Msquared Capital Pty Ltd

Accel-KKR is a leading mid-market software and technology investor, established in 2000 as a joint venture between leading venture investor Accel Partners and leading private equity firm KKR. Accel-KKR brings capital, expertise and a network of relationships to our portfolio companies, enabling them to grow faster and more profitably. Throughout the years, the firm has taken a collaborative approach to working with our management teams so that, together, we can help our companies reach their full potential. Accel-KKR focuses primarily on three types of transactions: buyouts of divisions, subsidiaries and business units from public companies; acquisitions and recapitalizations of closely-held private companies; and going-private transactions of small public companies.

Grok Ventures is the private investing vehicle of Mike Cannon-Brookes, co-founder of Atlassian and one of Australia's most successful technology entrepreneurs. Grok Ventures invests in fast-growing technology-enabled businesses with world-class management teams who are solving big problems. Grok particularly likes food and energy companies. We have private, patient, long-term capital, with the flexibility to participate from early-stage or seed financing through to late stage funding rounds (although we prefer to be involved earlier).

Pacific Equity Partners (PEP) is the largest private equity firm in Australia and New Zealand. PEP invests through buyouts and growth capital into a wide range of industries including industrial services, energy, consumer products, entertainment and financial services. PEP prefers to invest in companies with major operations in Australia or New Zealand and with Enterprise Values between A$200m and A$1bn. It typically invests for between three and six years. PEP was founded in 1998 by senior Australian partners of the leading strategy consulting firm Bain & Co.

Direct Capital is New Zealand's largest private equity fund and one of its oldest, having raised five funds since commencing in 1994. Direct Capital is interested in mid-market investment opportunities in Australia and New Zealand, with proceeds usually used for growth (onshore or offshore), acquisitions, or for succession planning strategies. We make both minority and majority investments. We bring both capital and expertise, and work alongside existing owners to grow business value. We are especially adept at expansion into Australia, and helping with board appointments and governance.

Pioneer Capital is a private and growth equity fund focused on New Zealand businesses. We focus on New Zealand businesses managed by highly capable teams, expanding in large international markets, earning meaningful revenue and delivering high value products and services to their customers. Typically these businesses export the majority of their products and services. We support our investee businesses with both capital and strategic involvement alongside management. We have contributed to growth on every occasion. For example, we have assisted in: setting strategic goals; hiring executives and directors; making acquisitions; refinancing; tracking market developments; assessing public market options; managing difficult situations; and identifying and engaging in-market partners, customers and specialist co-investors.

Maui Capital is an Auckland based private equity firm that invests alongside founders in Australian and New Zealand businesses. Maui takes both minority and majority (control) positions in a wide variety of industries. Maui especially likes industry aggregation opportunities, business turnarounds, and companies with significant growth potential including offshore expansion.