Corporate / CVC
Every published round Asahi took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Asahi has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Asahi, as distinct from the investments it has made.
Companies Asahi has backed that another company then bought. An exit for the holding, not a deal Asahi did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Asahi is recorded as having been acquired. | ||||
Companies Asahi acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Carlton & United Breweries | Acquisition | 2019 | $16b | glassandnote.com, SmartCompany |
Stories naming Asahi. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Elixinol has agreed an all-share takeover of supplement subscription platform Vitable at a $2.5 million headline value plus earn-out, while shareholder Ben McHarg commits a convertible note; the piece also recaps Vitable's earlier raises.
Spirits giant Diageo bought British premixed cocktail maker Tipplesworth for £112 million in March 2024; the article examines the deal's rationale, the brand's retail growth, and planned expansion into Canada, Australia and the US.
A retrospective on Diageo shutting its craft-investment arm in 2024: 42 roles cut, brands including Camden Town, Little Creatures and Cigar City sold, and what corporate retreat means for independent brewers.
Private-equity-backed drinks group Fermentum has bought Melbourne craft brewer Two Birds for $24.7 million, its sixth brewery; the piece also reviews the site's sustainability record and earlier sector consolidations.
Also glassandnote.com
Historical profile of the Fremantle craft brewery founded in 2000, covering its rise, its 2012 acquisition by Lion and 2023 sale to Asahi, and its lasting mark on Australian beer culture.
Also glassandnote.com
Weekly roundup of three Series A raises: chipmaker Syenta (US$26m), insights platform Ideally and battery recycler Renewable Metals, detailing leads, amounts and each company's earlier funding.
Also Startup Daily
Research platform Ideally has secured a Series A round with Shearwater Capital leading, earmarked for US expansion, and unveiled a new product, Ideally Canvas.
Venture investor Acorn Capital's $6.5 million investment in AI software vendor Complexica lifts outside backing past $31 million since 2021, adding the fund manager to an institutional shareholder register.
Also Startup Daily
BoozeBud has entered administration, with William Buck's Michael Brereton and Sean Wengel appointed. The piece recounts the online alcohol retailer's 2018 sale to ZX Ventures, its 2020 sale back to founders, and its Get Wines Direct acquisition.
Techboard's monthly roundup tallies October 2022 startup funding at $661m across 99 deals, listing megadeals such as Airwallex, acquisitions, Square Peg's $861m fund close and government grants to program operators.
Also @AuManufacturing
OIF Ventures announces it led Zitcha's $4.8 million seed round, backing the retail media buying platform started by Troy and Jack, whose customers include Adore Beauty and The Warehouse Group.
Presentation software firm SalesPreso has rebranded as LivePreso after a $5 million round led by Shearwater Growth Ventures, with Chris Ridd joining its board as it targets business clients including Asahi and Iress.
Also SmartCompany
Adelaide canned and kegged wine producer Riot Wine Co has been bought by brewer CUB, whose past purchases include Pirate Life and 4 Pines; founders stay on as Asahi's agreed takeover of CUB awaits ACCC approval.
Also glassandnote.com