Go to deals
Consumer & Retail | Private Equity

RACE consortium has acquired V8 Supercars

Archer Capital has sold V8 Supercars Holdings Pty Ltd (V8 Supercars) to Racing Australia Consolidated Enterprises Ltd (RACE).

RACE is a newly formed consortium of motorsports and related industry players. Led by entrepreneur Barclay Nettlefold, the consortium includes the Australian Racing Group (ARG), motor racing great Mark Skaife, advisory firm Henslow, and a host of media, sports and entertainment investors. RACE brings together an experienced board who are motivated to reset and reenergize V8 Supercars. The new ownership group has operational experience and brings significant marketing clout to V8 Supercars and is excited about aligning the major circuit racing categories in Australia.

V8 Supercars is one of the world’s most iconic sporting and entertainment franchises which is ingrained in Australian culture. With events featured in every state and territory of Australia, V8 Supercars is one of Australia’s most recognized sporting events, with premier races such as the Bathurst 1000.

Archer Capital is one of Australia’s most experienced private equity investors. Archer Capital was established in 1997 and is 100% Australian-owned with US$1.9 billion invested across 31 businesses.

Oaklins’ team in Australia acted as corporate advisor to RACE in this transaction.

Parties

Talk to the deal team

Justin Lewis

Managing Director
Melbourne, Australia
Oaklins Henslow

Related deals

GARAIO has been acquired by Netrics Group.
Private Equity | TMT

GARAIO has been acquired by Netrics Group.

Netrics Group has acquired GARAIO AG as a wholly owned subsidiary. GARAIO will continue to operate as an independent company under the umbrella of Netrics Group. With this acquisition, Netrics Group is further expanding its leading position as a provider of managed cloud and digital workplace solutions as well as consulting services.

Learn more
Venus Wine & Spirit Merchants plc has been acquired by Booker Group Ltd., a subsidiary of Tesco plc
Consumer & Retail | Food & Beverage

Venus Wine & Spirit Merchants plc has been acquired by Booker Group Ltd., a subsidiary of Tesco plc

The shareholders of Venus Wine & Spirit Merchants plc have sold the company to Booker Group Ltd., a subsidiary of Tesco plc. The move allows the Tesco subsidiary to bolster its on-trade portfolio through the addition of Venus’ range of over 2,000 spirits, beers, wines and soft drinks.

Learn more
Foreman Capital has raised financing for the acquisition of Rijcken Groep
Private Equity | Food & Beverage

Foreman Capital has raised financing for the acquisition of Rijcken Groep

Foreman Capital, a Netherlands-based private equity firm, has secured debt financing for the acquisition of international food wholesaler Rijcken Groep. The financing package, provided through a club deal by Rabobank and ING, is designed to support Rijcken Groep’s organic growth as well as its planned buy-and-build strategy.

Learn more