Deals

Westoz chair Jay Hughes has purchased the Subiaco office building for $2.4 million.

Cloud-based talent acquisition provider LiveHire has become the target of an on-market acquisition by AKKR-backed Humanforce, an SaaS firm providing workforce management solutions.

WA’s Westbridge Funds Management has divested one of its industrial assets in Victoria, pocketing $30 million from the transaction.

Records show that an entity owned by Regent Motors boss Tyson Sutton bought the Osborne Park property for $19 million this year.

The transaction brings the Subiaco-based syndicator’s funds under management to $960 million.

The majority of Decmil Group shareholders have backed mining services company Macmahon Holdings’s offer to acquire 100 per cent of its shares.

Bhagwan Marine kicked off its first day of trading on the ASX by announcing a small upgrade to its earnings forecast and outlining plans to expand its business.

The WA syndicator has purchased a Subiaco office building from two separate owners.

US-based private equity firm Accel-KKR has become the majority owner of local technology company INX Software after buying out Tanarra Capital.

The Henderson-based company has acquired an additional workshop after outgrowing its current facility.

Gina Rinehart-backed Arafura Rare Earths has launched a $20 million placement, as it continues preparations for a $1.2 billion raising needed to fund its flagship project.

Automated water monitoring system Eco Detection, run by local venture capitalist Jefferson Harcourt, has raised $10 million from a UK investment group.

Alcoa’s proposed takeover of its joint venture partner Alumina Limited has cleared another hurdle after its stockholders voted to support the $3.4 billion deal.

Two West Perth offices have sold for a combined $4.96 million to separate buyers.

Subiaco-based QUBE Property Group plans to build a new industrial facility after is purchase of 4.5 hectares in Forrestdale for $6.82 million.

The WA-based land surveying company has joined forces with the Queensland company.

A gym and a bowling alley have sold for a combined $8.2 million to local and eastern states investors.

The Aboriginal charitable trust has added to its property assets with the $8 million purchase of the shopping centre.

Osborne Park-based XRF Scientific plans to move to full ownership of its subsidiary Orbis Mining, in an acquisition valued at nearly $4 million.

Realside Property’s $107 million purchase of Maddington Central has paved the way for Sirona Urban to transform the site.

Shareholders in marine services company MMA Offshore have voted to approve the $1.1 billion takeover by Singaporean firm Cyan MMA Holdings.

A $1.1 billion Singaporean takeover of MMA Offshore has been waved through by the Foreign Investment Review Board.

Maylands-based MPA Skills Trade Training has joined not-for-profit employment and skills provider IntoWork Group, marking the company’s exit from voluntary administration.

Wellard shares closed up 118 per cent on Monday, following news that it will sell its oldest livestock vessel, the M/V Ocean Ute, to Bassem Dabbah for $US12 million, or $18.1 million.

MMA Offshore’s biggest shareholders have backed Seraya Partners’ $1 billion takeover bid of the Perth-based marine services company.

The High Street property has sold to a local investor for $5 million.

The industrial building has changed hands for the first time in three decades.

Aveling Homes’ Michael Aveling has purchased the 4,028sqm site for $1.03 million.

Westbridge Funds Management sold the Baile Road property for $12.3 million.

Cyan MMA Holdings has increased its scheme consideration bid for MMA Offshore, in a deal that would be worth about $1.07 billion.

Develop Global has received $11.55 million in proceeds, following the exercising of options by managing director Bill Beament and non-executive chair Michael Blakiston.

The Margaret River distillery has changed hands for $5.5 million, with an Albany born NSW investor making the purchase.