Quadrant recently announced the successful divestment of Quick Service Restaurants to Archer Capital, achieving strong returns for investors. Quadrant has also broadened its portfolio over the past six months through a number of successful bolt-on acquisitions for its Virtus Health and Independent Pub Group portfolio businesses.
In July 2011, Virtus completed the acquisition of Fertility Gold Coast, the leading fertility care business servicing the Gold Coast region. Both the Hunter IVF and Fertility Gold Coast doctors have reinvested in the combined Virtus group.
In May 2011, Quadrant investee, Independent Pub Group, acquired the freehold going concern of the Exchange Hotel, a high volume entertainment hotel located in Brisbane’s CBD.
Quadrant Private Equity has closed a $750 million Private Equity Fund (QPE No. 3) with investors being wholesale domestic superannuation funds, local and international institutions.
Justin Ryan has joined the investment team as a Partner of the firm. Justin was previously Chief Executive Officer of Alesco Corporation Limited, an ASX listed diversified industrial company.
Venture capital is perhaps the most glamorous asset class. At the cutting edge of the economy, driving innovation and growth, venture capitalists offer investors the prospect of backing the next Google.
During the past 3 months, Quadrant has broadened its portfolio through the successful acquisition of Media Monitors
In August 2010, Quadrant investee company Quick Service Restaurants contracted to acquire a competitor in Western Australia.
In July 2010, Quadrant successfully divested its investment in ATF via a sale to CHAMP Private Equity. ATF is Australia’s largest provider of temporary fencing and height safety services to the residential, commercial and construction markets.
Emily Redmond joined the Quadrant team in August 2010 as Financial Controller.
Since raising the $500 million QPE No.2 fund in April 2007, Quadrant has invested $383 million of equity across five investments and continues to seek attractive investment opportunities.
Funds advised by Quadrant Private Equity (“Quadrant”) and CHAMP Private Equity (“CHAMP”) are pleased to announce the sale of ATF Services (“ATF”) from Quadrant Private Equity Fund I to the CHAMP III Funds.