Ironbridge Capital

Ironbridge Capital
IndustryPrivate Equity
Founded2003
FounderNeil Broekhuizen
Paul Evans
Julian Knights
Greg Ruddock
Area served
Australia
New Zealand

Ironbridge Capital is an Australian equity firm that invests in Australian and New Zealand businesses. It invests in buyouts and expansions of medium to large sized businesses.[1] Ironbridge was founded in 2003 by Neil Broekhuizen, Paul Evans, Julian Knights and Greg Ruddock, who collectively own the company.[2]

Its largest investment since July 2007 has been media company MediaWorks New Zealand, which owns TV3, C4 and half of New Zealand's radio stations including Radio Live, More FM, The Rock, The Edge and The Breeze.[3] It had a 70% controlling stake in MediaWorks, making it one of the largest owners of the New Zealand media industry, and played an active role in the management of the company.[4] MediaWorks' lenders took control of MediaWorks in 2013 and pushed Ironbridge out.[5]

Its other investments include Affinity Health, Australian Drilling Solutions, EnviroWaste, FleetPartners, iNova Pharmaceuticals (now sold), Qualcare, ReproMed, Recreational Tourism Group, Stardex Insurance Group and Amart Furniture.[6] Ironbridge Capital also owns the Global Renewables Alternative Waste Treatment Plant located at Eastern Creek, NSW.[7]

Ironbridge invest $13M and co-ordinate Australia largest pre-revenue capital raising in Australian SME Challenger bank Judo Capital[8][9]

References

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  1. ^ "Ironbridge". Ironbridge.com.au. Retrieved 26 January 2017.
  2. ^ "Ironbridge Capital". www.ironbridge.com.au. Archived from the original on 25 August 2004. Retrieved 17 January 2022.
  3. ^ John Drinnan and Christopher Niesche (21 July 2007). "Ironbridge higher bid secures takeover". The New Zealand Herald. Retrieved 5 October 2011.
  4. ^ Drinnan, John (19 June 2009). "Media: Ironbridge takes a front seat". The New Zealand Herald. Retrieved 5 October 2011.
  5. ^ McBeth, Paul (6 June 2015). "Oaktree takes full ownership of MediaWorks". The New Zealand Herald. Retrieved 13 July 2019.
  6. ^ "Furniture From Super Amart: Australia's Home Of Furniture". Superamart.com.au. Retrieved 26 January 2017.
  7. ^ "HK's CKI buys NZ waste firm for $421 mln from Ironbridge". Reuters. 14 January 2013. Retrieved 2 September 2020.
  8. ^ "Heavyweights write big cheques for small business lender Judo Capital". 8 May 2018.
  9. ^ "» Judo Capital Media Release 27th March 2018". judocapital.com.au. Archived from the original on 19 April 2018.
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