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Jaybro acquired by private equity firm
Australian private equity firm Quadrant has been advised on its acquisition, and investment in, an Australia and New Zealand construction and infrastructure sector provider.
Lauren Croft
Firm: Allens (Quadrant Private Equity)
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Deal: Allens has advised Quadrant Private Equity on the acquisition of infrastructure supply specialist company Jaybro.
Value: Undisclosed
Area: M&A
Key players: The Allens team was led by M&A partner Tom Story, who was assisted by senior associate James Nguyen, associates Terence Zhou and Charlie George and lawyer Adam Silver, as well as members of the TMT, employment, real estate and IP teams.
Deal significance: The deal represents a significant investment by Quadrant into a key sector of the economy that will be integral to the post-pandemic recovery, according to Allens.
“Quadrant’s investment will enable Jaybro to continue its growth trajectory, supporting construction and infrastructure businesses as they work to build the vital pieces of the economy that will position Australia for future economic growth,” Mr Story said.
