Current Investments
Placard is Australia’s only secure card manufacturer. The Melbourne based company is a leader in the design, manufacture and fulfillment of transaction and identity cards for sectors such as financial services, transport, retail, loyalty and gifts. Placard is well established as a high quality card supplier, combining security accreditation from Visa, MasterCard, Bankcard, American Express and Diners Club. Many of Placard's customers are Australian household names such as Coles, Qantas, Westfield, NRMA, Australia Post, Medicare and many more. Placard was founded in 1987 and produces over 90 million cards annually.
In October 2012, funds managed by HighPoint Capital, co-invested with RMB Capital Partners and current management, acquiring a majority shareholding in Placard. The current vendor has retained a significant stake in the business. Steven Furman has joined the board, alongside the RMB representatives.
In October 2012, funds managed by HighPoint Capital, co-invested with RMB Capital Partners and current management, acquiring a majority shareholding in Placard. The current vendor has retained a significant stake in the business. Steven Furman has joined the board, alongside the RMB representatives.
Bluepoint
Bluepoint Aviation is an aircraft leasing business focused on high-utility commercial jet passenger aircraft that are aged 15 years and older. The business focuses on acquiring popular narrow-bodied aircraft such as the Boeing B737-400, Airbus A320-200 and wide bodied twin aircraft such as the Boeing B767-300ER, with an average 5 year lease attached. These types of aircraft with associated leases provide high yield returns with the ability to charge maintenance reserves. At the end of the lease the aircraft are broken up for spare parts (offering further returns) as the lease would be sufficiently paid down at that stage.
In 2007, funds managed by HighPoint Capital acquired a significant shareholding in Bluepoint, with management and the vendor investing alongside us.
In 2007, funds managed by HighPoint Capital acquired a significant shareholding in Bluepoint, with management and the vendor investing alongside us.
Previous Investments
M&O Global is a world-class specialist training company for offshore oil & gas companies, delivering knowledge and safety training skills that save lives . M&O offers offshore, maritime and industry based safety training programs, using state of the art equipment and premier training standards. M&O's expert training instructors deliver internationally accredited training in the language and location required by its clients. The Group has a network of fixed training centres and mobile training services (Trainstation) across six continents.
HighPoint and its investors provided growth capital to the M&O Group for a significant equity stake and then assisted management with key strategic, financial and operational decisions to help substantially lift earnings and position the business for a successful sale to a large FTSE 100 oil & gas engineering business. HighPoint Capital achieved a net 38% IRR on investment for its investors.
HighPoint and its investors provided growth capital to the M&O Group for a significant equity stake and then assisted management with key strategic, financial and operational decisions to help substantially lift earnings and position the business for a successful sale to a large FTSE 100 oil & gas engineering business. HighPoint Capital achieved a net 38% IRR on investment for its investors.
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Funds managed by HighPoint Capital backed Greg Baker (the original founder and CEO) into Customers Limited (CUS:ASX) which was then a microcap ASX listed business. Over a period of three odd years the business grew both organically and via multiple acquisitions, into one of the largest independent ATM networks in Australia.
The original investment was sold down on-market as the business grew, achieving over a 3 times money multiple on investment back to investors.
The original investment was sold down on-market as the business grew, achieving over a 3 times money multiple on investment back to investors.
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e-pay Asia Limited (EPY:ASX) operates one of Asia’s largest regional electronic payment networks, proceesing >100 million transactions pa and consisting of 15,000 Points of Sale that can accept cash payments for pre-paid mobile, reload, bill payment and process debit and credit card transactions. EPY generates most of its revenues from selling mobile reloads for 11 mobile operators in three countries.
Funds managed by HighPoint Capital provided growth and acquisition capital to e-pay Asia.
The stake was subsequently sold down on-market, generating an 80% Net IRR.
Funds managed by HighPoint Capital provided growth and acquisition capital to e-pay Asia.
The stake was subsequently sold down on-market, generating an 80% Net IRR.
