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Announced

Completed

Aware Super completed the investment in Palisade Investment.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
Share Price Premium-
One Off Charge-

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Private Equity

Australia

investments

Acquisition

Private Equity

Friendly

Domestic

Minority

Completed

Single Bidder

Private

Synopsis

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Aware Super, a superannuation fund, completed the investment in Palisade Investment, an investment firm. Financial terms were not disclosed. “As one of the nation’s leading super funds dedicated to delivering strong risk adjusted returns for our 1.1m members, we’re excited to deepen our $2bn commitment to renewable energy and climate solution opportunities. The addition of the Intera Renewables platform offers attractive benefits such as geographic diversification, reduced downside exposure and enhanced scale and operational efficiencies," Mark Hector, Aware Super Senior Portfolio Manager.

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