G+T advises Quadrant Private Equity on establishing strategic fund

Gilbert + Tobin (G+T) has advised leading private equity firm Quadrant Private Equity on establishing its new Quadrant Strategic Equity Fund.

The fund closed at $600m. It represents a strategic shift for Quadrant as it aims to acquire minority stakes in privately held businesses with high growth potential.

Quadrant Private Equity has been at the forefront of mid-market private equity in Australia since its establishment in 1996. The Sydney-based firm has raised $9bn billion and 14 funds since its inception. Quadrant has extensive investment experience across various sections, including retail, healthcare, media, consumer foods, financial services, and eCommerce.

Quadrant is experienced in leading Australian and global superannuation, investment, and sovereign wealth funds. Some of its current and former investments include Affinity Education, My Muscle Chef, Fitness and Lifestyle Group, Darrell Lea, Prime 100, Quad Lock, Love To Dream, APM, Arq Group, Probe CX, Qscan, ICON Cancer Care, Zip Water.

With this new fund, the firm is embarking on a new strategic direction that takes Quadrant back to its roots. The new fund complements the firm's existing funds and allows the firm to focus on investments in sectors where high-growth businesses seek minority capital partners.

The team at G+T played a crucial role in advising Quadrant on establishing the fund. Investment law partner Nathan Cahill led the team with lawyers Jackson Kang, Alexis Koumas, Logan O'Brien, Eden Christopher, and Andrena Youssif.

Cahill expressed his enthusiasm for Quadrant's new strategic direction, stating, "It's great to see Quadrant redeploy a strategy that was very successful in their early days. The fund's strategy is perfect for the times because there are many strong founders and management teams who want a strategic capital partner that can bring minority stake capital and expertise. We, and I know many investors, are very excited to see it perform going forward."