Converge International receives investment from the Victorian Business Growth Fund
Converge International has raised funds from the Victorian Business Growth Fund. The investment was managed by ROC Partners and the capital raised will be used to fund the acquisition of HeadUp Labs and support future growth.
Converge is Australia’s most established B2B workplace mental health and wellbeing service provider, enabling corporate and government organizations to provide their employees with the wellbeing support they need, reducing risk, improving employee resilience and increasing workforce participation.
Oaklins’ team in Australia advised Converge International on their investment from the Victorian Business Growth Fund.
Chairman, Converge International
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Zephyr Group has acquired PK OEM Parts
Zephyr Group has acquired PK OEM Parts. With the entry of PK OEM Parts, Zephyr Group aims to achieve a consolidated turnover of approximately US$65 million in 2023. The acquisition will allow an increase in the services and product range offered to customers by leveraging the group’s know-how and logistical capabilities. Furthermore, the acquisition represents a step forward in the growth and consolidation strategy that Zephyr Group started in 2018 with the acquisition of Spanish competitor SKV.Learn more
Baird Capital invests in Freemarket
Baird Capital has completed a growth capital investment in Freemarket. The investment supports Freemarket’s continuing fast growth and international expansion, as well as providing a partial cash-out to existing shareholders.Learn more
Strahinjcica has been acquired by Studenac
The owner of Strahinjcica has sold the company to Studenac.Learn more