Investment Summary

Advent Partners Invests In Zero Latency VR

On August 11, 2021, private equity firm Advent Partners invested in digital media company Zero Latency VR

Investment Highlights
  • This is Advent Partners’ 1st transaction in the Digital Media sector.
  • This is Advent Partners’ 24th transaction in Australia.

Investment Summary

Date 2021-08-11
Target Zero Latency VR
Sector Digital Media
Investor(s) Advent Partners
Deal Type Growth Capital

Target

Zero Latency VR

Adelaide, Australia
Zero Latency VR is an international virtual reality powerhouse that creates immersive VR experiences, for up to 8 players, by combining premium hardware and player wearables with its market-leading technology, proprietary software and exclusive gaming content. Zero Latency VR is based in Adelaide, Australia.

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Investor(S) 1

Investor

Advent Partners

Melbourne, Australia

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 700M AUD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Advent Private Capital is an Australian private equity firm focused on investing in privately owned, growing businesses, with strong management and sustainable competitive advantages. Advent looks to invest in businesses valued between $15 and $100 million AUS with operating profits of at least $4 million. Advent considers itself a generalist private equity firm with an expansive industry focus, however, the Firm has a history of targeting manufacturing and service-based businesses. Advent will not invest in property development, resources, primary production, listed companies, start-ups or early-stage transactions. Advent was formed in 1984 and is based in Melbourne.


DEAL STATS #
Overall 26 of 28
Sector: Digital Media M&A 1 of 1
Type: Growth Capital M&A Deals 13 of 14
Country: Australia M&A 24 of 25
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-03 Medtech Global

Auckland, New Zealand

Medtech Global is a SaaS business that provides mission-critical software to ~18,000 GP, Allied Health and Specialist users across Australia and NZ. It offers an all-encompassing suite of features including core practice management and administrative functions, kiosks, SMS reminders, cloud hosting and a range of integrations with third-party providers. Medtech Global is based in Auckland, New Zealand.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 Imaging Associates

Box Hill, Australia

Imaging Associates is an independent diagnostic imaging provider which is owned and operated by a team of ~20 radiologists. Imaging Associates was founded in 2008 and is based in Box Hill, Australia.

Buy -