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 |
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.