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Share The private equity consortium led by CPE Capital will need to win over the extended Tartak family and garbage entrepreneur Ian Malouf, who combined hold almost 34 per cent of Bingo Industries, for its $2.6 billion buyout proposal to have a chance of succeeding. Bingo Industries CEO Daniel Tartak holds a 19.8 per cent stake in the company.   The CPE Capital consortium, which includes a Macquarie infrastructure fund, Macquarie Infrastructure and Real Assets, also faces scrutiny from the Australian Competition and Consumer Commission, which is likely to insist on small divestments should the bid succeed. This is because CPE acquired a waste facility at Banksmeadow in Sydney for $50 million from Bingo in September 2019 after the ACCC forced the sale of that asset as part of approving the broader $578 million acquisition of Dial-A-Dump from Mr Malouf.

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