BGH Capital

{{Short description|Australian private equity company}}

{{COI|date=July 2024}}

{{Use Australian English|date=May 2020}}

{{Use dmy dates|date=May 2020}}

{{Infobox company

| logo = 200px

| name = BGH Capital

| foundation = {{start date and age|2017}}

| founders = Robin Bishop
Ben Gray
Simon Harle

| location = Melbourne

| location_country = Australia

| industry = Private equity

| products =

| assets =

| owner =

| parent =

| subsid =

| homepage = https://www.bghcapital.com

}}

BGH Capital (BGH) is an Australian private equity company established in 2017 by Robin Bishop, Ben Gray, and Simon Harle. BGH is headquartered in Melbourne and is owned and managed by its founding partners.

Ben Gray and Simon Harle established and led the Australian and New Zealand private equity team at TPG Capital, while Robin Bishop was previously head of Macquarie Capital Australia and New Zealand.{{cite web |url=https://www.bghcapital.com/team/ |title=Our team |author= |date=2020 |website=BGH |access-date=18 May 2020}}{{cite web |url=https://www.smh.com.au/business/markets/masters-of-their-own-universe-crack-team-set-to-shake-up-private-equity-20180413-p4z9eq.html |title=Masters of their own universe: crack team set to shake up private equity |last=Pyne |first=Ingrid |date=13 April 2018 |website=Sydney Morning Herald |publisher=Nine Entertainment Co |access-date=18 May 2020}}

BGH Capital Fund I had a final close of approximately A$2.6 billion in May 2018 and is now fully deployed.

BGH Capital Fund II achieved final close in February 2022 at A$3.6 billion.{{Cite web |date=2022-03-01 |title=BGH Capital hits $3.6b hard cap for Fund II |url=https://www.afr.com/street-talk/bgh-capital-hits-3-6b-hard-cap-for-fund-ii-20220301-p5a0pv |access-date=2022-04-26 |website=Australian Financial Review |language=en}} This represents the largest private equity fund focused on Australia and New Zealand.

Investments

The following schedule indicates the businesses BGH has targeted and acquired, which they continue to manage.

class="wikitable"

|+

!Investment

!Year acquired

!Description

!Ref

Navitas

|2019

|Global education provider

|{{cite web |last=Williams |first=Peter & AAP |date=21 March 2019 |title=Navitas accepts $2.3b offer from BGH Consortium |url=https://thewest.com.au/business/markets/navitas-accepts-23b-offer-from-bgh-consortium-ng-b881143232z |access-date=18 May 2020 |website=The West Australian |publisher=Seven West Media}}

CyberCX

|2019

|Australian cyber security provider

|{{Cite web |date=2019-10-14 |title=BGH Capital backs major new cyber security player |url=https://www.afr.com/technology/bgh-capital-backs-major-new-cyber-security-player-20191010-p52zjv |access-date=2022-04-22 |website=Australian Financial Review |language=en}}

ForHealth

|2020

|Australian primary services care provider

|{{Cite web |date=2020-06-14 |title=Just what the doctor ordered: BGH buys Healius' medical centres |url=https://www.afr.com/street-talk/just-what-the-doctor-ordered-bgh-buys-healius-medical-centres-20200614-p552ev |access-date=2022-04-22 |website=Australian Financial Review |language=en}}

Abano Healthcare

|2020

|One of the largest dental networks in Australia and New Zealand

|{{Cite web |date=2020-08-30 |title=Abano Healthcare locks in 70pc premium for new takeover |url=https://www.afr.com/street-talk/abano-healthcare-locks-in-70pc-premium-for-new-takeover-20200829-p55qjf |access-date=2022-04-22 |website=Australian Financial Review |language=en}}

Village Roadshow

|2020

|Entertainment and leisure business

|{{cite web |last=Powell |first=Dominic |date=18 May 2020 |title=Village Roadshow agrees to takeover talks with BGH |url=https://www.smh.com.au/business/companies/village-roadshow-enters-500-million-takeover-talks-with-bgh-20200518-p54txi.html |access-date=18 May 2020 |website=Sydney Morning Herald |publisher=Nine Entertainment}}

Laurent

|2021

|Melbourne-based wholesale and retail artisan bakery

|{{Cite web |date=2021-11-25 |title=BGH Capital cooks up deal for Melbourne's Laurent Bakery |url=https://www.afr.com/street-talk/bgh-capital-cooks-up-deal-for-melbourne-s-laurent-bakery-20211125-p59c8p |access-date=2022-04-22 |website=Australian Financial Review |language=en}}

Hazeldene's

|2021

|Australian Poultry producer

|{{Cite news |date=2021-10-28 |title=Chicken meat producer Hazeldenes sold to private equity firm |url=https://www.abc.net.au/news/rural/2021-10-29/chicken-meat-producer-hazeldenes-sold/100579224 |access-date=2022-04-22 |work=ABC News |language=en-AU}}

Virtus Health

|2022

|Provider of assisted reproductive services

|{{Cite web |title=Virtus health - removal from official list |url=https://www.asx.com.au/asxpdf/20220804/pdf/45cjy0dqr05zfc.pdf |website=Australian Securities Exchange}}

Pushpay

|2023

|Software and payments provider to faith-based sector

|{{Cite web |date=5 May 2023 |title=Pushpay gone, and for some offshore hedge funds, for less than hoped |url=https://www.afr.com/street-talk/pushpay-gone-and-for-some-offshore-hedge-funds-for-less-than-hoped-20230430-p5d4cx |website=Australian Financial Review}}

Fusion5

|2024

|Australasian business applications technology specialist

|{{Cite web |date=14 December 2023 |title=BGH Capital to acquire Waterman Capital's IT biz Fusion5 |url=https://www.afr.com/street-talk/bgh-capital-to-acquire-waterman-capital-s-it-biz-fusion5-20231214-p5erkq |website=Australian Financial Review}}

References

{{reflist}}

See also