
GPs exit Australian quantity surveyor to management

The management team of Australia-based quantity surveyor BMT Tax Depreciation has assumed control of the business, ending a seven-year holding period for private equity backers CHAMP Ventures and Yorkway Equity Partners.
The two investors acquired a 65% stake in BMT at a valuation of approximately AUD 65m (USD 45m) in 2015. The transaction was triggered by BMT’s founders deciding to exit their positions, although the...
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