News

News2019-11-27T14:29:56+11:00

Cann Group completes capital raising

E&P acts as Joint Lead Manager to placement undertaken by Cann Group

By |17 July, 2020|

We are pleased to announce that Cann Group (ASX:CAN) has successfully raised $14.3 million via an institutional placement. Funds raised will be used to progress product development, R&D, market development and fund working capital requirements. A shareholder purchase plan is now open to raise up to a maximum of $10 million.

Cann Group was issued Australia’s first Medicinal Cannabis Cultivation Licence, which authorised the company to produce Australia-grown cannabis for medicinal purposes. Cann Group has established R&D and cultivation facilities in Australia to facilitate the supply of medicinal cannabis for a range of diseases and medical conditions.

Viva Energy REIT internalises management arrangement

E&P acts as adviser to Viva Energy REIT on the internalisation of its management function

By |2 June, 2020|

Waypoint REIT (ASX:WPR) (formerly Viva Energy REIT (ASX:VVR)) has agreed terms with Viva Energy Group Limited (ASX:VEA), the parent entity of VER Manager Pty Ltd, to internalise the management function of Viva Energy REIT.

Waypoint REIT is Australia’s largest listed REIT owning solely service station and convenience properties across all Australian States and mainland Territories.

Hotel Property Investments completes capital raising

E&P acts as a Joint Lead Manager and Underwriter to placement undertaken by Hotel Property Investments

By |26 February, 2020|

We are pleased to announce that Hotel Property Investment (ASX:HPI) has completed a $30 million institutional placement to fund new acquisitions of $60 million.

Hotel Property Investments is the owner of 43 pub and accommodation assets, 41 leased to Queensland Venue Co (QVC). QVC is a joint venture between Coles and Australian Venue Co (AVC) established in March 2019. As part of the joint venture AVC manage the pub and hotel business and Coles the packaged liquor business.

Titomic completes capital raising

E&P acts as Joint Lead Manager to placement undertaken by Titomic

By |26 February, 2020|

We are pleased to announce that Titomic (ASX:TTT), a 3D metal printing business, has completed an oversubscribed $19 million capital raising via a private placement.

The proceeds from the raising will be used for working capital requirements and to support business growth initiatives, which include the expansion of a production facility, hiring of additional staff and establishment of the company’s offshore operations.

Cann Group completes capital raising

E&P acts as a Joint Lead Manager to convertible note issuance undertaken by Cann Group

By |7 February, 2020|

We are pleased to announce that Cann Group (ASX:CAN) has completed an $8 million raising via the issuance of unsecured convertible notes.

Cann Group was issued Australia’s first Medicinal Cannabis Cultivation Licence, which authorised the company to produce Australia-grown cannabis for medicinal purposes. Cann Group has established R&D and cultivation facilities in Australia to facilitate the supply of medicinal cannabis for a range of diseases and medical conditions.

The proceeds from the raising will be used to support working capital requirements.

Adairs acquisition of Mocka

E&P acts as financial adviser to Adairs in its acquisition of Mocka

By |5 December, 2019|

We are pleased to announce that Adairs Limited (ASX:ADH) has entered into a binding agreement to acquire all of the shares of Mocka Limited (“Mocka”) for a notional initial enterprise value of circa NZ$80.0 million (A$75.5 million).

Mocka is an online retailer of home and living products operating in Australia and New Zealand. Founded in 2007, the business sells well designed, functional and stylish products in Home Furniture & Décor, Kids and Baby categories.

E&P acted as financial adviser to Adairs, with the acquisition representing the first acquisition made by Adairs since listing on ASX in 2015.

QIC’s Global Infrastructure Fund

E&P acts as financial adviser to QIC in its acquisition of a majority interest in Nexus Hospitals

By |3 December, 2019|

We are pleased to announce that QIC’s Global Infrastructure Fund (QGIF) has acquired a circa 75% equity interest in Nexus Hospitals.

Nexus Hospitals is Australia’s second largest day hospital platform which owns a portfolio of day and short-stay hospitals across Australia. The business provides the medical infrastructure across a broad range of low acuity, non-emergency and largely non-elective surgeries for doctors.

E&P acted as financial adviser to QIC, with the acquisition representing the first social infrastructure investment for QGIF in the healthcare sub-sector.

KKR Credit Income Fund IPO

E&P acts as Joint Lead Manager to the IPO of the KKR Credit Income Fund

By |27 November, 2019|

We are pleased to announce the successful IPO of the KKR Credit Income Fund, which has commenced trading on the ASX. $925 million was raised under the IPO, with funds to be invested in global credit investments, across traded credit and private credit.

KKR is a leading global investment firm and has been investing in the Australian market since 2006. KKR has leveraged its investment experience and relationships with its clients to become the manager of one of the largest fixed income listed investment trusts.

Carbon Revolution IPO

E&P acts as Joint Lead Manager to the IPO of Carbon Revolution

By |27 November, 2019|

We are pleased to announce the successful IPO of Carbon Revolution, which commences trading on the ASX on 4 December 2019. $90 million was raised under the IPO to allow Carbon Revolution to invest in new manufacturing equipment as well as fund R&D initiatives. This gives Carbon Revolution an indicative market capitalization of $331 million.

Carbon Revolution is an Australian-based advanced manufacturing company, which was established in Geelong in 2007 to develop and commercialise single piece carbon fibre wheel technology. Carbon Revolution is the only company globally to have successfully developed and manufactured single piece carbon fibre automotive wheels to Original Equipment Manufacturers standards with commercial adoption by several car makers.

The IPO is a great achievement for the Carbon Revolution team in a very challenging domestic IPO market.

Terragen IPO

E&P acts as Joint Lead Manager to the IPO of Terragen

By |27 November, 2019|

We are pleased to announce the successful IPO of Terragen, which commences trading on the ASX on 11 December 2019. $20 million was raised under the IPO to fund the commercialisation of Terragen products across Australia and New Zealand, expand into global markets such as the US and Europe, and invest in R&D.

Terragen is an Australian agricultural biotech company which aims to reduce reliance on chemicals and antibiotics, for the benefit of farmers and the environment. Terragen has developed and commercialised a portfolio of natural biological probiotic products for crops and animals.

We congratulate Terragen on its successful ASX listing and are grateful to have been involved in a “first of its kind” ag-biotech IPO on the ASX.

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