Mwave, the Australian computer and video gaming equipment retailer once owned by Anacacia Capital, is being sold to digiDirect, the consumer electronics business that last year snapped up Booktopia.
Anacacia joined the register alongside Mwave founder Victor Lee and local venture capital outfit Right Click Capital in 2020 when it put a stake in the business into its third private equity fund. After sluggish growth, Lee bought out his private equity partners and put Mwave on the market.
