover. The extension keeps the door open for competing bids, maintaining shareholder options.

Iress Ltd confirms early-stage discussions with Blackstone and Thoma Bravo amid acquisition speculation, following a withdrawn A$10.50 per share offer from Blackstone.

WT Financial Group reports robust FY2025 growth driven by a scalable adviser network and a strategic joint venture with Merchant Wealth Partners, positioning itself for further consolidation in Australia’s financial advice sector.

WT Financial Group and its joint venture Investco have incorporated two new 'Hubcos' to consolidate advisory firms and pursue strategic acquisitions, marking a significant expansion in their financial advice platform.

FirstWave’s Q4 FY25 update reveals a slight revenue decline but highlights a strategic AWS partnership and new chairman appointment, signaling a pivotal growth phase.

FBR Limited has locked in a A$20 million share subscription facility with GEM Global Yield LLC, providing flexible capital to advance its innovative robotics platforms and commercialisation efforts.

WAM Alternative Assets Limited has announced a 15.4% increase in its fully franked final dividend for FY2025, reflecting robust portfolio gains and a confident outlook under Wilson Asset Management's stewardship.

WT Financial Group has reported a strong 21% increase in underlying net profit before tax for FY2025, driven by robust revenue growth and improved operational efficiency. The company also announced a new joint venture aimed at fueling future expansion.

Brickworks Limited and Washington H. Soul Pattinson have unveiled plans to combine under a newly capitalised ASX-listed entity, Topco, aiming to simplify their complex cross-shareholding and unlock shareholder value. Shareholders are set to vote on the scheme in September, with the merger expected to enhance liquidity and deliver dividend accretion.