Sydney-based Quadrant Private Equity has joined Adrian MacKenzie's Five V Capital in the $300 million buyout of Filipino outsourcing agency Microsourcing from ASX-listed marketing services group Salmat.
Quadrant Private Equity has secured a stake in Five V Capital-backed portfolio company Probe Group, through which the offshore business will be purchased, and two board seats after the buyout firm partnered with Five V to stitch up the deal.
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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
