M&A Deal Summary

New Hope Group Acquires Real Pet Food

On January 19, 2018, New Hope Group acquired consumer services company Real Pet Food from Quadrant Private Equity for 770M USD

Acquisition Highlights
  • This is New Hope Group’s 1st transaction in the Consumer Services sector.
  • This is New Hope Group’s largest (disclosed) transaction.
  • This is New Hope Group’s 1st transaction in Australia.

M&A Deal Summary

Date 2018-01-19
Target Real Pet Food
Sector Consumer Services
Buyer(s) New Hope Group
Sellers(s) Quadrant Private Equity
Deal Type Add-on Acquisition
Deal Value 770M USD

Target

Real Pet Food

Crows Nest, Australia
Real Pet Food is a supplier of chilled petfood. Real Pet Food was founded in 1994 and is based in Crows Nest, Australia.

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Buyer(S) 1

Buyer

New Hope Group

Chengdu, China

Category Company
Founded 1982
Sector Business Services
DESCRIPTION

New Hope Group is a private enterprise group mainly engaged in modern agriculture and food industry. New Hope Group was founded in 1982 and is based in Chengdu, China.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Australia) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Quadrant Private Equity

Sydney, Australia

Category Private Equity Firm
Founded 1996
PE ASSETS 7.0B AUD
Size Large
Type Sector Agnostic
DESCRIPTION

Quadrant Private Equity is a generalist Australian private equity firm focused on management buyouts, buy-ins, and growth capital investments in a broad range of industries. Quadrant prefers profitable businesses and looks to commit AU$70 to AU$150 million per transaction. The Firm will not consider investments in mineral exploration or primary agriculture. Quadrant Private Equity is based in Sydney.


DEAL STATS #
Overall 18 of 23
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 6 of 9
Country (Australia) 15 of 20
Year (2018) 1 of 3
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-15 Darrell Lea

Ingleburn, Australia

Darrell Lea is a manufacturer and distributor of chocolate, liquorice and other confectionery. Darrell Lea was founded in 1927 and is based in Ingleburn, Australia.

Buy $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-26 APN Outdoor Group

Pyrmont, Australia

APN Outdoor Group Ltd. is a provider of outdoor advertising services across Australia and New Zealand.

Sell AU$1.1B