The Year that Changed Our Lives: 2020 Year in Review
Aura Group's 2020 review recounts several exits, the Anytime Fitness Asia buyout, a new special situations fund launch, and growth in funds under management despite the pandemic.
Company
Adelaide, SA
Every investor coverage indicates participated in a round Uniti Wireless raised.
Every published round Uniti Wireless 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 Uniti Wireless 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 Uniti Wireless, as distinct from the investments it has made.
Companies Uniti Wireless has backed that another company then bought. An exit for the holding, not a deal Uniti Wireless did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Uniti Wireless is recorded as having been acquired. | ||||
The transaction that ended Uniti Wireless's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| - | IPO | 1Q 2019 | - | Techboard, Startup Daily |
Companies Uniti Wireless 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 |
|---|---|---|---|---|
| 1300 Australia | Acquisition | 2020 | - | Aura Group portfolio (Sun 3 Jan 2021), Aura Group portfolio (Fri 25 Sep 2020) |
| Name | Role | Sources |
|---|---|---|
| Michael Simmons | CEO | ARN (ARNnet) |
| Vaughan Bowen | Executive Director | ARN (ARNnet) |
Stories naming Uniti Wireless. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Aura Group's 2020 review recounts several exits, the Anytime Fitness Asia buyout, a new special situations fund launch, and growth in funds under management despite the pandemic.
Perennial Value Management appoints Brendan Lyons to lead private investments and help launch a second private-to-public opportunities fund, citing a growing pipeline of companies preparing to list.
Techboard's quarterly report tallies record funding for Australian startups in early 2019, led by the PEXA sale and Airwallex's raise, while flagging that private investment growth may be slowing.
Perennial Value's pre-IPO fund drew $50m from wholesale investors ahead of its August close, its microcap trust hard closed at $200m, and the firm is leading a second round into Nutricare.
A Perennial Value Management executive explains how the firm chooses unlisted investments while it raises a new private fund, pointing to profitable pre-IPO backing of two since-listed companies through its microcap trust.
Perennial Value plans a fund targeting pre-IPO deals and private capital raisings, with Morgan Stanley committing initial money; its microcap trust will soft-close, and earlier bets named include Atomos, Uniti Wireless and Ecofibre.
Techboard's quarterly report finds March 2019 Australian startup funding passed $2.7 billion, driven by the PEXA sale, while Airwallex's Series C created the period's second local unicorn, though a downturn is forecast.
Uniti Wireless plans to acquire Brisbane CPaaS firm Fone Dynamics for up to $8.4 million, with co-founder Jordan Grives joining its executive team while co-founder Shane Mitchell departs.