trending Market Intelligence /marketintelligence/en/news-insights/trending/9DBZuyCxNNprODnQ4V0_Ag2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

CHAMP Private Equity to take majority interest in fighter jet parts maker

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


CHAMP Private Equity to take majority interest in fighter jet parts maker

CHAMP Private Equity Pty. Ltd. is poised to acquire a majority stake in Australian fighter jet parts maker Marand Precision Engineering Pty. Ltd., The Australian Financial Review's Street Talk blog reported.

The target company, which caters to customers including Lockheed Martin Corp., Boeing Co., BAE Systems PLC, BHP Group and Rio Tinto, is deemed to have annual revenue of more than A$100 million.

According to the publication, the Australian government's commitment to allocate 2% of the country's gross domestic product to spending on the defense market by 2021 must have driven CHAMP to make a rare investment into that sector.

CHAMP is also set to launch its fifth fund, which is set to raise about A$700 million in the second half, sources familiar with the matter said.

KPMG Corporate Finance provided advice to Marand and its founding family, along with law firm Gadens and accountants Dobbyn and Carafa, while Gilbert + Tobin served as adviser to CHAMP.