
Quadrant buys Australia sleepwear brand

Quadrant Private Equity has acquired Australian women’s sleepwear brand Papinelle for an undisclosed sum with plans for international expansion.
Quadrant is investing via its debut growth fund, which raised A$400 million ($289 million) in 2019 and writes checks of A$30-50 million for minority and control positions in lower middle-market companies....
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