BGH Capital (BGH) is an Australian
private equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a typ ...
company established in 2017 by Robin Bishop, Ben Gray, and Simon Harle. BGH is headquartered in
Melbourne
Melbourne ( ; Boonwurrung/ Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a me ...
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
TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth ...
, while Robin Bishop was previously head of
Macquarie Capital
Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia's t ...
Australia and New Zealand.
BGH Capital Fund I had a final close of approximately A$2.6 billion in May 2018. BGH Capital Fund II closed in February 2022 at $3.6 billion.
Investments
In 2019 BGH purchased
Perth
Perth is the list of Australian capital cities, capital and largest city of the Australian states and territories of Australia, state of Western Australia. It is the list of cities in Australia by population, fourth most populous city in Aust ...
-based education provider
Navitas in a $2.3 billion deal with
AustralianSuper and invested i
CyberCX creating the largest independent pure-play cyber security services firm in Australia and New Zealand.
In 2020 BGH acquired Healius' medical practices (now known a
For Health and purchased a stake in online travel agenc
TripADeal In May 2022 a 51% stake i
TripADealwas sold to
Qantas
Qantas Airways Limited ( ) is the flag carrier of Australia and the country's largest airline by fleet size, international flights, and international destinations. It is the List of airlines by foundation date, world's third-oldest airline sti ...
.
In 2020 BGH also acquired Abano Healthcare Group and
Village Roadshow
Village Roadshow Limited is an Australian company which operates cinemas and theme parks, and produces and distributes films. Before being acquired by private equity company BGH Capital, the company was listed on the Australian Securities Ex ...
's entertainment and leisure business.
In 2021 BGH acquired dental practices 1300SMILES, invested in Laurent, a Melbourne-based wholesale and retail artisan bakery and Australian chicken producer Hazeldene's.
In 2022 BGH acquired Bupa NZ's dental business and acquired
Virtus Health which was de-listed from the ASX. It also took a stake in
Pushpay
Pushpay Holdings Limited, known as Pushpay, is a donor management system for charities operating within the United States.
It is publicly listed on the New Zealand Stock Exchange NZX
New Zealand's Exchange (), known commonly as the NZX, ...
References
See also
*
Robin Gray (Australian politician)
Robin Trevor Gray (born 1 March 1940) is a former Australian politician who was Premier of Tasmania from 1982 to 1989. A Liberal, he was elected Liberal state leader in 1981 and in 1982 defeated the Labor government of Harry Holgate on a pol ...
– father of BGA co-founder Ben Gray
Companies based in Melbourne
Private equity firms of Australia
2017 establishments in Australia
Financial services companies established in 2017
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