Street Talk

Next Capital anoints new partner; sells fancy breadmaker Noisette

Sarah Thompson, Kanika Sood and Emma Rapaport

Jul 17, 2024 – 3.56pm

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Next Capital investment director Adam Dicembre, who joined the Sydney-based buyout firm almost a decade ago at just 24, has been elevated to partner.

Dicembre honed his dealmaking prowess alongside founding partner Patrick Elliott, and the promotion follows a strong 18 months for the dealmaker, who oversaw the acquisitions of Compare Club, Jucy Rentals, and a stake in designer furniture supplier GlobeWest. All three deals are housed in Next Capital’s $375 million Fund V.

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.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.