Fundz

Pag To Acquire Australian Venue Co From Kkr

Aug 24, 2023

Acquiring Company

PAG

Acquired Company

Australian Venue Co

AustraliaFood and BeverageFood And BeverageFood And BeverageHospitality

Description

Global investment firm KKR and PAG, a leading alternative investment firm focused on Asia Pacific, today announced the signing of definitive agreements under which PAG will acquire KKR’s controlling interest in Australian Venue Co (“AVC”). Financial terms of the transaction were not disclosed.

Quick answer

PAG is acquiring Australian Venue Co, announced August 24, 2023.

How much did PAG pay for Australian Venue Co?
The deal value was not disclosed.
What does PAG do?
Credit & Markets, Private Equity, and Real Assets.
Where are PAG and Australian Venue Co based?
Australian Venue Co is based in Australia.
Who are the decision-makers at PAG?
Fundz holds 2 contacts at PAG. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Food and Beverage and Food And Beverage

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

PAG

About

Credit & Markets, Private Equity, and Real Assets. PAG Private Equity is an active investor in Australian food and consumer businesses and is the owner of Patties Foods, Cordina Farms and Craveable Brands, which includes the brands Red Rooster, Oporto, Chargrill Charlie’s and Chicken Treat. For more information, please visit www.pag.com.

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Related People

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Frequently asked

Who acquired Australian Venue Co?

Australian Venue Co was acquired by PAG. The deal was reported on August 24, 2023. Credit & Markets, Private Equity, and Real Assets. PAG is privately held and operates in Food and Beverage.

When did PAG acquire Australian Venue Co?

PAG's acquisition of Australian Venue Co was reported on August 24, 2023. Global investment firm KKR and PAG, a leading alternative investment firm focused on Asia Pacific, today announced the signing of definitive agreements under which PAG will acquire KKR’s controlling interest in Australian Venue Co (“AVC”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Australian Venue Co do?

Australian Venue Co (AVC) is a food and beverage-led hospitality group that owns and operates more than 210 pubs, bars and event venues across Australia and New Zealand. It is privately held, operating in Food And Beverage, and is based in Australia.

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