“Something bigger than ourselves”: Melbourne startup Quad Lock sells a majority stake
Quad Lock agrees to sell a majority stake to Quadrant Growth Fund, whose sixth deal since closing a $400 million fund; the deal covers parent brand Annex Products.
Company
Every published round Quadrant Growth Fund took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Quadrant Growth Fund has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Quadrant Growth Fund, as distinct from the investments it has made.
Companies Quadrant Growth Fund has backed that another company then bought. An exit for the holding, not a deal Quadrant Growth Fund did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Quadrant Growth Fund is recorded as having been acquired. | ||||
Companies Quadrant Growth Fund acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Love To Dream | Acquisition | Sep 2019 | - | SmartCompany, Women's Agenda |
| Name | Role | Sources |
|---|---|---|
| Justin Ryan | Managing Partner | SmartCompany, Women's Agenda |
Stories naming Quadrant Growth Fund. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Quad Lock agrees to sell a majority stake to Quadrant Growth Fund, whose sixth deal since closing a $400 million fund; the deal covers parent brand Annex Products.
Private equity firm Quadrant has taken majority stakes this month in three female-led companies: Love to Dream, Modibodi and Adore Beauty, after earlier in 2019 acquiring tourism operator Journey Beyond.
Also SmartCompany