Advent Private Capital

Advent Private Capital

Primary Contacts

Rupert Harrington, Managing Director
Robert Radcliffe-Smith, Executive Director

T: 61 3 9690 9566

Our website

Advent Private Capital

Who we are

Advent Private Capital is a Melbourne based mid-market private equity group with over AUD$500 million in committed capital and a long and successful track record in making, managing and realising investments. One of Australia's most experienced private equity fund managers; Advent has invested successfully in the sector since 1984 and is Australia’s oldest continuously operating Private Equity Manager.

Collectively, our team has more than 80 years of Private Equity investment experience, gained while working together and across multiple generations of Advent funds.

In total Advent has invested in over 90 businesses over a full range of economic conditions and portfolio cycles, helping management teams create value and build first class companies.

Landmark past investments include:

  • Securepay: a market leader in electronic commerce
  • SCADA Group: global provider of systems and SCADA products to the water, oil and gas industries
  • Primary Healthcare: now one of Australia's largest medical service providers;
  • Ayers Rock Resort: the iconic Northern Territory hotel complex;
  • Cochlear: developer of the bionic ear;
  • Sydney Aquarium: the renowned themed attraction in Sydney Harbour;
  • Vision Systems: producer of the laser airborne depth sounder;
  • Taverner Hotel Group: a consolidator of leading hotels;
  • Sleepmaster: Australia's foremost manufacturer of bedroom products; and ACIL: a market leader in foreign aid project management.

Advent's current portfolio of investments including – Orionstone, Genesis Care, Integrated Packaging Group, ISIS, Locker Group, Regency Media, Trivantage, Tech Rentals and UGM (Underground Mining Solutions) - demonstrate Advent's continued focus on leading Australian mid-market businesses with excellent management teams.

We have recently finished investing the $300m Advent 5 fund and are currently raising the Advent 6 fund, which will be of similar size and focus.

We are interested in profitable, middle market private companies with enterprise values from $50 million up to $200 million. Our approach draws on a strong, equal partnership with management and we have experience in taking majority or minority (min 30%) shareholdings.