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
149 deals · A$34bndisclosed · Industrials · Clear
Columns
| Date | Target | Vendor | Acquirer | Type | Status | Value A$m | Sector | Advisers |
|---|---|---|---|---|---|---|---|---|
| Dec 2024 | SG Fleet Group | – | Westmann Bidco | Scheme | Completed | – | Business and professional services | BofA Securities (sell-side)Gilbert + Tobin (sell-side)Grant Thornton (sell-side) |
| Jan 2025 | Lendlease UK construction business | Lendlease | Atlas Holdings | Acquisition | Completed | 138.3 | Engineering and construction | Ashurst Perkins Coie (sell-side) |
| Jan 2025 | Quickstep Holdings | – | ASDAM | Scheme | Completed | 41.2 | Defence and aerospace | Miles Advisory Partners (sell-side)Maddocks (sell-side)Deloitte (sell-side)Gilbert + Tobin (buy-side) |
| Jan 2025 | Splend Group | – | IFM Investors | Stake | Announced | – | Transport and logistics | Grant Samuel (sell-side) |
| Jan 2025 | JET Charge | – | Mirova | Stake | Completed | – | Industrial products and machinery | Gilbert + Tobin (buy-side) |
| Jan 2025 | EMM Consulting | – | Quadrant's Strategic Equity Fund | Stake | Completed | – | Waste and environmental services | Gilbert + Tobin (sell-side) |
| Jan 2025 | E3 Advisory | – | Ricardo Group | Acquisition | Completed | 101.4 | Business and professional services | McCullough Robertson (sell-side) |
| Jan 2025 | CMP Consulting Group | – | Vysarn | Acquisition | Completed | – | Business and professional services | Maddocks (sell-side) |
| Jan 2025 | Western Australian freight rail network (operated by Arc Infrastructure) | – | Western Australian Government | Acquisition | Rumoured | – | Transport infrastructure | Ad Astra Corporate Advisory (buy-side) |
| Feb 2025 | KOBE | KOBE Group Holdings | Intelligent Monitoring Group | Acquisition | Completed | – | Business and professional services | Jones Day (buy-side) |
| Feb 2025 | Climatech Group | Shareholders of Climatech Group | Sojitz | Acquisition | Announced | – | Engineering and construction | MinterEllison (sell-side)Tiger & Bear Partners (sell-side) |
| Feb 2025 | Bligh Tanner | – | Tonkin + Taylor Group | Acquisition | Completed | – | Engineering and construction | BDO (sell-side) |
| Mar 2025 | Engeny Group | – | Egis Group | Acquisition | Completed | – | Engineering and construction | Hamilton Locke (buy-side)Azure Capital (buy-side) |
| Mar 2025 | Peracon Group | – | Egis Group | Acquisition | Announced | – | Engineering and construction | Hamilton Locke (buy-side)Azure Capital (buy-side) |
| Mar 2025 | Cleary Bros' Construction Businesses | – | Maas Group Holdings | Acquisition | Completed | 172.0 | Engineering and construction | Herbert Smith Freehills Kramer (buy-side) |
| Mar 2025 | Metal Powder Works | – | Metal Powder Works Limited (formerly K-TIG Limited) | Acquisition | Completed | 11.0 | Industrial products and machinery | Hamilton Locke (buy-side) |
| Mar 2025 | Syntec Diamond Tools | – | National Flooring Equipment | Acquisition | Completed | – | Industrial products and machinery | HWLE Lawyers (buy-side) |
| Mar 2025 | LegalVision | – | Quadrant Private Equity | Stake | Completed | – | Business and professional services | Allier Capital (sell-side)Gilbert + Tobin (sell-side)PwC (buy-side)OC&C Strategy Consultants (buy-side)Corrs Chambers Westgarth (buy-side) |
| Mar 2025 | Georgiou Group | – | STRABAG | Acquisition | Completed | – | Engineering and construction | Eaton Square (sell-side) |
| Mar 2025 | Waste Services Group | – | The Carlyle Group | Acquisition | Announced | – | Waste and environmental services | Herbert Smith Freehills KramerAllensHamilton Locke (sell-side)Liberty Corporate Finance (sell-side) |
| Mar 2025 | Engenco | – | Elph Investments | Takeover | Completed | – | Industrial products and machinery | Baker McKenzie (sell-side)RSM (sell-side)Pinsent Masons (buy-side) |
| Mar 2025 | Contract Resources Group | SCF Partners | Cleanaway Waste Management | Acquisition | Completed | 377.0 | Waste and environmental services | Clifford Chance (sell-side) |
| Mar 2025 | Force Fire Holdings | Anacacia Capital | Southern Cross Electrical Engineering | Acquisition | Completed | 53.5 | Engineering and construction | Addisons (sell-side)Greenstone Partners (sell-side)HLB Mann Judd (sell-side)MA Moelis Australia (buy-side)EY (buy-side)K&L Gates (buy-side) |
| Apr 2025 | Farrelly Construction Services | – | Ahrens Group | Acquisition | Announced | – | Engineering and construction | BDO (sell-side) |
| Apr 2025 | DRA Global | – | Apex Capital Partners Limited (ACP), a wholly-owned subsidiary of Apex Partners Holdings | Scheme | Completed | 116.0 | Engineering and construction | Ashurst Perkins Coie (buy-side)Webber Wentzel (buy-side) |
| Apr 2025 | ADP Consulting | – | Ayesa | Acquisition | Announced | – | Engineering and construction | Grant Thornton (sell-side) |
| Apr 2025 | BMM Testlabs | – | The Visualize Group | Acquisition | Announced | – | Business and professional services | Addisons (sell-side) |
| Apr 2025 | MGC Group Holdings (WA) | Entities associated with Chris Newton and Mark Byrne | GenusPlus Group | Acquisition | Completed | 10.3 | Engineering and construction | Poynton Stavrianou (sell-side)Squire Patton Boggs (sell-side)Sternship Advisers (buy-side)Gilbert + Tobin (buy-side) |
| Apr 2025 | Ascot Waste Management business | – | Symal Group | Asset sale | Completed | 12.0 | Waste and environmental services | Piper Alderman (buy-side) |
| Apr 2025 | Questas Group | Allegro Funds | Five V Capital | Acquisition | Completed | – | Industrial products and machinery | Ashurst Perkins Coie (sell-side)UBS (sell-side)EY (sell-side)PwC (buy-side)Miles Advisory Partners (buy-side)Skye Capital Advisory (buy-side)Corrs Chambers Westgarth (buy-side)Gilbert + Tobin (buy-side)KPMG (buy-side)Zenith Strategy Associates (buy-side)ERM (buy-side)Unified Commerce (buy-side) |
| May 2025 | foundU | – | Citation Group | Takeover | Completed | – | Business and professional services | Blackpeak Capital (sell-side)Mills Oakley (sell-side)HWLE Lawyers (buy-side) |
| May 2025 | GO Organics | – | REMONDIS Australia | Acquisition | Completed | – | Waste and environmental services | Maddocks (buy-side) |
| May 2025 | SRT Logistics | – | Lindsay Australia | Acquisition | Completed | 108.2 | Transport and logistics | Ord Minnett (buy-side)DLA Piper (buy-side) |
| Jun 2025 | commercial and industrial waste operations in Queensland | Wanless Group | – | Asset sale | Completed | – | Waste and environmental services | HopgoodGanim Lawyers (sell-side) |
| Jun 2025 | Luerssen Australia | – | Civmec | Acquisition | Completed | – | Defence and aerospace | Steinepreis Paganin (buy-side) |
| Jun 2025 | Killard | the Founder of the Killard Group | Dineshchandra R Agrawal Infracon Pvt | Acquisition | Announced | – | Engineering and construction | KPMG (sell-side)Mills Oakley (sell-side)AZB & Partners (buy-side) |
| Jun 2025 | Citation Group | – | HarbourVest Partners | Stake | Announced | – | Business and professional services | HWLE Lawyers |
| Jun 2025 | Bureau Veritas' food testing business | Bureau Veritas | Mérieux NutriSciences | Acquisition | Completed | 620.2 | Business and professional services | Clayton Utz (buy-side)Gide (buy-side) |
| Jun 2025 | Atlas Engineering Group | – | Sequana | Acquisition | Announced | – | Engineering and construction | Grant Thornton (sell-side) |
| Jun 2025 | Johns Lyng Group | – | Pacific Equity Partners | Scheme | Completed | 1,300.0 | Engineering and construction | J.P. Morgan (sell-side)Nomura (sell-side)MinterEllison (sell-side)Kroll (sell-side) |
| Jun 2025 | Silk Logistics Holdings | – | DP World Australia | Scheme | Completed | – | Transport and logistics | Gresham (buy-side) |
| Jul 2025 | Premise | – | Amey | Acquisition | Completed | – | Engineering and construction | InterFinancial (sell-side) |
| Jul 2025 | HS Roads | Hill & Smith | Onsite Rental Group | Acquisition | Completed | – | Industrial products and machinery | BDO (sell-side) |
| Jul 2025 | Virgin Australia | – | Qatar Airways Group | Stake | Announced | – | Transport and logistics | Gilbert + Tobin (sell-side) |
| Jul 2025 | 1300TempFence | Martin and Bruce Fouracre | Straight Bat Private Equity | Stake | Announced | – | Business and professional services | BDO (buy-side)Mills Oakley (buy-side) |
| Jul 2025 | Aqua Metro | – | Saunders International | Acquisition | Completed | 30.0 | Engineering and construction | BDO (buy-side)MinterEllison (buy-side) |
| Jul 2025 | Transhipment Services Australia | – | Asian Bulk Logistics | Acquisition | Completed | – | Transport and logistics | KPMG (buy-side) |
| Aug 2025 | Umwelt Environmental & Social Consultants | – | Five V Capital | Acquisition | Announced | – | Business and professional services | BDO (buy-side)Corrs Chambers Westgarth (buy-side)PwC (buy-side)OC&C Strategy Consultants (buy-side) |
| Aug 2025 | Koala Koaches | the Young family | Kinetic | Asset sale | Completed | – | Transport and logistics | Piper Alderman (sell-side) |
| Aug 2025 | Alloy Steel Australia (Int) | – | Lincoln Electric | Acquisition | Completed | 209.0 | Industrial products and machinery | Thomsons (sell-side) |
Deals come from ASX announcements, scheme booklets, prospectuses, the advisers' own deal announcements and the press. How the data is built