Quadrant Private Equity
Private equity firm
Sydney-based mid-market private equity firm established in 1996 and investing in companies in Australia and New Zealand. Former investments include VIP Pet Foods, Burson Auto Parts and Red Rooster. Formed the RiteBite Group in 2019 after acquiring Darrell Lea and another 8 snack brands.
|Quadrant Private Equity Pty Ltd||AUS||website|
|Quadrant Private Equity Pty Ltd|
Quadrant owned Rockpool Dining Group, a giant in the hospitality and dining scene, has been accused of "one of the most egregious cases of wage theft Australia has seen yet" by a law firm alleging the company has underpaid its workers at least $10 million.
Source: news article (2019)
Quadrant bought a large stake in Independent Pub Group in 2007, which owned several hotels, including gaming venues. Quadrant has since sold its stake in the hotel group.
Source: company website (2019)
|Subsidiaries||Amart Furniture Pty Ltd
Founded in Queensland in 1970, and today operates over 50 furniture stores around Australia.
Rite Bite Group Pty Ltd
Established in 2019 when Australian private equity firm Quadrant, who bought Darrell Lea Chocolates in 2018, acquired another eight snack brands.
- Darrell Lea Confectionery Co Pty Ltd (85% owned)
Established in 1927 and privately owned by the Lea family until getting into financial trouble in 2012 and being acquired by the Quinn family. In 2018 Quadrant Private Equity bought a majority stake for $200m. The Quinn family also sold a majority stake in its VIP Petfoods business in 2015 to Quadrant. Darrell Lea acquired the Life Savers brand from Nestle in 2018, acquiring the rights to the lolly in Australia and New Zealand.
- Think Products Pty Ltd
Became part of newly formed RiteBite Group in 2019.
- Bailey Boys Pty Ltd
Food & beverages
Offices in Melbourne, Sydney and Hong Kong. Became part of newly formed RiteBite Group in 2019.
Prime100 Pty Ltd (55% owned)
Pet food manufacturer
Founded in 2014, and opened a new pet food manufacturing plant in Melbourne in 2019. In 2021 a majority stake was acquired by Quandrant Private Equity, who previously owned VIP Petfoods.
|Address||Level 30, 126 Phillip St, Sydney, NSW, 2000, Australia|
|Phone||02 9221 3044|
Products / BrandsRiteBite Group
Bar Counter Health Bars
CrispyFruits Canned Fruit
Planet Food Health Bars
Planet Food Health Foods
Planet Food Sports Nutrition
Power Super Foods certified organic Health Foods
Smooze Ice Blocks
Systemax Sports Nutrition
Thinkfood Munch Health Foods
Well Naturally Health Bars
Well Naturally Chocolate
Darrell Lea (85% owned)
Darrell Lea Chocolate
Darrell Lea Sweets & Lollies
Heritage Fine Chocolates Chocolate
Life Savers Sweets & Lollies
Ricci Sweets & Lollies
Prime100 (55% owned)
Prime Pantry Pet Food (chilled)
Prime Pantry Dog Treats