Australian M&A and equity raisings
1,823 deals since January 2025, each with its advisers and sources · as at 10 Nov 2026 · Venture rounds
1,823 deals · A$320bndisclosed · Clear
Columns
| Date | Target | Vendor | Acquirer | Type | Status | Value A$m | Sector | Advisers |
|---|---|---|---|---|---|---|---|---|
| Nov 2025 | ABx Group | – | – | Placement | Completed | 6.1 | Rare earths, mineral sands and critical minerals | Alpine Capital (lead manager) |
| Nov 2025 | Atlantic Lithium | – | – | Placement | Completed | 4.0 | Lithium and battery metals | Canaccord Genuity (issuer) |
| Nov 2025 | InhaleRx | – | – | Entitlement offer | Completed | 0.2 | Biotech and pharmaceuticals | GRT Lawyers (issuer) |
| Nov 2025 | InhaleRx | – | – | Placement | Completed | 1.0 | Biotech and pharmaceuticals | Peak Asset Management (lead manager) |
| Nov 2025 | Santa Fe Minerals | – | – | Placement | Announced | 6.0 | Gold and silver | Argonaut (lead manager) |
| Nov 2025 | Epiminder | – | – | IPO | Listed | 125.0 | Medical devices and technology | Flagstaff Partners (issuer)Arnold Bloch Leibler (issuer)FB Rice (issuer)MVAB Corporate Advisers (issuer)KPMG (issuer)Frost & Sullivan (issuer)E&P Capital (lead manager)Morgans (lead manager)CommSec (lead manager) |
| Nov 2025 | Pathkey.AI | – | – | Entitlement offer | Completed | 0.9 | Software | Steinepreis Paganin (issuer)GBA Capital (lead manager) |
| Nov 2025 | Black Horse Mining | – | – | IPO | Listed | 8.0 | Gold and silver | Hamilton Locke (issuer)William Buck (issuer)BDO (issuer)Billandbry Consulting (issuer)Inyati Capital (lead manager)Veritas Securities (lead manager) |
| Nov 2025 | Nagambie Resources | – | – | Placement | Completed | 0.6 | Gold and silver | JP Equity Partners (lead manager) |
| Nov 2025 | Terra Critical Minerals | – | – | Entitlement offer | Completed | 0.6 | Rare earths, mineral sands and critical minerals | CoPeak (lead manager) |
| Dec 2025 | SCF | ICG | ABL | Acquisition | Announced | – | Banking and lending | Grant Samuel (buy-side) |
| Dec 2025 | Brigalow Peaking Power Plant | – | – | Joint venture | Pending | – | Electricity and gas networks and retail | MinterEllison (buy-side) |
| Dec 2025 | Mirvac Group | – | – | Joint venture | Announced | – | REITs and property funds | Corrs Chambers Westgarth |
| Dec 2025 | Zenith Energy | – | – | Joint venture | Announced | – | Electricity and gas networks and retail | Allens |
| Dec 2025 | Regional Express Holdings Limited (Rex) | – | Air T | Acquisition | Completed | – | Transport and logistics | Corrs Chambers Westgarth (buy-side)Alvarez & Marsal (buy-side) |
| Dec 2025 | Redback Boots | founders of Redback Boots | Ares Management | Acquisition | Completed | – | Consumer brands and apparel | Clifford Chance (buy-side) |
| Dec 2025 | Wolli Creek site, Sydney | – | Cedar Pacific | Asset sale | Announced | – | Property development and services | Hamilton Locke (buy-side) |
| Dec 2025 | Beetaloo Station | BBRC | Consolidated Pastoral Company | Asset sale | Completed | 300.0 | Agriculture and agribusiness | McCullough Robertson (buy-side) |
| Dec 2025 | IND Technology | – | Energy Impact Partners | Stake | Announced | – | Industrial products and machinery | DLA Piper (sell-side)Ord Minnett (sell-side)Mills Oakley (buy-side)Reitler Kailas & Rosenblatt (buy-side)Ashurst Perkins Coie (buy-side) |
| Dec 2025 | Arc Energy | – | Energy Locals | Acquisition | Announced | – | Electricity and gas networks and retail | Grant Samuel (buy-side) |
| Dec 2025 | Wengfu Australia | Wengfu Group | Fertiglobe | Asset sale | Completed | – | Chemicals and fertilisers | KPMG (sell-side)Corrs Chambers Westgarth (buy-side) |
| Dec 2025 | Agile Energy | – | Five V Capital | Acquisition | Completed | – | Renewable energy and storage | Clifford Chance (buy-side) |
| Dec 2025 | Strait Link | Allegro Funds | Igneo Infrastructure Partners | Acquisition | Completed | – | Transport and logistics | Macquarie Capital (buy-side)Ashurst Perkins Coie (sell-side)Gilbert + Tobin (buy-side) |
| Dec 2025 | CJ Duncan | – | Johns Lyng Group | Acquisition | Announced | – | Engineering and construction | Grant Thornton (sell-side)Liberty Corporate Finance (sell-side)Hamilton Locke (sell-side) |
| Dec 2025 | Voyages Indigenous Tourism Australia | Indigenous Land and Sea Corporation (ILSC) | Journey Beyond | Acquisition | Completed | – | Hospitality, leisure and gaming | Gilbert + Tobin (sell-side)Jones Day (buy-side) |
| Dec 2025 | Keolis Downer | – | Keolis Group | Acquisition | Completed | – | Transport and logistics | Herbert Smith Freehills Kramer (buy-side) |
| Dec 2025 | Animal Control Technologies | – | Kiwicare | Acquisition | Announced | – | Chemicals and fertilisers | Kidder Williams (sell-side) |
| Dec 2025 | St Barbara Mining | St Barbara | Lingbao Gold Group Company | Acquisition | Completed | 390.0 | Gold and silver | Steinepreis Paganin (buy-side) |
| Dec 2025 | Brennan | – | Macquarie Principal Finance | Stake | Completed | – | IT services | Grant Samuel (sell-side)Thomsons (sell-side) |
| Dec 2025 | Australian investment management rights of Macquarie Asset Management | Macquarie Asset Management Holdings | Nomura | Asset sale | Announced | – | Asset and wealth management | White & CaseMcCullough Robertson (buy-side) |
| Dec 2025 | Iron Mine Contracting | – | North American Construction Group | Acquisition | Completed | 125.5 | Mining services and equipment | Thomsons (sell-side)MinterEllison (buy-side)Fasken (buy-side) |
| Dec 2025 | AFS Logistics | The Growth Fund | FMH Group | Acquisition | Completed | – | Transport and logistics | Herbert Smith Freehills Kramer (sell-side)Alvarez & Marsal (sell-side)GreenMount (sell-side)EY (sell-side) |
| Dec 2025 | Iltani Resources | – | QIC | Stake | Announced | – | Copper and base metals | Hamilton Locke (buy-side) |
| Dec 2025 | IntelliDesign | – | Circuitwise Group | Acquisition | Completed | – | Hardware and semiconductors | BDO (sell-side) |
| Dec 2025 | UniLodge | Pamoja Capital | Samty Holdings | Acquisition | Announced | – | Property development and services | Allens (sell-side) |
| Dec 2025 | Latrobe Valley Power (Holdings) | – | Sembcorp Industries | Acquisition | Announced | 6,500.0 | – | Ashurst Perkins Coie (buy-side) |
| Dec 2025 | Pioneer Sail Holdings Pty Limited and Latrobe Valley Power (Holdings) Pty Ltd (Alinta Energy) | Chow Tai Fook Enterprises | Sembcorp Industries | Acquisition | Announced | 6,500.0 | Electricity and gas networks and retail | Herbert Smith Freehills Kramer (sell-side)Ashurst Perkins Coie (buy-side) |
| Dec 2025 | Arden Group | – | SHAPE Australia Corporation | Asset sale | Completed | 32.0 | Engineering and construction | Addisons (buy-side) |
| Dec 2025 | Next Green Group Pty Ltd (NGG) | – | Sojitz | Stake | Completed | – | Electricity and gas networks and retail | Ashurst Perkins Coie (buy-side) |
| Dec 2025 | AS Colour | – | – | Stake | Completed | – | Consumer brands and apparel | Allier Capital (sell-side)Jarden (buy-side)Gilbert + Tobin (buy-side) |
| Dec 2025 | Black Mount Spring Water | The Growth Fund | Tasman Capital | Acquisition | Announced | – | Food and beverage | Herbert Smith Freehills Kramer (sell-side)Alvarez & Marsal (sell-side)GreenMount (sell-side)EY (sell-side) |
| Dec 2025 | Urgent and Techniche EV | Techniche | Titan Cloud Software | Acquisition | Completed | – | Software | Clayton Utz (buy-side)Mills & Reeve (buy-side)Bass, Berry & Sims (buy-side) |
| Dec 2025 | 750 Collins Street, Melbourne | GPT Group | TrustCapital Advisors (TCA) | Asset sale | Announced | 383.0 | REITs and property funds | Herbert Smith Freehills Kramer (buy-side) |
| Dec 2025 | AC Industries | – | Volution Group | Acquisition | Completed | 178.9 | Industrial products and machinery | BDO (buy-side) |
| Dec 2025 | Big River Industries | – | – | Entitlement offer | Completed | 10.0 | Building materials | Petra Capital (lead manager) |
| Dec 2025 | Northern Territory uranium assets | Alligator Energy | DevEx Resources | Asset sale | Announced | 7.5 | Uranium | Taylor Collison (sell-side) |
| Dec 2025 | Advanced Logic Technology | – | IMDEX | Acquisition | Announced | 99.0 | Mining services and equipment | PwC (sell-side)Vertumnus Lawyers (sell-side)Elvinger Hoss Prussen (buy-side)Davis Graham (buy-side)Gilbert + Tobin (buy-side) |
| Dec 2025 | JAYRIDE Group | – | – | Placement | Completed | 0.7 | Hospitality, leisure and gaming | Baker Young (lead manager) |
| Dec 2025 | African Gold | – | Montage Gold Corp. | Scheme | Completed | – | Gold and silver | SCP Resource Finance (sell-side)Allens (sell-side)Cozen O'Connor (sell-side)BDO (sell-side)Hamilton Locke (sell-side)Ashurst Perkins Coie (buy-side)Cassels (buy-side) |
| Dec 2025 | North Stawell Minerals | – | – | Placement | Completed | 0.5 | Gold and silver | Amery Partners (lead manager) |
Deals come from ASX announcements, scheme booklets, prospectuses, the advisers' own deal announcements and the press. How the data is built