Australia's Gerard Group Completes Private Equity Deal

Champ Private Equity has completed the 186 million Australian dollar (US$192 million) take-private of Gerard Lighting Group, meaning the 2009 A$1.5 billion CHAMP III Fund is more than 50% invested.

“We’re happy with the pace and way we’re investing,” Champ Managing Director John Haddock told Deal Journal Australia.

Read more at Deal Journal Australia.