Investor · 2 deals
Sydney, NSW
Every published round Quadrant Private Equity 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 Private Equity has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Advanced Navigation | 18 Mar 2026, Series C | 1 | 0 | |
| Canva | 2 May 2024 | 0 | 0 |
Fund closes reported for Quadrant Private Equity, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| second growth fund | 2021 | $530m | - | Final | peforum.org, quadrantpe.com.au |
| first growth fund | 2019 | $400m | - | Final | peforum.org, quadrantpe.com.au |
Companies Quadrant Private Equity has backed that another company then bought. An exit for the holding, not a deal Quadrant Private Equity did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Quadrant Private Equity is recorded as having been acquired. | ||||
Companies Quadrant Private Equity 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 |
|---|---|---|---|---|
| Modibodi | Acquisition | 27 Sep 2019 | - | SmartCompany, Women's Agenda |
| Adore Beauty | Acquisition | 16 Sep 2019 | - | SmartCompany, Women's Agenda |
| Name | Role | Sources |
|---|---|---|
| Marcus Darville | Managing Partner (former) | Dealroom, Startup Daily, peforum.org, quadrantpe.com.au, pe-insights.com |
| Louis Casey | Partner | Tech Funding News - Australia, quadrantpe.com.au |
| Justin Ryan | Dealmaker (former) | addtocart.com.au, AFR Street Talk, SmartCompany (Tue 18 Jul 2023), SmartCompany (Fri 27 Sep 2019), Women's Agenda |
| Chris Hadley | Executive Chairman and Founder | Forbes Australia, peforum.org, SmartCompany, Women's Agenda, pe-insights.com |
Stories naming Quadrant Private Equity. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Partners Group, Guardian Childcare's Swiss owner, has spurned approaches from buyout firms Allegro Funds and BGH Capital and is negotiating with Quadrant Private Equity, which runs Affinity Education, about combining the childcare businesses.
Bioshore Ventures has wrapped up its first fund at $27 million with all capital committed, drawing 65 individual backers including three well-known investors, and has named four health-technology companies in its portfolio.
Street Talk roundup: Tasman Capital's new fund reaches first close, EQT buys control of an NRL club, KKR eyes a Drifter exit, PAG dealmakers jump to Jardine Matheson, Colter Bay lands a debut loan.
Sydney navigation startup Advanced Navigation raised a large Series C led by Airtree Ventures, with Quadrant Private Equity and NRFC, to expand PNT technology globally.
Glow Capital Partners, co-founded by Justin Ryan and Kate Morris, is acquiring a majority holding in facilities firm Menzies — its fifth investment and first since Morris's departure; she stays on as a shareholder.
Mobility newsletter roundup: Uber's robotaxi deal with Rivian, Nvidia's automaker partnerships, Advanced Navigation's Series C, other startup raises, and acquisitions including Amazon's purchase of robotics startup Rivr.
A roundup of three raises: Advanced Navigation's $158 million Series C, legal AI platform MiAI Law's $2 million launch funding, and Deftbiotech's $1 million pre-seed for a fungal nail treatment.
Navigation technology firm Advanced Navigation has banked a $158 million Series C, with Airtree leading and Quadrant plus the NRFC taking part, funding global expansion and Australian manufacturing scale-up.
Also Dealroom·Tech Funding News - Australia·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Forbes Australia·Forbes Australia·Forbes Australia·TechCrunch Venture
Sydney PE firm Quadrant's new $660m growth fund backs LegalVision for an undisclosed stake; the article also recaps Quadrant's earlier deals and exits, including Canva, Modibodi and Canberra Data Centres.
Australian PE firm Quadrant has completed an oversubscribed close of its third growth vehicle, beating its target and topping its two predecessor funds, and will back companies in Australia and New Zealand.
Quadrant Private Equity has completed an oversubscribed $660 million final close on its third growth fund, a larger vehicle than its two predecessors, which will target technology, healthcare and consumer businesses.
Also peforum.org
Sweden's Thule is buying Melbourne phone-mount maker Quad Lock in a $500 million deal; Quadrant Private Equity and the founders are selling their stakes. The piece recalls Quad Lock's crowdfunding start and Smart50 appearances.
Also addtocart.com.au
Sydney PE firm Quadrant bought a $500 million Canva stake from existing holders including Blackbird, at a US$25 billion valuation — the first deal for Quadrant's ninth fund.
Investment house Glow Capital, started by Kate Morris and Justin Ryan, takes an undisclosed-value 51% stake in uniform maker Cargo Crew, its first deal, backed by a $55 million fund.
ARN reports Michelle Bendschneider becomes CEO of Connetico, new parent of cloud firms Arinco, Cevo and D6, with Lara Wright as CFO, after Quadrant fund backing; Kloud's earlier sale to Telstra is recalled.
Sydney leakproof apparel brand Modibodi is being acquired by Sweden's Essity for $140 million, nine years after founder Kristy Chong bootstrapped it; Quadrant backed the company in 2019.
Also SmartCompany·Women's Agenda·SmartCompany·Techboard·Startup Daily·Forbes Australia
Quad Lock co-founder Rob Ward hands the CEO role to former Nike executive Andrew Poole, becoming chief growth officer, as the Melbourne phone-mount maker marks ten years and passes $100 million in sales.
Also SmartCompany
Ignition Lane's weekly roundup reports MyDeal and Adore Beauty listing on the ASX, Rokt's US$80 million Series D, several trans-Tasman raises, Quibi shutting down, Westpac trimming its Zip stake, and local executive appointments.
Also Crunchbase News·Startup Daily·Startup Daily·Startup Daily·Startup Daily·ARN (ARNnet)
The online beauty retailer founded by Kate Morris two decades ago has debuted on the ASX, with the float raising $269.5 million and founders selling down shares, alongside a look back at its growth.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·Women's Agenda
Vinomofo and Adore Beauty are reportedly preparing ASX listings, Vinomofo tipped at a $300 million valuation. The article recalls Vinomofo's 2017 $25 million raise and Kate Morris's earlier 60% stake sale to Quadrant Private Equity.
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
Kate Morris has signed a deal selling a 60% majority stake in Adore Beauty to Quadrant Private Equity, saying the investment will help the online beauty retailer grow faster after its New Zealand launch.
Plant-based meat maker Sunfed has closed a Series A round led by Blackbird Ventures to fund overseas expansion, with the article also recalling an earlier raise from UK and US investors.
Quadrant Private Equity is about to complete its biggest-ever buyout fund, a $1.24 billion raise; the piece notes rival PEP's $2.5 billion close and recalls Quadrant's sales of APM and QScan.