Who is Pacific Equity Partners?
Pacific Equity Partners is a private equity firm based in Australia.
Pacific Equity Partners
- Type
- private equity firm
- Headquarters
- Australia
- Website
- pep.com.au
How they work
Australian private-markets manager founded in 1998, investing principally in established Australia and New Zealand businesses through private equity, secure-assets, credit and global-access strategies.
PEP has a public general enquiry form. Its materials describe management participation in operating-company value creation and support for portfolio-company acquisitions. PEP does not publish a stage-by-stage transaction timetable, diligence checklist or signing protocol.
- Sector focus
- Private Equity considers all sectors, while Secure Assets focuses on energy/utilities, digital/telecommunications, transport/logistics, waste/water, social and agricultural infrastructure; tobacco, gaming/gambling, weapons and coal-focused investments are excluded.
- Geography
- Companies with principal operations in Australia or New Zealand.
- Ownership
- Leveraged buyouts and majority/control investing; transaction forms include public-to-private, corporate carve-out, founder/private-vendor, secondary and partnership deals.
- Majority or minority
- Majority/control for Private Equity and Secure Assets; other strategies differ.
- Platform or bolt-on
- Platforms and bolt-ons are both used; official material states more than 250 investments including bolt-ons, while PEP assists portfolio companies with acquisitions.
- Target EBITDA
- Targets profitable rather than start-up or unprofitable businesses; no numeric EBITDA threshold is stated.
- Capital model
- Private Equity and Secure Assets use closed-ended funds; PEP also operates credit and global-access strategies. Team members invest in PEP funds, and institutional, sovereign-wealth and private-wealth investors supply capital.
- Capital
- A$19 billion AUM across investment strategies.
- Founder ownership
- Founded by Rickard Gardell, Paul McCullagh, Simon Pillar and Tim Sims; team members invest in PEP funds. Ultimate firm ownership percentages are not publicly stated.
Their portfolio
- SectorPoultry farming and agricultural infrastructureWhat they doDevelops and operates poultry farms under long-term processor contracts in Australia and New Zealand.
- SectorTraffic management servicesWhat they doProvides traffic control, safety, permitting and design services for infrastructure customers.
- SectorTransfer-agent and shareholder servicesWhat they doProvides technology-enabled transfer-agent, registrar, governance, advisory and shareholder services in North America.
- SectorIndustrial and safety supplies distributionWhat they doDistributes tools, lubricants, workwear, safety and welding supplies through an Australian branch network.
- SectorHealth, weight-management and supplementsWhat they doSells direct-to-consumer weight-management shakes and supplements, including The Man Shake and The Lady Shake.
- SectorPrivate hospitals and rehabilitationWhat they doOperates private hospitals, rehabilitation clinics and mental-health services in New Zealand and Australia.
- SectorWealth management and financial adviceWhat they doNew Zealand wealth-advisory and asset-management platform formed from NAB and Jarden carve-outs.
- SectorLogistics and supply-chain managementWhat they doOperates the efm fourth-party logistics platform and asset-light carrier businesses.
- SectorPrivate hospitalsWhat they doOperates Australian hospitals and day surgeries providing acute, rehabilitation and mental-health services.
- SectorAllied health servicesWhat they doOperates physiotherapy, podiatry and optometry clinics across Australia.
- SectorConsumer healthcare and pharmaceuticalsWhat they doMarkets prescription and over-the-counter healthcare products across Australasia, Africa and Asia.
- SectorSmart-metering infrastructureWhat they doInstalls and operates smart meters and associated energy-data services in Australia and New Zealand.
- SectorInsurance building, restoration and home servicesWhat they doProvides insurance building and catastrophe restoration, strata management and related home services.
- SectorMedical-device distributionWhat they doDistributes implantable devices, consumables and medical capital equipment in Australia and New Zealand.
- SectorBioenergy and methane abatementWhat they doDesigns, builds, owns and operates landfill-biogas recovery and renewable-energy infrastructure.
- SectorHealthcare and government softwareWhat they doProvides clinical software, secure-records systems and professional technology services in Australia and the UK.
- SectorEducational resourcesWhat they doSupplies curriculum-aligned educational products to schools and early-learning centres.
- SectorResidential aged careWhat they doOperates residential, respite, dementia and palliative-care communities across Australia.
- SectorFrozen savoury foods and dessertsWhat they doManufactures frozen pies, sausage rolls and desserts for grocery, convenience and food-service channels.
- SectorResidential land-lease communitiesWhat they doOwns and develops Australian land-lease communities providing housing for people aged over 55.
- SectorFleet management and mobilityWhat they doProvides vehicle leasing, fleet management and integrated mobility services across Australia, New Zealand and the UK.
- SectorData-centre infrastructureWhat they doOwns, operates and develops data centres supporting cloud, AI and mission-critical services.
- SectorPrivate tertiary educationWhat they doOperates vocational training and university-foundation programmes across New Zealand and Australia.
- SectorEmbedded utility networksWhat they doOwns and operates last-mile electricity, hot-water, solar and EV-charging infrastructure in multi-tenant buildings.
All 24 tracked holdings shown
Exited holdings
Confirmed former portfolio companies, shown separately from current holdings.
- SectorPrivate educationWhat they doFormer education group comprising schools and tertiary divisions in New Zealand and Southeast Asia. (exited)
- SectorBakery products and ingredientsWhat they doProduces flour, bakery premixes and prepared bakery products for Australian customers. (exited)
- SectorAutomotive accessories manufacturingWhat they doManufactures and distributes towing equipment, sports bars and vehicle accessories. (exited)
- SectorManuka honey, supplements and personal careWhat they doManufactures manuka honey, bee-derived supplements, personal-care products and gourmet foods. (exited)
- SectorRemote hybrid-power infrastructureWhat they doDesigns, builds and operates thermal and renewable remote-power systems for Australian customers. (exited)
Sources
- pep.com.au · portfolio page
- pep.com.au · website
- pep.com.au · research
- pep.com.au · research
- pep.com.au · research
- pep.com.au · research