EVP takes action amid concerns over recent investment - WATCH THIS SPACE ...

Written By Leigh Golombick

Australian VC & Deal Roundup

EVP is making headlines after moving quickly to address concerns around its $17M investment in StrongRoom AI, engaging legal and forensic experts just days after leading the round. A reminder that due diligence remains the backbone of responsible investing.

Meanwhile, the Australian deal landscape stays active:

  • Blackbird Ventures is raising its sixth fund as global investors eye Australia's leading VC

  • Clearlake acquiring Dun & Bradstreet for US$4.1B in a second take-private play

  • Five V Capital backs emergency management software provider CriticalArc

  • PSG Equity takes majority ownership of Protecht in a $445M deal

  • Heidi, the AI medical scribe startup, raises $26M with a doctor-first growth strategy

  • Roc Partners closes $160M for a new multi-strategy PE fund

  • James Hardie acquires AZEK for $14B

On the macro side, the Australian government is accelerating $1B in defence spending to prepare for US submarine rotations and a shifting Indo-Pacific security environment — a sector worth watching closely.

What's catching your eye in the current deal flow?

Leigh Golombick
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