Latest Private Equity News

Argent Minerals appoints mining veteran Mike McKevitt as CEO to spearhead advancement of its flagship Kempfield Silver Project and evaluate growth across gold and copper assets.

XPON Technologies is selling its Google Marketing Platform and Cloud Platform business to Incubeta for an initial A$5.5 million cash plus up to A$2 million earn-out, aiming to accelerate growth in its Wondaris AI Marketing Platform and fund AI-focused acquisitions.

Microba Life Sciences secures $5 million in a placement led by Sonic Healthcare to fund its push towards cashflow break-even by 2027, backed by strong diagnostic sales and AI-driven efficiencies.

oOh!media is actively engaging with several financial sponsors, including Bain Capital, Pacific Equity Partners, and I Squared Capital, over potential change of control deals, having received conditional non-binding indicative offers.

Australian Clinical Labs appoints Greg Horan as Group CEO effective August 2026, marking a leadership transition after a decade under Melinda McGrath. Horan’s healthcare and operational expertise positions ACL for its next growth phase.

Maronan Metals has completed a $22 million strategic placement with Kinterra Capital, which now holds nearly 20% of the company. The funds will accelerate an expanded 2026 drilling campaign and Preliminary Feasibility Study for the Maronan Project in Queensland.

Maronan Metals has landed a $22 million strategic investment from Kinterra Capital, boosting its cash reserves to $36.6 million and fully funding an expanded 2026 drilling campaign and Preliminary Feasibility Study for its Maronan Project.

5E Advanced Materials secures a decade-long boric acid offtake agreement and advances boron product development, while reporting a $12.1 million quarterly loss and planning ASX delisting.

Perpetual Limited is sharpening its focus on asset management and corporate trust following the binding agreement to sell its Wealth Management arm to Bain Capital for $500 million upfront, aiming to strengthen its balance sheet and simplify operations.

HMC Capital has unveiled a streamlined strategy focusing on high-return platforms across real estate, digital infrastructure, private credit, and energy transition, reaffirming its FY26 operating EPS guidance above 40 cents pre-tax and announcing significant capital recycling and growth initiatives.

Pacific Equity Partners has tabled a non-binding offer to acquire oOh!media for A$1.40 per share via a scheme of arrangement, triggering a strategic review by the board amid regulatory hurdles and due diligence conditions.

Fat Prophets Global Contrarian Fund (ASX: FPC) is raising up to $8.45 million through a pro-rata rights issue priced at a premium, offering one option per new share. The issue is partly underwritten and sees directors committing to full participation.