These awards highlight the significant and outstanding contribution that firms within the private capital industry have made to the Australian economy and demonstrating the real value of investment in the sector to grow businesses and drive innovation.
The Council would like to congratulate each nominee who has entered the awards for 2022, and acknowledge the dedication and invaluable contribution that you have all made to investing capital, growing businesses and creating a stronger Australian economy for many years to come.
Lifetime Achievement Award
Grant Chamberlain (posthumously)
This Lifetime Achievement Award is in recognition of the exceptional contribution that Grant made throughout his career. It is also symbolic of both his professional success and the respect he earned from others as an industry leader. Most importantly, it is a celebration of his many accomplishments and a lasting memory for his life well lived.
Venture Capital Investment
OneVentures for their investment in Employment Hero
Employment Hero provides a cloud-based platform that helps SMEs manage a full suite of services online for HR, payroll, employee benefits, and global teams. This includes HR needs from contracts, to visa checks, performance reviews, compliance reporting, HR policies and learning and development. Payroll products to manage rosters, budgeting, timesheets and employee pay as well as superannuation and employee benefits.
Corporate Venture Capital Investment
NAB Ventures for their investment in ActivePipe
Founded in 2015 and based in Melbourne, ActivePipe is a SaaS based automated marketing platform specifically targeted at the residential real estate industry. ActivePipe operates in four countries and supports more than 2,500 brokerages and 40,000 agents. The product provides integrated email marketing that identified consumer behaviour using Artificial Intelligence that can define the profiles of prospective clients and tells the real estate agent who the next sellers and buyers will most likely be, and who to contact.
Small Cap Investment under $100 million
Quadrant Private Equity for their investment in Arq Group
Arq Group was originally Melbourne IT – one of the first technology companies listed on the ASX. Arq Group acquired several service offerings to create two distinct divisions of Enterprise IT services, and SME IT services. Through a Management Buy-In, Quadrant acquired Arq Group's Enterprise IT services division, offering cloud services; along with Outware providing digital services, and InfoReady, providing data services. With management, Arq Group was transformed into an integrated Enterprise IT services business with capabilities across Digital, Data, Cloud, and Managed Services.
Mid Cap Investment between $100 and $250 million
Next Capital for their investment in NZ Bus
Next Capital was introduced to NZ Bus during the peak of the pandemic. The firm saw an opportunity to transition the business to the new operating regime, consolidating, modernising an old-fashioned transport industry, and driving the electrification/decarbonisation of the fleet while achieving a fantastic return for investors.
Upper Mid Cap between $250 and $500 million
Quadrant Private Equity for their investment in Probe CX
Probe CX is a globally recognised and award-winning customer experience organisation that designs and deploys solutions to bolster and optimise its client’s operations. Founded more than 40 years ago Probe CX is now the largest provider of outsourced CX and BPO services in Australia and New Zealand, employs over 15,000-plus staff and services more than 600 clients in 33 offices across the globe.
Large Cap >$500 million
Pacific Equity Partners for their investment in Intellihub
The Intellihub Group is an Australian and New Zealand based utility services company that delivers innovative metering and data solutions to maximize digital and new energy services. Intellihub is an experienced provider of multi-utility services across electricity, gas and water networks for residential, commercial, industrial, embedded networks and solar metering customers.
Leadership in Diversity and Inclusion Award
OneVentures and Adamantem Capital
OneVentures has a 50% gender balance and women comprise 70% of the firm’s investment team. At a portfolio level, diversity is always considered during the due diligence process and is discussed at all stages of the company’s lifecycle.
Adamantem has diversity imprinted on its DNA. The firm incorporates diversity and inclusion across every aspect of the firm’s operations from encouraging an environment where everyone has a voice, to a comprehensive Equal Employment Opportunity Policy, an Inclusion and Diversity Action Plan, cultural leave, flexible working arrangements and superannuation payments for paid and unpaid Parental leave up to 12 months. As a minimum, the firm has no single gender deal teams and requests the same gender diversity requirements of its advisers.
Firm of the Year
Quadrant Private Equity
The Council received extremely strong submissions from firms that have achieved outstanding outcomes for investors, have made significant contributions to industry development in the private capital community and have built and expanded portfolios of high performing, innovative companies with a strong contribution to job creation and prospects for the future. In the end our Firm of the year was a narrow winner.