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Company

McGrath Nicol

Coverage

Stories naming McGrath Nicol. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

News

Private equity-backed childcare operator Edge Early Learning collapses into voluntary administration

Edge Early Learning, a Brisbane childcare chain backed by HEAL Partners, Centennial Property Group and Normanby Capital, has gone into administration under KordaMentha following a rental standoff with Arena REIT, its landlord.

Exit / M&A

Too much solar, not enough storage: Zen Energy faces liquidation as administrators blame high risk strategy

Administrators McGrathNicol say troubled renewable retailer Zen Energy must liquidate, blaming a risky trading strategy; creditors face heavy losses, its infrastructure arm was sold for $45 million, and a Gunvor retail deal collapsed.

Funding announcement

Sendle is back and under new ownership

The Sendle delivery brand, liquidated earlier in 2026 after a troubled merger, has been bought by logistics executive Andrew McKenna, who expects a September relaunch with Quantium Solutions handling deliveries.

Exit / M&A

Zen Energy sinks despite 11th-hour rescue efforts, blaming volatile market as banks and networks get cold feet

Renewable utility Zen Energy has entered voluntary administration despite regulators clearing Gunvor to buy its retail business; McGrathNicol is administrator and customers moved to AGL.

Also RenewEconomy·RenewEconomy·RenewEconomy

2 deals

Brisbane Airport out, Moreton Bay in: PsiQuantum picks new site for its $940m quantum computer build

PsiQuantum has relocated its $940m government-backed quantum computing project to Moreton Bay after dropping the Brisbane Airport site, with groundbreaking set for June following timeline slippage flagged in Senate Estimates.

Also Startup Daily·Startup Daily

4 deals

e-waste recycler Sircel pockets $5 million raise amidst acquisitive mood

Kilara Capital has injected $5 million into Sircel, a Sydney-based electronic-waste processor that recently bought collapsed Victorian rival Scipher Technologies, with a Kilara portfolio manager joining the board.

Also RenewEconomy·RenewEconomy·RenewEconomy

13 deals

Here’s who got funding in the latest round of the government’s $15 million cybersecurity fund

Seventeen cybersecurity projects share the final round of the federal government's AustCyber Projects Fund, with details released for thirteen recipients and their matched industry funding.

Also ARN (ARNnet)

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