
Australia's Arcadia debuts with equipment rental deal

Arcadia Capital, an Australia-based private equity firm that operates on a deal-by-deal basis, has completed its debut investment with the acquisition of specialist equipment rental business Orange Hire.
The size of the transaction was not disclosed, but Arcadia targets companies with enterprise valuations of A$20-100 million ($15-76 million). The firm was established by Leigh Oliver and Sam Walker, who...
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