Megan Wynne

Perth-based human services firm APM Group has attracted a new majority shareholder after three years of strong growth that has seen it nearly triple staff numbers to 6,500 across 10 countries.

West Perth-based human services company APM has appointed Goldman Sachs and Gilbert + Tobin to assess a stockmarket float likely to be worth in excess of $1.5 billion.

Privately owned Perth company APM has established a powerful advisory board ahead of a likely ASX listing, with new appointments led by Ben Wyatt and Nev Power.

Perth company APM has an enterprise value of about $3.8 billion, according to research presented to investors ahead of a planned stockmarket float.

APM has finalised the terms of its stockmarket float, with the Perth company planning to raise $972 million, confirming it as WA’s largest-ever IPO.

APM founder Megan Wynne will become a billionaire when it lists on the ASX, with a prospectus lodged with ASIC showing the company will have a $3.3 billion market capitalisation.

Shares in mega stock market float APM Human Services International made a soft start today, falling slightly but still leaving the company worth more than $3 billion.

APM is a rare example of a Perth company becoming an international market leader.

Perth business woman Megan Wynne attracted national headlines last month when she was hailed as Australia’s newest billionaire, yet recent disclosures by her company indicate that was never the case.

Soaring valuations for tech companies and mining stocks have brought major shifts in this year’s list of WA wealth creators.

A property developer linked to two contentious Nedlands proposals has secured 2,000 square metres of riverside real estate in Dalkeith for $12.4 million.

APM Human Services has tabled its first half-yearly report since debuting in a $982 million IPO last year, reaffirming its commitment to a dividend while posting a $42.7 million net loss.

Resources billionaire Gina Rinehart has been named Australia’s wealthiest person for a third consecutive year, followed closely by fellow Western Australian and iron ore magnate Andrew Forrest.

The Hockeyroos have secured Perth-based global human services provider APM Human Services International as the team's major new sponsor.

Politician-turned-professional director Ben Wyatt is on track to take up his seventh board role, a non-executive directorship with multi-billion-dollar human services provider APM.

Sharon Warburton epitomises the rise of female company directors but the number of women chairing major WA companies remains very small.

Business News values the assets of WA’s richest people, and explores how they’ve used that wealth in 2022.

APM Human Services has secured a further $200 million debt facility, taking its total debt to over $1 billion, after entering a series of acquisitions.

APM Human Services has returned to the black after recording a $50.1 million profit and declaring dividends in its first-half report.

A series of share transfers and company restructures over the past six months mean that Andrew and Nicola Forrest will have a roughly equal split of their $34 billion fortune.

APM Human Services International shares plunged more than 40 per cent today, substantially eroding the net worth of rich list founder Megan Wynne, as the market reacted to a forecast half year profit fall.

As the female chairman of a major WA company, Kathleen Conlon has joined a very select group.

APM Human Services International's board has unanimously rejected a takeover bid from CVC Asia Pacific Limited, saying the offer didn't reflect the company's true value.

APM Human Services International's board has recommended that its shareholders support a revised conditional, non-binding offer of $2 per share from CVC Asia Pacific in a bid to take over the company, according to chief executive officer Michael Anghie.

Mark Beyer and Mark Pownall discuss takeover deals for MMA and APM; hydrogen approvals challenges; payroll tax; WA’s gas market; and resource export outlook.

Mark Beyer and Mark Pownall discuss changes at BGC, APM and Austal ownership, Quintis in receivership, and home market data.

APM Human Services has received a “disappointing” cash offer from its second largest shareholder Madison Dearborn Partners, 80 cents below the previous bid.

Michael Anghie-led APM Human Services International has entered a trading halt, pending an update regarding its non-binding acquisition proposal from US-based Madison Dearborn Partners.

Megan Wynne-founded APM Human Services has entered into a scheme implementation deed with US-based Madison Dearborn Partners.

Megan Wynne-chaired APM Human Services has disclosed a major write-down in the value of goodwill from its prior acquisitions in a draft scheme submitted with financial regulators.

Megan Wynne-chaired APM Human Services International has posted an underlying net profit after tax of $95.1 million for the financial year.

APM Human Services International’s tumultuous three-year stint as a listed company is set to end this month after shareholders backed a $1.3 billion private equity takeover.

Shareholder returns were not always reflected in the scale and growth of public-listed executive pay packets last financial year.

The falling iron ore price has had a big impact on WA’s wealthiest.

There have been big shifts in the ranking of WA’s largest, and most profitable, private companies over the past year.