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BGH Capital

From Wikipedia, the free encyclopedia

BGH Capital
IndustryPrivate Equity
Founded2017
FoundersRobin Bishop
Ben Gray
Simon Harle
HeadquartersMelbourne,
Australia
Websitehttps://www.bghcapital.com

BGH Capital (BGH) is an Australian private equity company established in 2017 by Robin Bishop, Ben Gray, and Simon Harle. BGH is headquartered in Melbourne and is owned and managed by its founding partners.

Ben Gray and Simon Harle established and led the Australian and New Zealand private equity team at TPG Capital, while Robin Bishop was previously head of Macquarie Capital Australia and New Zealand.[1][2]

BGH Capital Fund I had a final close of approximately A$2.6 billion in May 2018 and is now fully deployed.

BGH Capital Fund II achieved final close in February 2022 at A$3.6 billion.[3] This represents the largest private equity fund focused on Australia and New Zealand.

Investments

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The following schedule indicates the businesses BGH has targeted and acquired, which they continue to manage.

Investment Year acquired Description Ref
Navitas 2019 Global education provider [4]
CyberCX 2019 Australian cyber security provider [5]
ForHealth 2020 Australian primary services care provider [6]
Abano Healthcare 2020 One of the largest dental networks in Australia and New Zealand [7]
Village Roadshow 2020 Entertainment and leisure business [8]
Laurent 2021 Melbourne-based wholesale and retail artisan bakery [9]
Hazeldene's 2021 Australian Poultry producer [10]
Virtus Health 2022 Provider of assisted reproductive services [11]
Pushpay 2023 Software and payments provider to faith-based sector [12]
Fusion5 2024 Australasian business applications technology specialist [13]

References

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  1. ^ "Our team". BGH. 2020. Retrieved 18 May 2020.
  2. ^ Pyne, Ingrid (13 April 2018). "Masters of their own universe: crack team set to shake up private equity". Sydney Morning Herald. Nine Entertainment Co. Retrieved 18 May 2020.
  3. ^ "BGH Capital hits $3.6b hard cap for Fund II". Australian Financial Review. 1 March 2022. Retrieved 26 April 2022.
  4. ^ Williams, Peter & AAP (21 March 2019). "Navitas accepts $2.3b offer from BGH Consortium". The West Australian. Seven West Media. Retrieved 18 May 2020.
  5. ^ "BGH Capital backs major new cyber security player". Australian Financial Review. 14 October 2019. Retrieved 22 April 2022.
  6. ^ "Just what the doctor ordered: BGH buys Healius' medical centres". Australian Financial Review. 14 June 2020. Retrieved 22 April 2022.
  7. ^ "Abano Healthcare locks in 70pc premium for new takeover". Australian Financial Review. 30 August 2020. Retrieved 22 April 2022.
  8. ^ Powell, Dominic (18 May 2020). "Village Roadshow agrees to takeover talks with BGH". Sydney Morning Herald. Nine Entertainment. Retrieved 18 May 2020.
  9. ^ "BGH Capital cooks up deal for Melbourne's Laurent Bakery". Australian Financial Review. 25 November 2021. Retrieved 22 April 2022.
  10. ^ "Chicken meat producer Hazeldenes sold to private equity firm". ABC News. 28 October 2021. Retrieved 22 April 2022.
  11. ^ "Virtus health - removal from official list" (PDF). Australian Securities Exchange.
  12. ^ "Pushpay gone, and for some offshore hedge funds, for less than hoped". Australian Financial Review. 5 May 2023.
  13. ^ "BGH Capital to acquire Waterman Capital's IT biz Fusion5". Australian Financial Review. 14 December 2023.

See also

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