Investor
Melbourne, VIC
Every published round BGH Capital 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 BGH Capital 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 BGH Capital, as distinct from the investments it has made.
Companies BGH Capital has backed that another company then bought. An exit for the holding, not a deal BGH Capital did.
| Name | Role | Sources |
|---|---|---|
| John Paitaridis | Technology Portfolio Chief Executive | ARN (ARNnet) |
| Ben Gray | Founding Partner | Startup Daily, SmartCompany |
Stories naming BGH Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Partners Group, Guardian Childcare's Swiss owner, has spurned approaches from buyout firms Allegro Funds and BGH Capital and is negotiating with Quadrant Private Equity, which runs Affinity Education, about combining the childcare businesses.
EQT Holdings faces a potential bidding war as BGH Capital's higher cash offer for the trustee group tops TPG Global's bid from days earlier; both proposals remain conditional and non-binding.
Accenture plans to buy Melbourne cybersecurity firm CyberCX, a transaction reported at over a billion dollars that still needs foreign investment approval. CyberCX was co-founded by John Paitaridis and Alastair MacGibbon.
University of Melbourne's Tin Alley Ventures fund has raised $100 million toward a $200 million target, backed by the university, Breakthrough Victoria and local business figures, with a second close targeted for mid-2023.
Also @AuManufacturing
CyberCX has invested an undisclosed sum in Adelaide-founded whitelisting vendor Airlock Digital to support its push into the US and Europe. The piece also recalls CyberCX's earlier acquisitions of Tracer Cloud, Consegna Cloud and Xello Australia.
Techboard's March 2022 roundup of Australian funding: megadeals by Immutable, Saluda Medical, Linktree and Zeller, many smaller raises, acquisitions, an IPO, several fund closes, and companies still seeking capital.
Paint-tech startup Tint raised $600,000 via an equity crowdfunding campaign on Equitise, with earlier backing from prominent angels, to expand beyond Melbourne and grow its online paint business.
Analysis of why private equity firms are aggressively acquiring IT and channel companies, citing recent deals by Thoma Bravo, EQT and BGH Capital, plus an Australian fund targeting Microsoft software vendors.
Quadrant Private Equity is about to complete its biggest-ever buyout fund, a $1.24 billion raise; the piece notes rival PEP's $2.5 billion close and recalls Quadrant's sales of APM and QScan.