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Quadrant PE to pull trigger on Superior Food sale post PFD decision Save Share Quadrant Private Equity is set to kick off the sale of its $1 billion a year food services business Superior Food Services, following the ACCC’s decision to approve Woolworths’ entry into the sector. Quadrant and its adviser Stanton Road Partners are expected to pitch Superior Food Group as the No. 3 player in Australia’s food services market, behind Bidvest and the soon-to-be-Woolworths owned PFD Foodservices. Quadrant Private Equity merged Melbourne’s Superior Food Services with Sydney-based N...

Netflix launches charm offensive for Byron Baes We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size A tsunami-sized wave of opposition to Netflix’s docuseries Byron Baes really is the coastal disaster the US-owned streaming service never saw coming. But after plunging an already substantial investment into the series – which Netflix’s local director of content, former ABC executive Que Minh Luu dubbed a “no-brainer” – the streaming giant is showing no signs of backing away. Simon Richardson and Nick O’Donnell. Credit:Illustrat...

There’s plenty more in store for private equity firm Five V Capital’s first foray into Australia’s food sector. 

VendorPanel VendorPanel, a leading Australian procurement platform operating in the US, Canada, Australia and New Zealand, announced today it has secured A$4.3 million in Series B capital from new and existing shareholders. The company is a leader in the Australian ProcureTech market, with over 250 Customers and more than 1,000 corporate and government buying organisations actively purchasing via the platform. The investment will accelerate the company’s US entry following a successful launch in January 2021. “We’ve developed an innovative solution to a big problem and have proven it in...