Goldman Sachs

AVC LOOK TO RAISE $350m IN IPO

Posted on May 5th, 2021 by Clyde Mooney
Australian Venue Co. has taken the next steps toward its public float, with fund managers this week informing investors the process will look to raise $352 million, while New York financial giants KKR retain their share.  American heavyweight KKR secured

AVC ROLLING OUT THE ASX ROADSHOW

Posted on April 28th, 2021 by Clyde Mooney
After years of rumours and a pandemic delay, Australian Venue Co has finally kicked off its run at the ASX. Australian Venue Co (AVC) has 175 venues across Australia and New Zealand, having aggressively accumulated leasehold sites since 2014. Majority-owned

MOELIS MAY FINALLY MEET THE MARK FOR REDCAPE BUY

Posted on May 5th, 2017 by Clyde Mooney
In a crescendo years in the making, investment bank Moelis is believed to have secured an SIV fund purchase of the lucrative Redcape portfolio for circa $700 million. The AFR reports Moelis has broken with a proposed partnership with publican

RUMOURS ABOUND, BUT REDCAPE STILL IN THE AIR

Posted on March 13th, 2017 by Clyde Mooney
Speculation around what is arguably the country’s most talked-about pub group continues, as investment banks look to realise $700m out of Australia’s smokin’ hotel sector. The A-list portfolio that makes up Redcape Hotel Group has been seeking a suitor for

GOLDMAN SACHS CALLED TO BROKER REDCAPE SALE

Posted on September 7th, 2016 by Clyde Mooney
As the money-shuffling strategies of its hedge fund owners continues, another potential sales process has emerged for Australia’s high-profile pub group. New York-based Värde Partners and York Capital Management hold the deeds to the gaming-centric Redcape Hotel Group, but will

THE FATE OF REDCAPE PROPERTY PAWN

Posted on July 11th, 2016 by Clyde Mooney
As rumours circle around the fate of one of Australia’s largest and most influential operators, the reality of investment capital in Aussie pubs stays the same. Redcape Hotel Group owns and operates 23 freehold going concerns, with a portfolio value