01/10/2019

Gilbert + Tobin has acted for Quadrant Growth Fund on its first four investments. The $400 million Quadrant Growth Fund was raised in April this year. 

G+T helped Quadrant Growth close two of its investments yesterday - Adore Beauty, a leading online beauty retailer, and Love to Dream, a leading designer of innovative baby swaddles and sleepwear.

G+T also acted for Quadrant Growth on its investment in Modibodi, a leading Australian designer, developer and provider of sustainable personal hygiene apparel for women which completed earlier in September.

G+T Corporate Advisory partner Rachael Bassil led the teams, which also comprised lawyers Elizabeth Cameron, Olivia Blakiston, Alexandra Meade, Matthew Coe and Michelle Lee.

Earlier in the year Gilbert + Tobin advised Quadrant Growth on its first investment, when it acquired the GraysOnline and AreYouSelling businesses from Eclipx Corporation Limited in July. The team was led by Corporate Advisory partner Peter Cook, along with Technology + Digital partners Tim Gole and Melissa Fai, and Corporate Advisory lawyers Elizabeth Cameron, Annabel Humphreys and Edward Davidson.

Commenting on the deals, partner Rachael Bassil said, “Each of the transactions shows Quadrant’s strength in identifying and partnering with amazing entrepreneurs to grow Australian businesses.  It is particularly pleasing to be able to support Quadrant invest in female-founded businesses.  I look forward to seeing these companies go from strength to strength.” 

Justin Ryan, Managing Partner of the Quadrant Growth Fund commented “We’re really excited about these businesses and appreciate having Gilbert + Tobin on our team. They’re really good at focusing on what matters and getting deals done.”

Gilbert + Tobin’s market-leading Corporate Advisory team has advised on many of Australia’s largest and most innovative transactions, including advising BGH Capital on its $2.3 billion acquisition of Navitas, TPG on its $1 billion acquisition of Greencross, Anheuser-Busch InBev on $16 billion sale of Carlton & United Breweries to Asahi Group, DuluxGroup on its $4.2 billion acquisition by Nippon Paint, and Viva Energy on its $2.65 billion IPO. Gilbert + Tobin won Private Equity Legal Adviser of the Year at the Mergermarket Australia M&A Awards held in Sydney last week.

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