Company
Every investor coverage indicates participated in a round Grant Thornton raised.
Companies Grant Thornton acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| John McInerney | Receiver | Startup Daily |
| Matt Byrnes | Receiver | Startup Daily |
| Lisa Gibb | Administrator | @AuManufacturing |
Stories naming Grant Thornton. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
After receivership, Barbeques Galore's brand and intellectual property now belong to Melbourne wholesaler ACOM International; licensed independent stores carry on while 62 company-owned outlets shut and Mike Ainsworth takes the CEO role.
RenewEconomy reports that hydrogen developer Infinite Green Energy has gone into administration amid a legal fight with a Queensland investor owed millions from a 2023 share deal.
Weekly most-read roundup: a NSW lean-manufacturing program opens, Simcoa wins a $39.8m grant, First Graphene ships additive to the UK, Oceania Glass collapses, and a battery-recycling profile.
Grant Thornton receivers sold children's snack company Nourish Foods to Tempo Group after a crowdfunding target fell short; founder Monica Meldrum stays on under the new ownership.
Roundup of Australian manufacturing news: government grants for Wide Open Agriculture, FYI Resources and female founder programs, an XTEK armour order, Oventus Medical's wind-up, an Osteopore board appointment, and Monash's new venture program.
Also AgFunderNews
ASX-listed fintech IOUpay entered voluntary administration under PwC after an alleged fraud by its former CFO, who is under investigation in Malaysia; the company shed most staff and faces related litigation.
Fundsquire has launched Grant Advance, a non-dilutive funding product for businesses using government grants, across Australia, Canada and the UK, following a strategic investment from Fasanara Capital.