Processing timeline
24
days
Acquirer(s)
Airtree Ventures Opportunity Fund V Trusco Pty Ltd atf Airtree Ventures Opportunity Fund V Stapled T ABN - 14 646 384 732
Target(s) or Vendor(s)
Aegleon Holdco Pty Ltd ACN - 693 692 769
Other parties
HOTDOC ONLINE PTY LTD ABN - 84 159 662 558
Airtree Ventures Opportunity Fund V Trusco Pty Ltd, managed by Airtree, is investing in Aegleon Holdco Pty Ltd via a share subscription. This provides an indirect interest in HotDoc Online Pty Ltd, a digital healthcare platform for Australian general practitioners, enabling patient engagement and virtual care.
Airtree Ventures Opportunity Fund V Trusco Pty Ltd as trustee for the Airtree Ventures Opportunity Fund V Stapled Trust ( Airtree Fund ) proposes to invest in Aegleon Holdco Pty Ltd ( Aegleon ) by way of subscription for shares, and thereby indirectly acquire a small interest in HotDoc Online Pty Ltd ( HotDoc ), which is a wholly-owned indirect subsidiary of Aegleon. Airtree Fund is a venture capital fund managed by Airtree. Airtree is a venture capital firm based in Australia which predominantly invests in early-stage and high-growth Australia and New Zealand-based technology companies. Funds managed by Airtree (including the Airtree Fund) hold minority investments in over a hundred companies in Australia, New Zealand and around the world. Aegleon is a holding company incorporated in connection with the acquisition of HotDoc by funds managed by Potentia, an Australian private equity firm specialising in technology and software investments. HotDoc is a digital healthcare platform enabling patient engagement, scheduling, messaging, payments, and virtual care for general practitioners across Australia. HotDoc’s platform enables patients to book and manage their healthcare appointments with healthcare professionals.