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
1,881 deals · A$506bndisclosed · Clear
Columns
| Date | Target | Vendor | Acquirer | Type | Status | Value A$m | Sector | Advisers |
|---|---|---|---|---|---|---|---|---|
| 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) |
| Dec 2025 | FireFly Metals | – | – | Placement | Completed | 139.0 | Copper and base metals | Hamilton Locke (issuer)Osler, Hoskin & Harcourt (issuer)BMO Capital Markets (lead manager)Canaccord Genuity (lead manager)Euroz Hartleys (lead manager)Argonaut (lead manager)RBC Capital Markets (lead manager) |
| Dec 2025 | Galilee Energy | – | – | Placement | Completed | 6.5 | Oil and gas | CPS Capital Group (lead manager) |
| Dec 2025 | L1 Global Long Short Fund | – | – | Entitlement offer | Completed | 477.0 | Listed investment vehicles | Morgans (lead manager)Taylor Collison (lead manager)Canaccord Genuity (lead manager)Ord Minnett (lead manager)E&P Capital (lead manager)Shaw and Partners (lead manager) |
| Dec 2025 | PTR Minerals | – | – | Placement | Completed | 12.0 | Rare earths, mineral sands and critical minerals | Taylor Collison (lead manager)Argonaut (lead manager) |
| Dec 2025 | DevEx Resources | – | – | Placement | Completed | 35.0 | Uranium | Bell Potter (lead manager)Argonaut (lead manager)Euroz Hartleys (lead manager) |
| Dec 2025 | Finder Energy Holdings | – | – | Placement | Completed | 25.0 | Oil and gas | Barrenjoey (lead manager)Canaccord Genuity (lead manager)JP Equity Partners (lead manager) |
| Dec 2025 | GreenTech Metals | – | – | Placement | Completed | 5.2 | Copper and base metals | CPS Capital Group (lead manager) |
| Dec 2025 | Mammoth Minerals | – | – | Placement | Completed | 7.5 | Gold and silver | Euroz Hartleys (lead manager) |
| Dec 2025 | Predictive Discovery | – | Perseus Mining | Scheme | Completed | 2,100.0 | Gold and silver | BMO Capital Markets (sell-side)SCP Resource Finance (sell-side)Fasken (sell-side)Herbert Smith Freehills Kramer (sell-side)GenCap Mining Advisory (sell-side)Macquarie Capital (buy-side)Sternship Advisers (buy-side)Corrs Chambers Westgarth (buy-side)Stikeman Elliott (buy-side) |
| Dec 2025 | Polymetals Resources | – | – | Placement | Completed | 34.4 | Copper and base metals | Ord Minnett (lead manager)Blue Ocean Equities (lead manager) |
| Dec 2025 | QPM Energy | – | – | Placement | Completed | 30.3 | Lithium and battery metals | Bell Potter (lead manager)Foster Stockbroking (lead manager)Ord Minnett (lead manager) |
| Dec 2025 | Saluda Medical | – | – | IPO | Listed | 230.8 | Medical devices and technology | TPG Capital BD (issuer)Latham & Watkins (issuer)Johnson Winter Slattery (issuer)Barnes & Thornburg (issuer)Grant Thornton (issuer)Bell Potter (lead manager)Morgans (lead manager)E&P Capital (lead manager)CommSec (lead manager) |
| Dec 2025 | Swoop Holdings | – | – | Entitlement offer | Completed | 10.0 | Telecommunications and digital infrastructure | Maddocks (issuer)MA Moelis Australia (lead manager) |
| Dec 2025 | Vulcan Energy Resources | – | – | Entitlement offer | Completed | 964.2 | Lithium and battery metals | Ashurst Perkins Coie (issuer)Canaccord Genuity (lead manager)Morgan Stanley (lead manager)ABN AMRO (lead manager) |
| Dec 2025 | Bubalus Resources | – | – | Placement | Completed | 1.5 | Gold and silver | Inyati Capital (lead manager) |
| Dec 2025 | HITIQ | – | – | Placement | Completed | 0.9 | Medical devices and technology | Spark Plus (lead manager) |
| Dec 2025 | IPB Petroleum | – | – | Placement | Completed | 1.3 | Oil and gas | Chieftain Securities (lead manager) |
| Dec 2025 | Arika Resources | – | – | Placement | Completed | 5.8 | Gold and silver | Bell Potter (lead manager) |
| Dec 2025 | AusQuest | – | – | Placement | Announced | 10.0 | Other mining and exploration | Euroz Hartleys (lead manager) |
| Dec 2025 | EQ Resources | – | – | Placement | Completed | 34.0 | Rare earths, mineral sands and critical minerals | Euroz Hartleys (lead manager)Canaccord Genuity (lead manager) |
| Dec 2025 | Almonty Industries | – | – | Placement | Completed | – | Rare earths, mineral sands and critical minerals | BofA Securities (lead manager) |
| Dec 2025 | Andean Silver | – | – | Placement | Completed | 30.0 | Gold and silver | Canaccord Genuity (lead manager)Euroz Hartleys (lead manager)SCP Resource Finance (lead manager) |
| Dec 2025 | Antares Metals | – | – | Placement | Completed | 2.0 | Gold and silver | Discovery Capital Partners (lead manager)Cumulus Wealth (lead manager) |
| Dec 2025 | National Storage REIT | – | Iridium SP BidCo | Scheme | Completed | 6,700.0 | REITs and property funds | Ashurst Perkins CoieCiti (sell-side)J.P. Morgan (sell-side)Clayton Utz (sell-side)Kroll (sell-side)EY (sell-side) |
Deals come from ASX announcements, scheme booklets, prospectuses, the advisers' own deal announcements and the press. How the data is built