Quadrant Private Equity

Quadrant eyes aged care consolidation

Quadrant Private Equity completed its exit from New Zealand retirement village operator Summerset last week but demographics remain a prominent theme in the firm’s portfolio with the acquisition of Estia Health, an Australian aged-care provider.

Quadrant exits Summerset, buys Estia Health

Quadrant Private Equity has fully exited New Zealand retirement village operator Summerset via the public market, generating an estimated return multiple of more than 3.7x. In the same week, it acquired a majority stake in Australian aged-care operator...

Quadrant backs City Farmers’ tech-based strategy

With a longstanding interest in Australia’s pet supplies industry, Quadrant Private Equity examined all the major independent players in search of a business suitable for rapid scaling up and expansion nationwide. In Perth-headquartered City Farmers,...

Quadrant-backed Virtus Health jumps 9% on ASX debut

Shares in Virtus Health, an Australian in-vitro fertilization company backed by Quadrant Private Equity, closed up 9% at A$6.20 on its first day of trading on the Australian Securities Exchange. The IPO had been priced at the top end of the indicative...

Quadrant-backed Virtus Health launches IPO

Quadrant Private Equity-owned in-vitro fertilization (IVF) business Virtus Health launched its IPO road show on Monday. It is poised to be the largest equity offering since SCA Property in November last year and the biggest significant private equity-backed...

CHAMP gets court approval for oOh!media takeover

CHAMP Private Equity has won approval from the Federal Court of Australia for its A$163 million ($176 million) acquisition of outdoor advertising company oOh!media. The firm consequently ceased trading on the Australian Stock Exchange on March 1.

drought-australia
Australian fundraisers feel the strain

Are changes in superannuation laws the cause or the scapegoat? Either way, Australia’s fundraising landscape is undergoing substantial change. Local GPs must choose between going offshore or going out of business

Quadrant, APN announce outdoor advertising JV

Quadrant Private Equity has agreed to form an outdoor advertising joint venture with APN News & Media worth A$272 million ($289 million). APN had decided further investment was required to support expansion and entered into exclusive negotiations with...

Quadrant-backed Summerset struggles on trading debut

Summerset Group, the New Zealand retirement village operator owned by Quadrant Private Equity, saw its stock open above the IPO price of NZ$1.40 on Tuesday, although it closed marginally below it. The price slumped a further 2.84% to NZ$1.37 on Wednesday.

Quadrant’s Summerset raises $99m through IPO

Quadrant Private Equity-owned Summerset Group, New Zealand’s third-largest retirement village operator, has raised NZ$123.6 million ($99.5 million) in the largest IPO seen in the country in two years. The company sold 88.3 million shares at NZ$1.40...