Acquisition Completed Sponsor buyer
TPG Rise Climate acquisition of Kinetic
A$4bn equity value
Advisers
Kinetic
Target
- Financial adviser
TPG Rise Climate
Acquirer
Not disclosed
- Target
- Kinetic
- Acquirer
- TPG Rise Climate
- Seller
- OPTrust
- Structure
- Private sale
- Completed
- Nov 2025
- Sector
- Transport and logistics
In the league tables
Similar deals
- Macquarie Asset Management acquisition of Qube Holdings Nov 2025 · A$12bn · Transport and logistics
- Bhagwan Marine acquisition of Riverside Marine Holdings Feb 2026 · A$130m · Transport and logistics
- Lindsay Australia acquisition of SRT Logistics May 2025 · A$108m · Transport and logistics
- Continuation vehicle managed by Foresight Group acquisition of Kinetic Sep 2026 · Transport and logistics
- Kinetic acquisition of Tassielink Transit Sep 2026 · Transport and logistics
Sources
- Facilitating the continued growth of a global multi-modal transport operator macquarie.com
- 3 Nov 2025 TPG backs Kinetic's zero emissions strategy with majority investment tpg.com
- 13 Nov 2025 Ashurst advises on A$4 billion sale of Australasia's largest bus operator ashurstperkinscoie.com
- 13 Nov 2025 Herbert Smith Freehills Kramer Advises On Sale Of Majority Stake In Kinetic To TPG mondaq.com