Anchorage Wins Awards for Contract Resources
Anchorage Capital Partners recent successful investment and exit of Contract Resources has been recognised in winning three prestigious industry awards.
:quality(80))
Contract Resources (“CR”) is a market leading provider of critical maintenance services to the oil, gas, energy and infrastructure sectors in Australia, New Zealand and the Middle East. Anchorage Capital Partners acquired CR in October 2017 as a non-core carve-out from ASX-listed Bapcor Holdings. On 31 December 2019, we completed the sale of 100% of CR to a consortium comprising Australian investor Viburnum Funds and US-based global energy, oil and gas private equity fund, SCF Partners.
The Australian Investment Council recognised Anchorage Capital Partners as the winner of the 2020 Mid-Cap Investment $100m-$250m for our investment in CR.
The Australian Investment Council is the voice of private capital in Australia. aic.co
){kind=logo}
The Turnaround Management Association (“TMA”) of Australia recognised CR as the winner of the Mid-size Turnaround of the Year for 2020.
TMA Australia is part of TMA, a global organisation representing the interests of turnaround professionals. turnaround.org.au
The New Zealand Private Capital Association recognised Anchorage Capital Partners’ investment in Contract Resources as 2020 Deal of the Year – Over NZ$150 million.
The New Zealand Private Capital Association is the voice of private capital in New Zealand.
){kind=logo}
)
)
)
)
)