Latest News

Allegro attracts strong commitments to newly launched Fund III

Australian private equity fund manager Allegro is pleased to announce the first close of Allegro Fund III, the third private equity fund managed by Allegro focused on transformation, turnaround and distressed investment opportunities…read more

Allegro positions Terrex Seismic for growth

Australian private equity fund manager Allegro has finalised its seventh investment from its current Fund by acquiring a majority stake in Australia’s leading seismic surveyor Terrex Seismic (“Terrex”), partnering with the company owner in the transaction…read more

Allegro positions West Australian drilling business for growth

Australian private equity fund manager Allegro has acquired mine production and specialist drilling services business JSW Australia Pty Ltd (“JSW”), a subsidiary of Hughes Drilling Limited (under Administration), via a Deed of Company Arrangement…read more

Quadrant buys majority stake in Great Southern Rail from Allegro

Private equity firm Quadrant has entered into an agreement to acquire a majority stake in iconic tourism rail company Great Southern Rail (GSR), operator of luxury Australian transcontinental passenger rail services, The Ghan, The Indian Pacific and The Overland, from private equity fund manager Allegro…read more

Allegro takes slice of local market with Pizza Hut acquisition

Australian private equity fund manager Allegro, together with a local management buy-in (MBI) team, has acquired the master franchisee licence for Pizza Hut in Australia from US-based parent company Yum! Brands, global owner of the Pizza Hut brand…read more

TSC Group Exit

We are pleased to announce that Allegro Funds (“Allegro”) has exited its majority stake in TSC Group (“TSC”) on the 17th of September, 2015. Allegro sold its remaining 80% stake in TSC to Engie Group (“Engie”), formerly known as GDF Suez. The sale represents a return to investors of 2.4x MoM and 40% IRR over a three year holding period…read more