Quadrant backed Quick Services Restaurants Pty Limited (the owner of Red Rooster and Chicken Treat) has acquired the Oporto Portuguese Chicken and Burger Chain for $60 million.
The New Fund will focus on mid-market opportunities which will continue the successful strategy of previous Quadrant funds.
We are delighted to announce that Marcus Darville has joined the Quadrant team.
Quadrant Private Equity No.1 has invested NZ$20 million in Sentinel Limited, a leading supplier of reverse mortgage products to the seniors market.
Quadrant Private Equity No. 1 is a $265 million Private Equity Fund which was raised in November 2005.
The fund will focus on mid-market buyouts and expansion capital opportunities in Australia and New Zealand.