Good evening,

You've got mail. Tonight, Street Talk reveals which local courier franchisor has been signed, sealed and delivered to the desks of potential private equity buyers and trade suitors.

The company in question is owned by Barry and Sandra Smorgan's family office, Sandbar Investments, and expects system sales worth $80 million for the 2021 financial year.

Meanwhile, Brookfield's plans to float Queensland coal terminal owner Dalrymple Bay Infrastructure kicked up a gear today when pre-deal marketing reports landed in fund manager inboxes.

We take a deeper dive into the numbers behind the deal, including how much Brookfield will seek to raise and how much of its stake it wants to offload.

Finally, a managing director at local private equity firm Archer Capital is joining the board of ethical superannuation fund Future Super, and Downer Group is refinancing Spotless' debt stack.

Happy reading,

Sarah Thompson, Anthony Macdonald and Tim Boyd

Street Talk Editors