PE Horizons 2025

Key deals

Our key private equity deals in 2024

Livingbridge

on the sale of Waste Services Group to Carlyle, following a competitive sale process.

Pacific Equity Partners

on its acquisition of ASX-listed SG Fleet Group Limited, a leading provider of fleet management, vehicle leasing and salary packaging services, for an enterprise value of $1.4 billion by way of scheme of arrangement – the largest announced take-private deal in 2024.

Consortium comprising Bain Capital Special Situations, ICG, Capital Four, Sona Asset Management and Samuel Terry Asset Management

on the combination of Accolade Wines and Pernod Ricard’s ANZ and Spanish wine businesses.

Paine Schwartz Partners (PSP)

and a consortium comprised of entities controlled by PSP, Driscoll's and British Columbia Investment Management Corporation on its acquisition of Costa Group Holdings Limited for an enterprise value of $2.459 billion by way of scheme of arrangement.

International private equity investor CapVest

on the acquisition of ASX-listed Ansarada Group via CapVest-held portfolio company, Datasite.

CPP Investments

as part of the Blackstone consortium, on the $24 billion acquisition of leading Asia Pacific data centre operator, AirTrunk – the largest announced and completed deal of 2024.

Morgan Stanley Infrastructure Partners

on the acquisition of a 49% stake in the Onslow Iron haul road from ASX-listed Mineral Resources for $1.3 billion.

Macquarie Asset Management, ART and STC

on the proposed sale of a 74.25% interest in Queensland Airports Limited to KKR and Skip Capital.

KKR

on the sale of Australian Venue Co. to PAG.