Acquires Media Monitors

In July 2010, Quadrant successfully concluded the management buyout of Media Monitors.

Established in 1982, Media Monitors is today a market leading international media services business with operations in Australia, New Zealand, China, Hong Kong, Malaysia and Singapore. Operating 24/7, Media Monitors services over 5,000 corporate and government customers with a suite of products to monitor their customers’ interests in all media streams (press, broadcast and internet) and provide them with relevant and timely media insights.

Quadrant has partnered with the MBO team to accelerate the growth of the business through the development of innovative products and services and strategic acquisitions.

Please refer to www.mediamonitorsgroup.com for further information.

Bolt-on Acquisition for Quick Service Restaurants

In August 2010, Quadrant investee company Quick Service Restaurants contracted to acquire a competitor in Western Australia. The acquisition will add an additional 40 chicken fast food stores to the network and provide further critical mass in WA. Following this acquisition, QSR will have over 600 stores (both company and franchisee) across its network of Red Rooster, Oporto and Chicken Treat businesses. The bolt-on acquisition is complementary to the existing store network and is expected to deliver significant synergy benefits to franchisees.

Successful Divestment of ATF

In July 2010, Quadrant successfully divested its investment in ATF via a sale to CHAMP Private Equity. ATF is Australia’s largest provider of temporary fencing and height safety services to the residential, commercial and construction markets. Since acquisition in December 2006, ATF generated significant revenue uplift and close to doubled its earnings from a combination of successful growth initiatives, operational improvements and selective bolt-on acquisitions. The investment delivered strong returns to Quadrant's investors.

Please refer to www.atfservices.com.au for further information. 

Expands the Quadrant Team

Emily Redmond joined the Quadrant team in August 2010 as Financial Controller. Emily had previously worked with PricewaterhouseCoopers for 10 years in Sydney and London, and was a senior manager in their Financial Assurance division.

Emily is responsible for accounting, compliance, treasury, settlements and back office administration.

Funding for Buyout and Growth Capital

Since raising the $500 million QPE No.2 fund in April 2007, Quadrant has invested $383 million of equity across five investments and continues to seek attractive investment opportunities.

Quadrant is one of Australia’s leading mid market private equity investors focussing on attractive investment opportunities within the following parameters:

•  Enterprise value of $100m to $400m
•  Equity cheque of $50m to $100m

For further information please contact: