Street Talk
First Look

Good evening,

As the sharemarket correction punches holes in investment portfolios, dealmakers are keeping brave faces and trying to get transactions signed before conditions deteriorate any further.

While plenty of listed companies will come on to private equity radars following the sell-off, all eyes are on funding markets to see whether suitors can be in a position to pounce. 

Tonight we are focused on an Australia-based tech unicorn which is back  in front of venture capital investors only one year after it last raised fresh funds. 

While listed equity markets may be punishing such growth stories, the unlisted AirWallex is hoping for a much better reception from existing and new potential investors as it pitches its growth story. 

Elsewhere, we have a new deal from Australian private equity firm Anacacia Capital and reveal which financial advisory firm has popped up in Boral's camp

There's also updates on a couple of auctions - Village Roadshow and Laureate, where we revealed an interesting American suitor that lobbed a bid last week. 

Happy reading,

Sarah, Anthony and Tim.

Tomorrow's headlines

Anacacia Capital upskills for new buyout

Private equity firm Anacacia Capital is forging its way into Australia's jobs and training sector. 


Flagstaff joins Macquarie in review to identify Boral's woes

Macquarie Capital isn't alone helping struggling building products giant Boral with its internal review. 


Aussie unicorn Airwallex back pitching for fresh funds

This next capital raising should be seamless - at least when it comes to the transfer of funds.

 

Scottish Pacific X-factor: cash bid secures CML Group

It's payday for invoice and equipment financier CML Group.


US heavyweight lobs final Laureate bid; battles PEP

US university owner Strategic Education makes binding offer for Laureate's Australian and NZ businesses. 

 
 
Sarah Thompson, Anthony Macdonald and Tim Boyd.
Street Talk Editors
 

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