Alex Eady News Today

The proceeds will fund the purchase of Quadrant Private Equity’s Superior Food Group, as well as a couple of bolt-on acquisitions. 

Metcash flags in its December half-year results that it has a “significant pipeline of strategic growth opportunities” and “M&A”.

In a note sent to investors on Tuesday, the firm said Alex Eady and Gareth Woodbridge would be appointed co-heads of Quadrant’s buyout business.

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Quadrant will manage the new fund on behalf of institutional heavyweights Future Fund and ROC – and a clutch of the country’s richest people.