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 t ...

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 met ...

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 c ...

, while Robin Bishop was previously head of Macquarie Capital 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 capital and largest city of the Australian state of Western Australia. It is the fourth most populous city in Australia and Oceania, with a population of 2.1 million (80% of the state) living in Greater Perth in 2020. Perth is ...

-based education provider Navitas in a $2.3 billion deal with

AustralianSuper AustralianSuper is an Australian superannuation fund headquartered in Melbourne, Victoria. With approximately one in every ten Australian workers as members, it is Australia's largest superannuation fund. AustralianSuper is an industry superan ...

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
TripADeal
was 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 world's third-oldest airline still in operation, having been founded ...

. 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 Virtus Health is an Australian company, headquartered in Sydney, that provides assisted reproductive technology, specialist pathology and day hospital services. Today, Virtus is one of the top five providers of assisted reproductive services in th ...

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 New Zealand's Exchange (), known commonly as the NZX, is t ...

Investments

References

See also