Quadrant to acquire V.I.P. Petfoods

Quadrant Private Equity No. 4 (Quadrant) has entered into an agreement to acquire V.I.P. Petfoods (VIP) for A$410 million. Quadrant will partner with the founders of VIP to back the existing management team, including Rex Devantier and Kent Quinn, to grow the business domestically and internationally. Tony and Christina Quinn will remain significant shareholders and continue to provide ongoing support to the business. For further information please refer to the Media Announcement.