Victoria-backed fund behind scrap metal roll-up
Roc Partners is acting on behalf of a state-sponsored business fund.
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Roc Partners is acting on behalf of a state-sponsored business fund.
Australia’s busiest buyout firm, Quadrant Private Equity, has raised $530 million for its second growth fund and told investors it is in closing in on the new fund’s first investment.
Roc Partners, with $7.4 billion in assets, has high hopes for an ASX listing for the Australia’s Oyster Coast business.
Roc wins time as Vitalharvest vote delayed to June Save Share Roc Partners has won itself more time to lift its offer for Costa fruit orchard landlord Vitalharvest, after a meeting to vote on Macquarieâs latest revised offer for the trust was postponed until early June. A unitholder meeting to vote on Macquarieâs previously recommended takeover offer of $1.26 per unit or $348.1 million to purchase all the trustâs assets was meant to take place on Wednesday at 2pm. This was before Roc lobbed a $1.27 per unit offer â its seventh â or alternatively $350 million to buy al...
Macquarie poised to seal Vitalharvest deal Share Macquarie’s real estate arm moved a step closer to sealing its takeover of Costa landlord Vitalharvest after exercising a call option to acquire a 16.2 per cent slice of the orchard trust from its manager, Primewest. In doing so, Macquarie Infrastructure and Real Assets (MIRA), through its bidding vehicle Macquarie Agricultural Funds Management (MAFM), became the largest shareholder in Vitalharvest. Vitalharvest owns seven orchards, including four berry farms. This move comes just days before unitholders are to vote on whether to accept MIR...