·      October 2024 partial realisation of small portion of its investment in SiteMinder $20m The realisation was via a trade at an average price of $6.65 per share, 5.2% above Bailador’s previous carrying value of SiteMinder. https://announcements.asx.com.au/asxpdf/20241030/pdf/069schlqmtdysd.pdf

·      October 2024 follow-on investment in DASH $10m https://announcements.asx.com.au/asxpdf/20241010/pdf/068yff078nzwpb.pdf

·      October 2024 follow-on investment in Rosterfy $3.0m https://announcements.asx.com.au/asxpdf/20241009/pdf/068x2c1zlq83p6.pdf

·      August 2024 invests in Hapana $7.7m. Hapana is an end-to-end software platform focused on the fitness and wellness sector. The software is used by gyms and boutique fitness studios to manage classes, client memberships and billings, marketing, digital content, and monitor business performance in real-time. Hapana delivers these features via a powerful mobile app that allows gyms and boutique fitness studios to better engage and communicate with their members. https://announcements.asx.com.au/asxpdf/20240812/pdf/066hy9wh3wjwsf.pdf

·      July 2024 invests in DASH Technology Group $20m DASH is a cloud-based financial advice and investment management software platform used by independent financial advisers (IFAs) and financial institutions. DASH operates in the large and fast growing investment platform and financial advice software market. https://announcements.asx.com.au/asxpdf/20240701/pdf/06536t98xbs58s.pdf

·      May 2024 invest in digital healthcare platform Updoc $20.0m, Launched in 2021, Updoc is a digital healthcare platform that connects consumers who need medical services with registered health practitioners via a telehealth offering. The company offers a range of services, including advice, online prescriptions, specialist referrals, pathology referrals and medical letters. Consumers can access these services via a one-off transactional model or a monthly subscription model. All consultations are delivered digitally which increases convenience and accessibility for consumers, while also lowering the cost of treatment and providing flexible work opportunities for medical professionals, particularly in regional areas. https://announcements.asx.com.au/asxpdf/20240528/pdf/063zvby1cnjpjq.pdf

·      June 2023 Sale of InstantScripts $52m to Australian Pharmaceutical Industries, a wholly-owned subsidiary of Wesfarmers. https://announcements.asx.com.au/asxpdf/20230613/pdf/05ql790w7cckmw.pdf

·      June 2023 Sale of Rezdy to to US PE fund $24.9m https://announcements.asx.com.au/asxpdf/20230619/pdf/05qs38sxsrz7qz.pdfhttps://announcements.asx.com.au/asxpdf/20230605/pdf/05qc2ksp8vpy6x.pdf

·      April 2023 investment in Rosterfy $9.8m.- provides volunteer and workforce management software to Not-for-Profit (NFP) organisations, government volunteering bodies and mass-scale events which enables communities to connect to events and causes they are passionate about. Their SaaS platform allows organisations to recruit, screen, train, and schedule their volunteer community which replaces manual processes with automations to better engage and retain their workforce. https://announcements.asx.com.au/asxpdf/20230411/pdf/45nj9vrxtb7r62.pdf

·      March 2023 follow-on investment in InstantScripts $10.0m https://announcements.asx.com.au/asxpdf/20230315/pdf/45mntnd5bsmjwl.pdf 

·      July 2022  Follow-on investment in InstantScript $5.0m https://announcements.asx.com.au/asxpdf/20220728/pdf/45c8jvxgmy5nns.pdf

·      April 2022 Instaclustr enters into agreement to be acquired by NetApp  $118m https://announcements.asx.com.au/asxpdf/20220408/pdf/457tynzswck9nx.pdfhttps://announcements.asx.com.au/asxpdf/20220525/pdf/4599kx3rw79m57.pdf 

·      March 2022 Follow-on investment in InstantScripts $7.7m https://announcements.asx.com.au/asxpdf/20220331/pdf/457jxqkkz1j6gt.pdf

·      March 2022 Sells it investment in Standard Media Index (SMI) for $20m Cash.https://announcements.asx.com.au/asxpdf/20220311/pdf/456x6qjkm7wm8t.pdfhttps://announcements.asx.com.au/asxpdf/20220531/pdf/459hfnnspllht7.pdf

·      December 2021 invests in Mosh $7.5m. Launched in 2019, Mosh is a men’s digital healthcare brand that makes men’s health and wellness accessible, easy and affordable. The company offers subscription treatment plans for hair loss, sexual health, skin care and mental health. Mosh’s medical consultations are delivered digitally which increases convenience, accessibility and privacy while also lowering the cost of treatment. The business’ all-inclusive treatment plans cover membership, medical treatment, pharmaceuticals and delivery. https://announcements.asx.com.au/asxpdf/20211223/pdf/454h8djws8xy40.pdf

·      October 2021 InstantScripts follow-on investment of $2.0m https://announcements.asx.com.au/asxpdf/20211025/pdf/452114slgkfvsc.pdf

·      October 2021 Rezdy follow-on investment of $4.0m https://announcements.asx.com.au/asxpdf/20211019/pdf/451t5kpdn5gq3b.pdf

·      July 2021 invests in InstantScripts $5.5m. InstantScripts’ digital healthcare platform enables Australians to conveniently access high quality doctor care and routine prescription medication in a safe, secure and clinically responsible manner. The platform’s express prescription service enables consumers to access doctor-approved routine prescription medication in minutes. It also enables streamlined access to certain routine pathology tests and is developing AI-driven results interpretation tools supplementing the doctor’s input. Consumers can also access live medical advice via telehealth consultations. The service’s digital healthcare platform is underpinned by doctor-designed clinical questionnaires that streamline the patient eligibility process before a doctor-approved prescription is provided. https://announcements.asx.com.au/asxpdf/20210726/pdf/44yn0pb9c03d3l.pdf

·      June 2021 Bailador competes investment in Straker equity raising. Bailador is pleased to confirm it was allocated a total of A$5.2 million in the Equity Raising  at an issue price of A$1.90 per share. https://announcements.asx.com.au/asxpdf/20210625/pdf/44xp2hz41pzcw0.pdfhttps://announcements.asx.com.au/asxpdf/20210602/pdf/44x1lr4rxj4429.pdf

·      June 2021 Stackla enters into agreement to be acquired by Nosto. Stackla has today announced it has been acquired by Nosto, an AI-powered e-commerce personalisation platform in a predominately share-based transaction. Nosto enables retailers to deliver a personalised digital shopping experience at every touchpoint and across every device. Nosto works with brands in more than 100 countries and has offices in New York, Los Angeles, London, Paris, Berlin, Stockholm and Helsinki. valuation of Bailador’s investment in Stackla will remain unchanged at $11.5m, but will transition to a shareholding in Nosto upon completion. https://announcements.asx.com.au/asxpdf/20210603/pdf/44x2gkzjjz0jpx.pdf

·      May 2021 Lendi/Aussie merger completes and Bailador realises $13m cash through the sale of its investment in Lendi https://announcements.asx.com.au/asxpdf/20210504/pdf/44w5v95mw1q500.pdf

·      February 2021 Exists investment in DocsCorp  for $17m cash https://announcements.asx.com.au/asxpdf/20210224/pdf/44szvw76mwb1gm.pdf

·      December 2020 Lendi announces it has agreed to merge with Aussie Home Loans https://announcements.asx.com.au/asxpdf/20201216/pdf/44r0v3085vvhbv.pdf

·      September 2019 On 19 September 2019, Stackla filed a motion for a temporary restraining order (TRO) that would immediately restore the company’s access to the Facebook and Instagram platforms. It is understood that in today’s hearing in the Northern District Court of California, the U.S. District Chief Judge denied Stackla’s motion for a TRO but permitted the company to file a motion for a preliminary injunction and suggested the parties meet commercially to resolve the issue. As a result of the above court ruling, and Stackla continuing to have no access to the Facebook and Instagram platforms for the time being, Bailador has made the decision to write-down the value of its investment in Stackla to $nil. https://announcements.asx.com.au/asxpdf/20190926/pdf/448x1pbdql9lrd.pdf

·      October 2017 AUD$3.0m investment in Brosa, a technology-led, vertically integrated furniture brand and online retailer. https://announcements.asx.com.au/asxpdf/20171024/pdf/43nhlys7z40p00.pdf

·      July 2017 iPRO Solutions Ptd Ltd been placed into voluntary administration. https://announcements.asx.com.au/asxpdf/20170705/pdf/43kfn10082cbx7.pdf

·      November 2016 announced a $4.0m investment in Instaclustr is an open source data platform for cloud-based solutions that require immense scale, providing enterprise support and managed solutions for technologies such as Apache Cassandra (used by Apple, Netflix and Facebook), Apache Spark and ScyllaDB. https://announcements.asx.com.au/asxpdf/20161123/pdf/43d3vnqbch3ny0.pdf

·      May 2016 invested $4m in Lendi https://announcements.asx.com.au/asxpdf/20170731/pdf/43l0kk9xwjclh7.pdf

·      February 2016 a further $2.5m investment in Stackla https://announcements.asx.com.au/asxpdf/20160229/pdf/435gh79vrb2yzp.pdf

·      February 2016 Additional $2.9m investment in Viocorp a cloud based video management platform for corporate and government enterprises. https://announcements.asx.com.au/asxpdf/20160203/pdf/434t0g7yj1pjq9.pdf

·      October 2015 $2.5m investment in Rezdy an online SaaS software package for Tours and Activity (“TAA”) operators and a B2B marketplace that aggregates tours and activities for resellers (such as travel agents, concierge desks, OTA’s and reservation engines). https://announcements.asx.com.au/asxpdf/20151029/pdf/432jc3fzg79m3z.pdf

·      September 2015  $2.5m investment in Stackla – Stackla is a social marketing platform that aggregates user-generated content (“UGC”) from sites such as Facebook, Twitter, Instagram, YouTube, and Wordpress, integrating this content at various touch points within the marketing stack (e.g. CMS, CRM, email, social media management). https://announcements.asx.com.au/asxpdf/20150907/pdf/4314rz2160cfd8.pdf

·      August 2015 NZ$4.0m Equity Investment in Straker Translations - Straker is a provider of 24/7 cloud-enabled translation services to businesses of all sizes, including ASX 200 companies. It has over 10,000 customers in more than 20 countries, and 50 global full- time employees. https://announcements.asx.com.au/asxpdf/20150901/pdf/4310j22m5c7nds.pdf

Market Cap ~$178.5m

Management Bio's

David Kirk - Co-Founder & Managing Partner

David is the former CEO of Fairfax Media, where he led the successful investment into several internet businesses including Fairfax’s acquisition of Trade Me and Stayz. He has been a growth stage investor in technology-based businesses since 1999 and was an IPO investor in Xero. David is Chair of KMD Brands [ASX:KMD, NZE:KMD], made up of iconic brands Kathmandu, Rip Curl and Oboz, and Chair of Forsyth Barr, a privately-owned New Zealand investment firm. He is Chair of several charitable organisations, and recently retired as Chair of Sydney Festival. David is Chair of Bailador investee company Rosterfy, Director of Bailador investee companies RC TopCo (made up of brands Rezdy, Checkfront and Regiondo) and DASH, and Board Observer for Mosh. He was previously on the board of Bailador's now exited investments, Instaclustr, Standard Media Index, DocsCorp and Viostream. Prior to joining the corporate world, David enjoyed a highly successful rugby career. He captained the All Blacks to win the World Cup in 1987 and was awarded an MBE in 1988. He was also a policy advisor to the New Zealand Prime Minister.

David is a Rhodes Scholar with degrees in Medicine from Otago University, and Philosophy, Politics and Economics from Oxford University. He is a Member of the Australian Institute of Company Directors (AICD).

Paul Wilson - Co-Founder & Managing Partner

Paul has extensive private equity investment experience as a Director of CHAMP Private Equity in Sydney and New York, with MetLife in London and New York, and as Executive Director at Illyria, a media focused investment group. Paul is a Director of Bailador companies SiteMinder [ASX:SDR] and Updoc, and was previously Director of Straker [ASX:STR]. He was also previously on the board of Bailador’s now exited investment InstantScripts, and Chairman for Stackla. Paul is Director of Rajasthan Royals (IPL cricket), and Director and Co-Founder of the VRTUS fitness studios based in Bondi, Sydney. He was previously a Director of Vita Group [ASX:VTG]. He is a volunteer Lifesaver at Bondi Surf Bathers Life Saving Club. Paul has a Bachelor of Business from QUT. He is a Fellow of the Financial Services Institute of Australia, a Member of the Institute of Chartered Accountants of Australia, and a Member of the Australian Institute of Company Directors (AICD).

Andrew Bullock - Independent Non-Executive Director

Andrew is Managing Director at private equity firm Adamantem Capital, and was previously a partner at Australian law firm Gilbert + Tobin in the Corporate Advisory Group. He specialises in mergers and acquisitions, fundraisings and strategic joint ventures and media sectors. He was previously a partner of Minter Ellison and spent 3 years in the London office of Freshfields Bruckhaus Deringer. Andrew has a Bachelor of Arts from Sydney University and a Bachelor of Laws from the University of New South Wales.

Jolanta Masojada - Independent Non-Executive Director

Jolanta Masojada is Principal of MasMedia Advisers, providing strategic investor relations and communications advice to listed companies. She has more than 25 years’ experience in financial markets and equity research in the media and technology sectors in Australia and the US. Jolanta was formerly Director Equity Research at Credit Suisse and Deutsche Bank, with previous roles at Macquarie Bank and Pierson Sal. Oppenheim in New York.

Jolanta is a graduate of the University of Natal and Cambridge University. She is a fellow of the Financial Services Institute of Australasia and a graduate of the Australian Institute of Company Directors.

Brodie Arnhold - Independent Non-Executive Director

Brodie Arnhold is an experienced ASX listed board member with over 15 years domestic and international experience in private equity, investment banking and corporate finance.

Brodie is the CEO and Executive Director of iSelect (ASX:ISU) having joined the Board in September 2014 and stepping into the CEO role in April 2018. Prior to his current role with iSelect, Brodie was the CEO of Melbourne Racing Club. He has also worked for Investec Bank from 2010-2013 where he was responsible for building a high-net-worth private client business and for Westpac Banking Corporation where he was Investment Director at Westpac’s private equity fund. During his career Brodie has also worked at leading accounting and investment firms including Deloitte (Australia), Nomura (UK) and Goldman Sachs (Hong Kong). Brodie is also the Chairman and Non-Executive Director of Shaver Shop Group Ltd (ASX: SSG) and is Chairman of private companies Endota Spa Pty Ltd and Industry Beans Pty Ltd. Brodie holds a Bachelor of Commerce and MBA from the University of Melbourne and is a member of the Institutes of Chartered Accountants in Australia and New Zealand (CA ANZ).