In September 2008, Quadrant investee, Independent Pub Group, acquired the Lasseters Hotel Group’s nine freehold and leasehold hotel portfolio.
Quadrant has expanded its investment team with the recruitment of three additional professionals
Since raising $500m for Quadrant Private Equity No. 2 in April 2007, Quadrant has invested over $200m of equity in three investments
In May 2008 the TOWER Software business was sold to Hewlett Packard (HP) for $113m.
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.