AVCAL Annual Awards
The AVCAL Awards recognise and celebrate fund managers, portfolio companies and supporting advisors in the private equity and venture capital industry that build, transform and grow businesses.
The recipients of this year’s AVCAL Annual Awards were announced at AVCAL’s 23rd annual alpha conference in Melbourne on 1 September 2016. To recognise the best private equity and venture capital deals for 2016, AVCAL handed out awards across six categories, as well as two separate special awards.
The award recipients were:
Best Early Stage Award
Awarded to GBS Venture Partners, OneVentures, Uniseed, QIC and Blue Sky Ventures for their investment in Hatchtech.
Best Management Buyout under $75 million
Awarded to Anacacia Capital for their investment in Appen.
Best Management Buyout between $75-$150 million
Awarded to CHAMP Private Equity for their investment in Alleasing.
Best Management Buyout between $150-$300 million
Awarded to Archer Capital for their investment in Healthe Care.
Best Management Buyout between $300-$500 million
Awarded to Pacific Equity Partners for their investment in Link Group.
Best Management Buyout over $500 million
Awarded to Pacific Equity Partners for their investment in Energy Developments.
In addition to these six category recipients, AVCAL also recognised two other award recipients in the following categories:
The Michael Hirshorn Award
The Michael Hirshorn Award, honouring a private equity or venture capital-backed business whose products or services have been instrumental in making a significant community contribution, which this year was awarded to Guardian Early Learning and Navis Capital.
Inaugural AVCAL Diversity Award
The inaugural Workplace Diversity Award was presented to Brandon Capital for their efforts in creating an inclusive workplace environment and building initiatives and opportunities for all staff, whatever their background, to achieve their full potential.
“The nominations for this year’s awards were very strong,” said AVCAL Chief Executive, Yasser El-Ansary. “Our fund managers do a remarkable job of working closely with management teams to build strong and successful portfolio companies, and it’s important to celebrate that success.”
“We’re also very pleased to be awarding the inaugural AVCAL Workplace Diversity Award in our industry. Diversity is an issue that is very much front of mind for the industry, and this award acknowledges the work that fund managers do to promote more diversity within their organisations and at the portfolio company level,” he added.
Author: Kosta Sinelnikov, Senior Research Analyst, AVCAL