BGH Capital (BGH) is an Australian private equity company established in 2017 by Robin Bishop, Ben Gray, and Simon Harle. BGH is headquartered in Melbourne and is owned and managed by its founding partners.
History
Ben Gray and Simon Harle established and led the Australian and New Zealand private equity team at TPG Capital, while Robin Bishop was previously head of Macquarie Capital Australia and New Zealand.
BGH Capital Fund I had a final close of approximately A$2.6 billion in May 2018.
In 2019, BGH purchased Perth-based education provider Navitas in a $2.3 billion deal with AustralianSuper and invested in CyberCX, a cyber security services firm.
In 2020, BGH acquired Healius' medical practices (now known as ForHealth), purchased a stake in online travel agency TripADeal – a 51% stake in TripADeal was sold to Qantas in 2022 and the remainder in June 2024.Qantas accelerates expansion into holiday packages market by acquiring remaining stake in TraipADeal Qantas 13 June 2024 – and acquired Abano Healthcare Group and a majority stake in Village Roadshow.
In 2021, BGH acquired dental chain 1300SMILES, and invested in Melbourne-based bakery Laurent and Australian chicken producer Hazeldene's.
In 2022, BGH acquired Bupa NZ's dental business and Virtus Health, which was de-listed from the ASX. It also took a stake in Pushpay.
BGH Capital Fund II achieved final close in February 2022 at A$3.6 billion. This is the largest private equity fund focused on Australia and New Zealand.
Current investments The following schedule indicates the businesses BGH continues to manage. +InvestmentYear acquiredDescriptionRefNavitas2019Global education providerCyberCX2019Australian cyber security providerForHealth2020Australian primary services care providerAbano Healthcare2020One of the largest dental networks in Australia and New ZealandVillage Roadshow2020Entertainment and leisure businessLaurent2021Melbourne-based wholesale and retail artisan bakeryHazeldene's2021Australian Poultry producerVirtus Health2022Provider of assisted reproductive servicesPushpay2023Software and payments provider to faith-based sectorFusion52024Australasian business applications technology specialist
References
See also Robin Gray (Australian politician) – father of BGH co-founder Ben Gray