BGH Capital Fund History and Investment Strategies

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BGH Capital has a long history of successful investments, dating back to its founding in 2016. The firm was established by a team of experienced investors who had a proven track record of identifying and backing high-growth companies.

One of BGH's early investments was in a software company that provided cloud-based solutions to businesses. This investment was made in 2017 and was a key factor in the company's rapid growth and eventual sale to a major tech firm.

BGH's investment strategy focuses on backing companies with strong management teams and scalable business models. The firm looks for opportunities to invest in companies that are poised for significant growth and have the potential to become market leaders.

Fund History

BGH Capital has a strong history of raising funds to support its private equity business. The firm has four funds, including BGH Capital Fund II.

BGH Capital Fund II is the largest fund in the hands of an Australian buyout firm, with a first close of $3 billion in recent weeks. This is a significant achievement, considering the firm's founders secured $2.6 billion in capital commitments for their maiden fund four years ago.

Here are the details of BGH Capital's four funds:

4 Fund Histories

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BGH Capital has a total of 4 funds, with the most recent one being BGH Capital Fund II, which closed on 3/1/2022.

The fund type and status of BGH Capital Fund I and BGH Capital - Marron Co-Investment Trust are currently hidden behind a subscription wall, but we can see that BGH Capital Fund II is a fund with a closing date of 3/1/2022 and an amount of $2,620M.

The amount of BGH Capital - Marron Co-Investment Trust is listed as $XXM, but the source of this information is listed as 10.

Here is a list of the 4 funds, including their closing dates and amounts:

The sources of the information for each fund are listed as 1, 10, 10, and 10 respectively.

6 Acquisitions

BGH Capital has made some significant moves in the market, acquiring 6 companies. Their latest acquisition was Pushpay on May 29, 2023, with a valuation of $XXM.

The acquisition was a take-private deal, which means that BGH Capital bought out the company, taking it private from the public market.

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BGH Capital has been actively acquiring companies, with a total of 6 deals completed. Here are the details of their acquisitions:

Note that the valuations for the earlier acquisitions are not publicly disclosed, as they are hidden behind a paywall. However, we do know that the acquisition of Pushpay was a significant deal, with a valuation of $XXM.

Restocks War Chest with $3bn First Close

BGH Capital has successfully raised $3 billion for its new buyout fund, BGH Capital Fund II, marking a significant milestone for the Australian private equity firm.

This first close is a testament to the firm's reputation as a heavyweight player in the Australian deals market, with investor sources confirming the raise.

The quick raising comes after BGH Capital's founders secured $2.6 billion in capital commitments for their maiden fund four years ago.

BGH Capital has since put most of that money to work, acquiring several notable companies, including Navitas and Abano Healthcare.

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The new fund would be the largest open fund in Australian private equity, not including regional funds run by big offshore managers like KKR & Co and Blackstone.

Here's a breakdown of BGH Capital's fund history:

The new fund is expected to be used to realize existing investments, manage the portfolio, and make new acquisitions, setting the scene for a busy 2022 for BGH Capital.

Private Equity Firm Overview

BGH Capital has a relatively small portfolio with only 2 companies acquired in the last 3 years.

The firm's investment focus is primarily on the healthcare services sector, accounting for 38% of its investments, and the food sector, which makes up 25% of its investments.

BGH Capital's investment types are also quite specific, with going private deals making up 50% of its investments and buyout deals, including LBO, MBO, and MBI, accounting for 25%.

Private Equity Firm Overview

BGH Capital is a private equity firm that has made 6 investments, with their latest investment being in Navitas as part of their Private Equity on December 01, 2024.

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They have a diverse portfolio, with investments in various sectors such as healthcare services, food, and entertainment. In fact, BGH Capital's most common sectors for investment are healthcare services (38%) and food (25%).

Their most common investment types include going private (50%) and buyout (LBO, MBO, MBI) (25%). BGH Capital has invested in 1 US state and 2 different countries.

Here's a breakdown of their acquisitions:

BGH Capital's largest disclosed acquisition was Navitas, which they acquired for $1.2B in 2019.

Portfolio Exits

Portfolio exits are a crucial aspect of a private equity firm's business model. Typically, they occur after a 5-7 year holding period.

Private equity firms often sell their portfolio companies to strategic buyers, which can be other companies in the same industry. This type of exit is called a trade sale.

The sale of a portfolio company to a financial buyer, such as another private equity firm, is another common exit strategy. This type of exit is called a secondary buyout.

Private equity firms can also take their portfolio companies public through an initial public offering (IPO). This is a way for the firm to exit its investment and provide liquidity to its investors.

Cloud

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BGH Capital, a private equity firm based in Melbourne, Australia, has a strong presence in the region. They have a dedicated team of 25 professionals who work together to build market-leading businesses.

The firm has a diverse portfolio of companies, with a focus on mid-market companies across various sectors. They have a presence in sectors such as Business Services, Communications, and Consumer Products.

BGH Capital has a strong online presence, with their website and contact information readily available. You can find them at Level 26, 101 Collins Street, Melbourne, VIC 3000, Australia, or visit their website at www.bghcapital.com.

BGH Capital has a total of 1 office, which is a testament to their commitment to the Australian market.

Frequently Asked Questions

Who is the owner of BGH Capital?

BGH Capital is owned and managed by its founding partners, Robin Bishop, Ben Gray, and Simon Harle. They are experienced investors who have a proven track record of building successful investment businesses.

How big is the BGH Capital Fund?

BGH Capital Fund I closed at A$2.6 billion in 2018, while BGH Capital Fund II closed at A$3.6 billion in 2022, making it the largest private equity fund focused on Australia and New Zealand.

Maggie Morar

Senior Assigning Editor

Maggie Morar is a seasoned Assigning Editor with a keen eye for detail and a passion for storytelling. With a background in business and finance, she has developed a unique expertise in covering investor relations news and updates for prominent companies. Her extensive experience has taken her through a wide range of industries, from telecommunications to media and retail.

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