Our leadership

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Mark Dorney

Mark is Founder and Managing Director of Chevalier Capital. He has 25 plus years of investment banking experience across M&A, equity capital markets and debt capital markets, having advised on a total of over $42.5 billion of transactions. A selection of successful transactions advised on by Mark includes:

  • DUAL TRACK IPO-TRADE SALES Successful sale of Australia’s leading technology company Property Exchange Australia Limited (PEXA) to Link Market Services for $1.6 Billion in January 2019; NZ$2.45B privatisation of Contact Energy via simultaneous cornerstone (40%) and IPO (60%) sale in 1999; NZ$428m dual-track sale of the five Watties businesses in New Zealand by Goodman Fielder to H.J.Heinz, Corporate financial adviser, 1992

  • TRADE SALES Sale of underlying assets of ACT X-Ray Services Trust in August 2022. Canberra Imaging Group sale to Sonic Healthcare announced June 2021. Sale of Australia’s 5th largest radiology group, PRP Diagnostic Imaging Holdings Limited to Crescent Capital for $440 million in 2020; Sale by HT&E of Australia’s 3rd largest out-of-home media group to the largest, oOh!media, for $570 million in October 2018; Adviser to NZ Post in relation to the sale of 45% of KiwiBank to NZ Super and ACC which valued the business at NZ$1.1Bln; sale of 40% of Taiwan Broadband Communications to Asian financial investors for $400 million in 2009; Sale of Australia’s #1 millennials (18-35 year olds) on-line media publisher Junkee Media to oOh!media Limited in 2016; sale of the #2 .com.au domain name register and hosting business Netregistry to #1 Melbourne IT for $50 million in 2014; sale of the Intelligent Investor equity research electronic newsletter to Australasian Wealth Investments in 2014; and sale of the ROAMES geospatial imaging business by Ergon Energy to Euronext-listed Fugro NV in 2014; sale of 2UE/3AW/4BC and Southern Star to Fairfax Media for $480 million in 2007.

  • ACQUISITIONS Acquisition by HT&E of Perth radio station 96FM from Fairfax Media for $78 million in 2014; Acquisition of EYE Corporation from Ten Network by CHAMP Private Equity for $115 million in 2013; acquisition by friendly scheme of arrangement of oOh!media by CHAMP Private Equity for $163 million in 2012; acquisition by way of recommended scheme of arrangement of Southern Cross Broadcasting by MMG and Fairfax Media for $1.35 billion in 2007; original acquisition by MMG of Taiwan’s 3rd largest ‘triple play’ subscription television/broadband/VoIP business, Taiwan Broadband Communications, for US$1 billion Enterprise Value in 2006; acquisition by MMG of DMG Regional Radio from Daily Mail & General Trust PLC for $186 million in 2004; acquisition by way of takeover of RG Capital Radio by MMG in 2004.

  • IPOS  Initial Public Offering of Macquarie Media Group’s regional Television business raising $945 million in 2005; Global Co-ordinator to the initial privatisation by IPO by the Commonwealth Government of Telstra (Telstra 1) for $14.3 billion; Joint Lead Manager to the NSW Government on the $1 billion sale by IPO of NSW TAB; AMP demutualisation, Co-lead Manager, 1998; Lead Manager to the IPO of all of Casino Austria’s Australasian casino assets and management rights over Canberra, Cairns and Christmas Island; Lead Manager to the IPO of the Reef Casino in Cairns.

  • SECONDARY SHARE OFFERINGS Chair of the Joint Global Co-ordinators to the $16 billion secondary sell-down (Telstra 2) by the Commonwealth Government of Telstra Corporation Limited in 1999; A$800m Income Securities by Colonial, JLM, 1998.

  • PRIVATE EQUITY RAISING raising a total of $368 million in pre-IPO equity to fund technology development and client uptake for PEXA over 7 years from 2010-2017.

  • SALE SCOPING STUDIES Adviser to the Scoping Study for the Commonwealth Government for Telstra 2 1998; Study for Contact Energy for NZ Treasury, Commercial Adviser, 1998

Mark is Fellow of the Australian Institute of Company Directors, Non-Executive Director of the University of New South Wales Foundation, recent Vice-Chairman of the Australia Taiwan Business Council, previously Non-Executive Director of the House With No Steps and first CEO of Southern Cross Austereo (then known as Macquarie Media Group) from 2004-2009.