
Quadrant acquires Australia phone mount business

Australia’s Quadrant Private Equity has acquired a controlling stake in Quad Lock, a local smart phone accessories maker focused on device mounts for bikes and cars.
It is the sixth investment from Quadrant’s growth fund, which closed last year at A$400 million ($285 million) with a view to deploying up to A$50 million per deal for minority and control stakes. The...
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