Airtree – HotDoc

WA-40028

Airtree Ventures Opportunity Fund V Partnership, LP (**Airtree Fund**) proposes to acquire shares in Aegleon Holdco Pty Ltd (**Aegleon**) from Airtree Ventures Opportunity Fund V Trusco Pty Ltd as trustee of the Airtree Ventures Opportunity Fund V Stapled Trust. As a result, Airtree Fund will indirectly acquire an interest in HotDoc Online Pty Ltd (**HotDoc**), a wholly-owned indirect subsidiary of Aegleon. Airtree Fund is a venture capital fund managed by Airtree, which 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 and the Existing Holder) 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 earlier 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.

Status

Assessment completed

Determination

Approved

Stage

Waiver application

Notified

11 June 2026

Acquirers

  • Airtree Ventures Opportunity Fund V Partnership, LP

Targets

  • Aegleon Holdco Pty Ltd
  • Airtree Ventures Opportunity Fund V Trusco Pty Ltd