Australian M&A and equity raisings
1,881 deals since January 2025, each with its advisers and sources · as at 8 Nov 2026 · Venture rounds
85 deals · A$19bndisclosed · Consumer discretionary · Clear
Columns
| Date | Target | Vendor | Acquirer | Type | Status | Value A$m | Sector | Advisers |
|---|---|---|---|---|---|---|---|---|
| Dec 2024 | Applejack Group | Ben Carroll | Compass Group Australia | Acquisition | Completed | – | Hospitality, leisure and gaming | Mills Oakley (sell-side)Herbert Smith Freehills Kramer (buy-side) |
| Jan 2025 | Mitsubishi Electric Mobility | – | – | Acquisition | Announced | – | Automotive | Lazard |
| Jan 2025 | Dennis Family Homes | – | Simonds | Acquisition | Completed | – | Home building and durables | Grant Samuel (sell-side)Maddocks (buy-side) |
| Feb 2025 | Tasmania JackJumpers | LK Group | Altor Capital | Acquisition | Completed | – | Hospitality, leisure and gaming | Allens (sell-side) |
| Feb 2025 | Steve Madden brand in Australia (certain assets of Signal Brands) | Signal Brands | Steven Madden | Asset sale | Announced | – | Consumer brands and apparel | Mills Oakley (buy-side) |
| Feb 2025 | Eumundi Group | – | SEQ Hospitality Group | Scheme | Completed | 80.6 | Hospitality, leisure and gaming | HopgoodGanim Lawyers (sell-side)Clayton Utz (buy-side) |
| Feb 2025 | Grover Charitable Gaming | – | Light & Wonder | Acquisition | Completed | – | Hospitality, leisure and gaming | Jarden (buy-side)Cravath, Swaine & Moore (buy-side) |
| Feb 2025 | PointsBet Holdings | – | BlueBet Holdings | Takeover | Announced | 360.0 | Hospitality, leisure and gaming | Baker McKenzie (sell-side)Flagstaff Partners (sell-side)PwC (sell-side)Jarden (buy-side)Morgans (buy-side)Ord Minnett (buy-side)Arnold Bloch Leibler (buy-side) |
| Feb 2025 | PointsBet Holdings | – | MIXI Australia | Scheme | Announced | 402.0 | Hospitality, leisure and gaming | Arnold Bloch LeiblerGrant Samuel (sell-side)Flagstaff Partners (sell-side)Baker McKenzie (sell-side)PwC (sell-side)Nomura (buy-side)Clayton Utz (buy-side)Mori Hamada & Matsumoto (buy-side)Senet (buy-side)Aird & Berlis (buy-side) |
| Mar 2025 | Employabilitylife | – | Federation University Australia | Acquisition | Announced | – | Education and childcare | Khaitan & Co (buy-side) |
| Mar 2025 | ARC Training | – | For Purpose Investment Partners (FPIP) | Acquisition | Completed | – | Education and childcare | Hamilton Locke (buy-side) |
| Mar 2025 | Train Australia Pty Ltd (trading as ARC Training) | – | Catalyst Education | Acquisition | Completed | – | Education and childcare | Hamilton Locke (buy-side) |
| Mar 2025 | REVL Holdings | – | Move Repeat | Acquisition | Announced | – | Hospitality, leisure and gaming | Bird & Bird (buy-side) |
| Mar 2025 | Flight simulation business | Administrators of Rex Airlines | Navinci Global Markets (Navinci) | Asset sale | Completed | – | Education and childcare | Hamilton Locke (buy-side) |
| Mar 2025 | Melbourne Victory Football Club | 777 Partners | Tony Bloom | Stake | Completed | – | Hospitality, leisure and gaming | Lion Advisory |
| Mar 2025 | Destination Brisbane Consortium | The Star Entertainment Group | Chow Tai Fook Enterprises Limited and Far East Consortium International Limited (Joint Venture Partners) | Asset sale | Pending | 53.0 | Hospitality, leisure and gaming | UBS (sell-side)Allens (sell-side) |
| Mar 2025 | Donaco International | – | On Nut Road | Scheme | Completed | 55.6 | Hospitality, leisure and gaming | Ashurst Perkins Coie (sell-side)BDO (sell-side)Knight Frank (sell-side)Hamilton Locke (buy-side) |
| Mar 2025 | Five Good Friends | – | TPG Capital | Acquisition | Completed | – | Consumer brands and apparel | Record Point (sell-side) |
| Mar 2025 | The Reject Shop | – | Dollarama | Scheme | Completed | 259.0 | Retail and e-commerce | UBS (sell-side)SBA Law (sell-side)PwC (sell-side)Kroll (sell-side) |
| Apr 2025 | Accent Group | – | – | Acquisition | Announced | – | Retail and e-commerce | Arnold Bloch Leibler |
| Apr 2025 | Telwater | BRP | Yamaha Motor Australia | Acquisition | Announced | – | Consumer brands and apparel | BDO (sell-side) |
| Apr 2025 | The Star | – | Bally's | Stake | Completed | 266.0 | Hospitality, leisure and gaming | Grant Samuel |
| Apr 2025 | Ainsworth Game Technology | – | Novomatic AG | Scheme | Withdrawn | 336.5 | Hospitality, leisure and gaming | Macquarie Capital (sell-side)Clayton Utz (sell-side)Lonergan Edwards & Associates (sell-side) |
| May 2025 | Kineo group (City and Guilds Kineo (UK) and the assets of Interact Learning (Australia)) | City & Guilds | Mind Tools | Acquisition | Announced | – | Education and childcare | Bird & Bird (sell-side) |
| Jun 2025 | Blackwell Pacific | Baker & Taylor | Booktopia Holdings | Acquisition | Announced | – | Retail and e-commerce | MinterEllison (sell-side) |
| Jun 2025 | Freedom Furniture | Greenlit Brands | Amart Furniture | Acquisition | Announced | – | Retail and e-commerce | Jarden (sell-side)Clayton Utz (sell-side) |
| Jun 2025 | Tourism Holdings | Accident Compensation | BGH Capital | Acquisition | Announced | – | Hospitality, leisure and gaming | Jarden (sell-side)MinterEllisonRuddWatts (sell-side) |
| Jul 2025 | Pet Chemist | Mad Paws Holdings | – | Acquisition | Announced | – | Retail and e-commerce | Highbury Partnership (sell-side) |
| Jul 2025 | Regent Motors | The Van Helvoort family | – | Acquisition | Completed | – | Automotive | BDO (sell-side) |
| Jul 2025 | International Game Technology PLC's Gaming & Digital Business | – | Apollo Funds | Acquisition | Completed | 10,060.0 | Hospitality, leisure and gaming | Addisons (buy-side) |
| Jul 2025 | Peter Stevens Motorcycles and Harley Heaven dealerships | Administrators of the Peter Stevens and Harley Heaven businesses | MotorCycle Holdings | Asset sale | Announced | – | Automotive | Clayton Utz (buy-side) |
| Jul 2025 | Reef Casino Trust | Accor | Iris Cairns Property | Takeover | Announced | 192.7 | Hospitality, leisure and gaming | Morgans (sell-side)Herbert Smith Freehills Kramer (sell-side)Lonergan Edwards & Associates (sell-side)Mallesons (sell-side)Gilbert + Tobin (buy-side) |
| Jul 2025 | Gulson Canberra | – | Autosports Group | Acquisition | Announced | 13.0 | Automotive | BDO (buy-side) |
| Jul 2025 | Mad Paws Holdings | – | Rover Group | Scheme | Completed | 62.0 | Retail and e-commerce | Highbury Partnership (sell-side)Talbot Sayer (sell-side)Stantons (sell-side)Crowe (sell-side)Herbert Smith Freehills Kramer (buy-side) |
| Aug 2025 | Wittner Group | – | – | Acquisition | Completed | – | Consumer brands and apparel | Gilbert + Tobin (sell-side) |
| Aug 2025 | PlayAGS | – | Brightstar Capital Partners | Acquisition | Announced | 1,756.5 | Hospitality, leisure and gaming | Addisons (buy-side) |
| Aug 2025 | Stile Education | – | Curriculum Associates | Acquisition | Completed | – | Education and childcare | Arnold Bloch Leibler (sell-side) |
| Aug 2025 | Australian Venue Co. | PAG | CVC | Stake | Announced | – | Hospitality, leisure and gaming | Allens (sell-side) |
| Aug 2025 | Wynstan Designs | – | Hunter Douglas | Acquisition | Completed | – | Home building and durables | Maddocks (buy-side) |
| Aug 2025 | Grand Pacific Tours | – | Journey Beyond | Acquisition | Completed | – | Hospitality, leisure and gaming | Jones Day (buy-side) |
| Aug 2025 | MadeComfy | – | OYO | Acquisition | Completed | – | Hospitality, leisure and gaming | Maddocks (sell-side) |
| Aug 2025 | eight Crunch Fitness gym locations in Victoria | – | Revo Fitness | Asset sale | Completed | – | Hospitality, leisure and gaming | BDO (buy-side) |
| Aug 2025 | Australian Institute of Business (AIB) | – | BPP Holdings | Acquisition | Announced | – | Education and childcare | MinterEllison (buy-side) |
| Oct 2025 | CanadaOne | – | Eagers Automotive | Acquisition | Announced | 1,000.0 | Automotive | Clayton Utz (buy-side)Blakes (buy-side) |
| Oct 2025 | easyauto123 and Carlins | Eagers Automotive | Mitsubishi | Stake | Announced | – | Automotive | Bell Gully (buy-side)Ashurst Perkins Coie (buy-side) |
| Oct 2025 | Entertainment Rewards | – | Suzerain Investments Holdings | Takeover | Completed | 28.8 | Retail and e-commerce | Leadenhall (sell-side)Sundaraj & Ker (sell-side)McCullough Robertson (buy-side) |
| Oct 2025 | Cash Converters Investment Group (29 Australian franchise stores) | – | Cash Converters International | Acquisition | Announced | 37.0 | Retail and e-commerce | Hamilton Locke (buy-side) |
| Nov 2025 | ten Barry Bourke Motors dealerships in Victoria | – | Autosports Group | Acquisition | Announced | 34.0 | Automotive | BDO (buy-side) |
| Nov 2025 | El Jannah | Founders and shareholders of El Jannah | General Atlantic | Acquisition | Completed | – | Hospitality, leisure and gaming | Allens (sell-side) |
| Nov 2025 | Competency Training | Verbrec | RelyOn Australia | Acquisition | Completed | – | Education and childcare | Jones Day (sell-side) |
Deals come from ASX announcements, scheme booklets, prospectuses, the advisers' own deal announcements and the press. How the data is built