Pacific Equity Partners announced a AU$725 million acquisition of Johns Lyng Group, marking a significant shift in Australia’s private equity landscape amid increasing industry consolidation.
Introduction
In July 2025, Australia's mergers and acquisitions arena experienced a substantial shift when Pacific Equity Partners (PEP), a leading private equity firm in the region, revealed its AU$725 million takeover of publicly listed construction services company Johns Lyng Group. This acquisition, structured as a scheme of arrangement, highlights a renewed optimism in the private equity sector in Australia, particularly within defensive and cash-generating industries such as repair, insurance, and infrastructure services.
This transaction is indicative of a broader change in capital market dynamics, influenced by high interest rates, public market volatility, and global uncertainties, which are reshaping overall deal activity.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
About Johns Lyng Group: A Quiet Giant in Insurance & Repair
Founded in 1953 and publicly listed on the ASX since 2017, Johns Lyng Group (ASX: JLG) has established a dominant posi
Similar Deals
Oaktree Capital Management → Perpetual Ltd.’s wealth management arm
2024
Resolution Life Australasia Limited → AIA Australia Limited's Australian Savings and Investments business
2022
Pacific Equity Partners
invested in
Johns Lyng Group
in 2025
in a Buyout deal
Disclosed details
Transaction Size: $466M
Revenue: $765M
EBITDA: $58M
Enterprise Value: $533M
Equity Value: $466M
Multiples
EV/EBITDA: 9.1x
EV/Revenue: 0.7x
P/Revenue: 0.6x