Aperture Capital Partners Research
Advisory Approach
Aperture Capital Partners is an independent, Australian-based corporate advisory firm founded in 2021 by experienced investment banker Kent Greig, who brings over 30 years of M&A and capital markets expertise. The firm operates with a philosophy centered on delivering candid, conflict-free advice to ASX-listed and significant private Australian companies. Rather than pursuing transactional volume, Aperture emphasizes long-term trusted partnership and advisory relationships, with a commitment to personal and senior attention throughout engagements. The firm's thesis is that independent advisory firms with deep sector expertise and international transaction experience can deliver superior outcomes for clients navigating complex financial and corporate transactions.
Sector Focus and Industry Expertise
Aperture Capital Partners has developed particular strength in several key sectors. The firm has a substantial track record with franchise and multi-unit retail operations, evidenced by their role as primary corporate adviser to Domino's Pizza Enterprises Limited across multiple major transactions. The firm also brings deep expertise in healthcare services, including experience advising dental services networks (1300SMILES scheme), aged care operators (Regis Healthcare), and diagnostic imaging networks (Qscan Radiology). Additionally, Aperture has developed meaningful experience in industrial and infrastructure sectors, leveraging the C-Suite expertise of Industry Managing Director Graeme Hunt, who brings decades of operational and transaction experience in manufacturing, engineering services, utilities, and infrastructure sectors—including his tenure as CEO of AGL and Broadspectrum.
Transaction Track Record
Aperture Capital Partners' advisory experience encompasses some of Australia's largest M&A transactions. The firm served as financial adviser to Domino's Pizza Enterprises on multiple landmark deals, including:
- Domino's Pizza Asian Markets Acquisition (August 2022): A$214 million acquisition of 100% interests in Domino's Pizza businesses in Malaysia, Singapore, and Cambodia, comprising 287 corporate-owned stores. This transaction was the largest single acquisition in Domino's Pizza Enterprises' history and marked a significant expansion of the company's Asian footprint.
- Domino's Pizza German Joint Venture Buyout (March 2023): A$127 million acquisition of Domino's Pizza Group's remaining shares in the German joint venture, plus A$17 million in shareholder loan repayments.
- Domino's Pizza Equity Capital Raises: Multiple capital raising transactions including a A$150 million institutional placement (December 2022) and a fully underwritten A$165 million dividend reinvestment plan.
Beyond Domino's, Aperture has advised on significant transactions including the 1300SMILES scheme of arrangement (dental services network), Rubicon Water Limited debt restructuring, Austin Engineering transactions, Broadspectrum (formerly Transfield Services) transactions, Metricon Homes, and advisory work with Boral Limited—Australia's largest building and construction materials company.
Process and Service Model
Aperture's advisory model provides highly experienced advisers with deep track records in complex and challenging situations, combined with an emphasis on candor and conflict-free advice. The firm operates on a retained basis with clients, often serving as a long-term trusted adviser. This model is particularly valuable for:
- Divestments: Positioning, marketing, and negotiating sales of business divisions or entire entities to enhance value
- Business Acquisitions: Identifying acquisition candidates, conducting assessment including risk evaluation, and negotiating favorable terms
- Joint Ventures: Structuring and managing ongoing arrangements for combining businesses
- Debt and Equity Raising: Capital structure advice and execution of capital raises for both public and private entities
- Corporate Strategy: Advisory support for significant corporate transactions and restructuring
Team and Credentials
Aperture's senior leadership combines investment banking expertise with operational C-Suite experience. Kent Greig, Managing Director and founder, brings three decades of M&A and capital markets experience. David Fidge, Executive Director (B.Com Hons), joined Aperture from Flagstaff Partners and brings substantial transaction execution experience. Industry Managing Director Graeme Hunt, brought into the partnership in 2023, is the former Chairman and CEO of AGL (Australia's largest energy utility), former CEO of Broadspectrum and Lihir Gold, and spent decades at BHP including as President of the Uranium, Aluminium, and Iron Ore business groups. His involvement provides Aperture clients with access to C-Suite transaction experience in transformative billion-dollar deals, particularly across infrastructure, energy, mining, and industrial services.
Competitive Positioning
Aperture differentiates from other Australian corporate advisers through several key factors: (1) institutional-quality advice from partners with extensive M&A experience, (2) access to board-level perspectives through Graeme Hunt's deep industry networks, (3) demonstrated capability managing large, complex multi-jurisdictional acquisitions, (4) particular strength in franchise and multi-unit operations, (5) deep healthcare and infrastructure sector expertise, and (6) commitment to long-term retained relationships rather than transaction-focused engagements. The firm is particularly well-positioned for ASX-listed companies undertaking significant M&A, capital raises, and corporate restructuring.
Client Profile and Geographic Reach
Aperture's primary client base consists of significant ASX-listed and private Australian companies with multinational operations. The firm's experience spans transactions across Australia, New Zealand, Europe, and Asia-Pacific, with particular strength in coordinating cross-border acquisitions and capital structures. The firm operates from Melbourne and is an AFSL 540870 holder (Australian Financial Services Licensee).