News Corp Divests Online Training Company Learning Seat to Private Equity Backed Management Buyout

7th Nov 2012. Melbourne-based e-Learning company Learning Seat has been acquired by a private equity backed management buyout brokered by advisory firm Wingate Group. The transaction terms have not being disclosed. With offices in Melbourne, Sydney, Brisbane and Adelaide, Learning Seat is a Melbourne-based supplier of web-based learning programs for Australian corporations, government groups, industry […]

Investor Netus Announces Management Buyout of News Ltd’s 50%

25th May 2012. Australian technology investor netus has announced that management has bought their joint venture partner, NEWS Ltd out of their 50% netus shareholding. Whilst the amount has not been disclosed, newspaper reports estimate it to be A$22.5m. Moving forwards, netus will be wholly owned by the management team. In March Daniel Petre, then […]

HomeAway Inc. acquires Australia’s vacation rental brand of REA Group Ltd

10th April 2011. Austin, Texas-based HomeAway, Inc., the worldwide leader in online vacation rentals, has acquired realholidays.com.au, the Australian vacation rental brand of REA Group Limited. The acquisition of realholidays.com.au, which features 21,000 listings not only broadens HomeAway’s reach into the Australian market, but also marks its expansion from North America, South America and Europe […]