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 […]

News Digital Media Acquires Remaining 47.5% of Getprice.com.au

6 September 2010. The chief executive officer of News Digital Media, Richard Freudenstein, today announced that the company has completed the acquisition of Australia’s biggest* comparison shopping site Getprice.com.au. The financial details of the acquisition are not being disclosed. Founded in 2005 by Chris Hitchen and Jared Oken, and now covering two million products from […]