Deals from FinancePlus Oceania

Deals from FinancePlus Oceania

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Australian Film Production Company Seeking Seed Funding

The Company is a film production company specializing in feature length film development and production. The Company takes on a variety of projects at many stages of the production process from raw concepts and draft scripts to full feature film production and sale. As a production company, the Company is a combination of several business types. These include:
1. Professional services, such script writing and editing.
2. Agency, such as selling scripts/projects on behalf of writers to studios/distributors.
3. Production, employing entire casts and crews to produce a film.

The Company is in a unique position in the market place as both a home grown Australian production company that qualifies for various government tax grants and has a potential global market of sales.
The Company opened it door last August as production house, in that time it has established itself with government agencies which are crucial with the implementation of its film finance formula. The Company has established a slate of five (5) films to be produced under the its banner. Capital outlay to date has been on camera gear, sound gear, lighting gear , all of which is use by the Company or hired out to other film makers. Other expenses include the initial seed money which was injected by the three principals.
The Company is seeking Seed Capital funding for its development.

Deal Contact:
Stage One Films Pty Ltd
Blair Moore or Dominic Crisci
[email protected]

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Australian Environmental Science & Waste Water Treatment Seeking Equity Finance

The Company designs, constructs and commissions low risk & highly reliable modular sewerage and waste water treatment systems, which are remotely monitored in decentralised locations providing over 50 years of service life. The Company has a current project pipeline of $162 million, comprising confirmed contracts and advanced stage contract submissions. The schedule of project design, construction, operation and maintenance of wastewater treatment systems runs over the next ten years to 2025.
Key Points
• Established Environmental Science & Waste Water treatment Company
• $162m Revenue over next 5 years
• $60m NPV Maintenance contracts over 20 years
• Potential Carbon Credit and Water Credit trading Revenue
• $4m Equity & Preference Shares opportunity for sophisticated, active investor

Post construction, the Company is contracted to provide ongoing cleaning and system maintenance for 20 years. FY15 fee’s are $803 per house, per year with cost to deliver service approximately $220 per house (appendix 3 – revenue forecast and NPV of maintenance division).
Systems have high levels of reliability and a lifecycle of 50 years (twice the lifecycle of competitor systems). As performance capabilities ensure compliance with the strictest environmental standards systems are currently being used in national parks and protected island environments
The treated wastewater can be used to irrigate landscaping, parks and gardens as well as the system itself being integrated into any landscaping design. Biomass product post processing can be used for feed lot and organic fertilizers.

There are international opportunities for significant reduction of environmental impact of waste water treatment.

Delays in development approvals, and therefore project commencement, are putting significant stress on working capital. The Company requires $4m in growth capital and active equity to fulfil circa $162m of projects at 26% Gross Profit.
Subsequent ongoing maintenance contracts enjoyed via a private utility structure over the next 20 years give an NPV of over $60m.

Current shareholders have agreed to offer an active investor to acquire 22% of equity via preference shares, structured as:
• $2m equity: Balance sheet to deliver project guarantees, acquire tooling and equipment
• $2m Convertible Note: To secure supplies for projects and forward orders, work force to complete projects, further product development and international expansion.

Use of funds: Repay short term bank debt ($700k) and for working capital to support ongoing business operations including design, construction, operation and maintenance of new and existing systems.

Full Information Memorandum & Financial Model available upon request.

Hayes Knight Corporate Finance
Adam Quinn
[email protected]
+61404644850

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Dairy Canning Factory in New Zealand

This is a new company being established in New Zealand to pack dairy products such as infant formula. Business projections based on pre-committed sales volumes. Total investment NZ$10 mil with a payback within approximately 3 years from commencement of production. Balance of project cost of approx. $10 mil to be funded by bank debt. The business will be operated by an experienced management team.

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KKR invests $100 million in arid climate agriculture firm

SYDNEY, Dec 4 (Reuters) – Private equity firm KKR & Co has invested about $100 million in UK-based agribusiness Sundrop Farms Holding Ltd, which plans to use solar panels and sea water to grow vegetables in a vast greenhouse in Australia’s driest state. The funds would allow Sundrop to scale up its existing operation with the construction of a 20-hectare (50-acre) greenhouse in South Australia that will produce more than 15,000 tons of vegetables a year, Sundrop and KKR said in a statement.

The two firms aimed to develop a hub for innovative techniques for arid climate agriculture, and KKR’s investment would also support Sundrop’s plans to expand into the Middle East, North America and other markets. “We grow food where land is too arid for farming, fresh water is in short supply and domestic food security is a concern,” said Philipp Saumweber, chief executive of Sundrop Farms.

Sundrop’s technology uses solar power to desalinate seawater, generate heat and produce electricity at its facility in Port Augusta, 300 km (185 miles) north of the state capital Adelaide.

The investment comes just a day after the United Nations said 2014 is on course to be the hottest year on record.

Sundrop, which will also receive some state government funding, said separately it has signed a 10-year contract to supply Australia supermarket operator Coles with truss tomatoes from 2016.

KKR did not give the size of its investment, but a person familiar with the details said the financial backing is worth about $100 million.

“KKR looks to invest in and partner with companies that provide solutions to environmental and societal challenges,” KKR Australia head Justin Reizes said in the statement.

KKR’s latest deal comes from its $6 billion Asia dedicated fund, which closed last year.

Leighton Holdings said it has been awarded the construction contract.

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RPT-Australian billboard firm oOh! Media plans $141 mln IPO

SYDNEY, Nov 28 (Reuters) – Australian billboard company oOh! Media said it plans to raise A$166 million ($141 million) in an initial public offering, the latest in a series of listings by private equity-owned firms.

oOh! Media said in prospectus filed on Friday that its owner CHAMP Private Equity will sell down its stake to 32 percent from 76 percent, while minority shareholders will also cut their stakes in a listing that will give the company a market capitalisation of A$289 million.

The company aims to sell 86.1 million shares for A$1.93 ahead of a Dec. 17 listing. Just a month earlier, Australia’s Quadrant Private Equity listed rival billboard chain APN Outdoor Group Ltd.

On Friday, APN’s shares closed at A$2.47, a three percent discount to their A$2.55 issue price.

Australia is headed for its biggest year of IPO activity, with private equity firms rushing to exit their investments amid a relatively buoyant share market.

The listing effectively makes a swift 77 percent return on investment for CHAMP, which bought oOh! Media for A$163 million in March 2012.

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Australia’s APN Outdoor to raise $289 mln in IPO – source

SYDNEY, Oct 21 (Reuters) – Australian digital billboard firm APN Outdoor will raise A$329 million ($289 million) in an initial public offer, a person with knowledge of the matter told Reuters, at the bottom of the range its private equity owner had hoped to sell for as appetite for new listings wanes in a weaker stock market.

Quadrant Private Equity will sell 129.1 million APN shares – equivalent to 78 percent of the company – for A$2.55 each, said the person who could not be identified because the matter was confidential. An IPO prospectus was lodged with authorities on Monday and gave the scheduled listing date as Nov. 11, the person added.

The sale gives APN Outdoor a market capitalisation of A$425 million, just short of the A$450 million the company would have been worth at the upper end of its original offer range. APN will retain a 22 percent stake, the person said.

Quadrant did not provide an immediate comment when contacted by Reuters. The relevant APN Outdoor executives were not immediately available.

Quadrant had initially proposed pricing the shares between A$2.55 and A$2.75.

Even though the price is at the bottom of the range, the fund is still making an investment return of 57 percent since buying APN Outdoor from its parent, APN News & Media Ltd , for a total A$244 million in two installments in 2012 and 2013, local media reported.

Australia is headed for its biggest year of IPO activity ever, up more than 400 percent in the first nine months of 2014 over the same period last year, according to Thomson Reuters data, as company owners seek to capitalise on what has been until recently a strong share market.

But since closing at a record high in early September the market has lost about 6 percent, hit by reports of slowing demand for resources in China and persistent economic weakness in Europe.

On Monday, Australian finance minister Mathias Cormann said the government has the right to cancel the November listing of state-owned health insurer Medibank Private (IPO-MDB.AX), worth up to A$5.5 billion, if market conditions worsen.

But the source said the APN listing will proceed regardless of market conditions because it is fully underwritten by joint lead managers Morgan Stanley and UBS.

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CloudCannon Raises $500K To Make Designing Static Websites Simpler

CloudCannon, a simple CMS for web designers and their clients aimed at offering simple visual editing without the need for an advanced technical skillset, is today launching globally from TechCrunch Disrupt: London’s Startup Alley. The company is also announcing $500,000 in new funding, and a partnership with domain name registry Rightside.

The additional capital comes from New Zealand investors Sam Morgan, Phil McCaw, Stephen Tindall, Simon Holdsworth and others, and arrives at a time when the company is seeing 18% month-over-month growth (as of January 2014). Today, CloudCannon tells TechCrunch, the company has grown its user base to over 1,110 cities across 120+ countries, though it declined to provide hard user numbers.

We first came across CloudCannon when the startup had rolled out its Dropbox integration, which lets you put your webdesign files into a Dropbox folder and then wait for CloudCannon to do the rest. (The service also supports uploads via FTP and drag-and-drop, but the support for Dropbox was definitely a cool trick).
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Australia’s APN Outdoor to offer up to A$349 mln in shares in IPO – source

SYDNEY, Oct 10 (Reuters) – Australia’s APN Outdoor plans to sell up to A$349 million ($306 million) in shares in an initial public offering as Quadrant Private Equity sells down its stake in the digital billboard company, a source working on the deal told Reuters on Friday.
* IPO would value company at up to A$450 mln
* Timing is flexible because of share market volatility
* Australia in record IPO year (Adds listing detail, share market volatility)
Quadrant has engaged investment bank UBS AG, which plans to lodge a prospectus with Australian authorities in the next week, said the source, who requested anonymity because of the market sensitivity of the matter.

The listing would give APN a market capitalisation of up to A$450 million. UBS has been conducting an investor roadshow for the listing but, at Quadrant’s request, has kept the timing flexible because of recent share market volatility, the source added.

Australia is headed for its biggest year of IPO activity ever, up more than 400 percent in the first nine months of 2014 over the same period last year, according to Thomson Reuters data, as company owners seek to capitalise on what has been until recently a strong share market.

But since reaching a record closing high in early September the market has lost about 8 percent, including nearly 2 percent on Friday, hit by reports of slowing demand for resources in China and an unexpected fall in German exports.

That is not expected to deter a listing by APN, the source said. The company is asking investors to buy up to 127 million shares at a price between A$2.55 and A$2.75 each.

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Looop, An Online Learning Platform For Employees, Raises $2M To Enter The UK

TechCrunch
Online learning startups are aplenty right now — from heavily-funded U.S-based MOOCS, such as Coursera and Udacity, to more thrifty European players like Iversity and Eliademy — there’s no doubt the edtech space is heating up. Now another startup is throwing its learning wares into the virtual classroom.
Australia’s Loooptopic-editor provides a mobile-friendly platform to enable small-to-medium sized business to deliver training online. Today, the company is disclosing a $2 million seed round from an undisclosed education investor, specifically raised to fuel expansion into the UK, as well as add a native iOS app to its newly-launched app for devices running Android. Looop also plans to make its first forage into the U.S. market, perhaps as soon as next month.
Pitching itself as an easy way to get new or existing company training/learning materials online, in addition to offering tools for tracking and assessment, all in a mobile-friendly format, Looop’s ultimate aim is to disrupt a stale corporate online learning market that relies on outdated desktop software that doesn’t always play well with mobile devices and/or the cloud.
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Australian Telco Telstra Acquires Video Distribution Startup Ooyala

TechCrunch
Streaming video distribution and monetization platform Ooyala is being acquired by Australian telco Telstra, which will invest $270 million to reach a 98 percent ownership stake in the company. This is up from the 23 percent it owned through a previous investment round.

According to the press release that just dropped, Ooyala will be operated as a wholly owned subsidiary of the Australian telecom firm. As such, its management and exec team will stay intact, and it will continue to be headquartered in Silicon Valley.

Ooyala will also continue to serve its existing clients of cable networks, movie studios, and other distributors who are looking for ways to make their videos available online and through mobile and tablet apps. Its customer list includes names like Univision, Comedy Central, NBC Universal, Telstra, ESPN, Telegraph Media Group, and Telefonica, among others.
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