Project Description

SNAPSHOT

Type of Investment: Partnership
Industry: Industrial Services
Initial Investment: June 2019
Fund: Allegro Fund III
Investment Status: Current
Website: questas.com.au
Contact: Chester Moynihan
Jeffrey Largier
Jeremy Trouncer
Caleb Kim
Ana Kozyreva

BUSINESS OVERVIEW

Questas comprises a group of associated companies operating through a national branch network to provide hydraulic, irrigation, pump and engine solutions to the mining, construction, agricultural and general industrial sectors.

Questas is one of Australia’s largest independent hydraulics and water companies with a suite of brands including Berendsen Fluid Power, Pacific Hydraulics and Water Dynamics.

In June 2019, Allegro acquired a majority stake in Questas partnering with the founder, Kede Carboni, to transform and grow the businesses. Allegro is represented on the board of Questas by Chester Moynihan and Jeffrey Largier.

Questas was the third investment made in Allegro Fund III and is also included the Allegro Fund III side car.