Anchorage Awarded AVCJ Deal of the Year
The Asian Venture Capital Journal (AVCJ) recognised Anchorage Capital Partners’ (ACP) investment in David Jones as its “Deal of the Year – Small Cap” at an awards dinner in Hong Kong in November 2023.
Accepting the award on behalf of ACP, ACP Director Ben Ware said: "We are delighted to accept this award and grateful for the recognition from AVCJ and its judging panel. Our acquisition of David Jones is an excellent example of our long and successful track record acquiring businesses in complex, cross-border carve-out transactions."
"We look forward to continuing to work with David Jones’ chief executive Scott Fyfe and his leadership team to support the business through its next chapter of growth including the delivery of the businesses’ Vision 2025.”
“We would also like to recognise our advisors on this transaction, including Rothschild, Corrs Chambers Westgarth, Teneo and PwC.”
David Jones is iconic in Australia delivering an omnichannel experience to brands and customers across its online, retail, financial services and retail media divisions. The business has immense brand value and unparalleled assets. ACP are proud to bring David Jones back into Australian ownership in the 185th year of the brand’s existence.