Allegro Funds

Allegro Funds Pty Ltd is a private equity firm based in Sydney, Australia, established in 2004. The firm specializes in mid-market investments, focusing on expansion capital, management buyouts, special situations, restructures, and turnarounds. Allegro primarily targets companies with enterprise values up to AUD$300 million and revenues exceeding AUD$50 million, investing between AUD$10 million and AUD$50 million in equity. The firm prefers to take controlling stakes and typically seeks a board seat in its portfolio companies. Allegro does not invest in property development, early-stage businesses, or primary industries like agriculture and mining, but it does consider companies that serve these sectors. The firm operates mainly in Australia and New Zealand, aiming for exits within three to five years after investment.

Fay Bou

Partner & Managing Director

Timi Cheng

Operating Partner

Jennifer Cheung

CFO

Nicole Connolly

Director, Investor Relations

Anouk Darling

Operating Partner

Sarah Horton

Associate

Sarah Hyden

Operating Partner

Joseph Kim

Investment Director

Chris Koeck

Investment Director

Johan Krynauw

Managing Director

Khosrow Kyanian

Investment Manager

Jeffrey Largier

Managing Director

Leahy C.A., Brad

Operating Partner

Adrian Loader

Co-Founder & Partner

Chester Moynihan

Co-Founder & Partner

Misha Saul

Associate

Mark Sheriff

Operating Partner

Melita Swartz

Operating Partner

Robert Thorpe

Managing Director, Finance and Operations

Jeremy Trouncer

Associate

Menno Veeneklaas

General Operating Partner

16 past transactions

Toll Global Express

Acquisition in 2021
Toll Global Express is a diversified transportation and logistics business with an unparalleled network across Australia and New Zealand. The group provides express parcel, freight delivery and domestic forwarding services in Australia, and transport and contract logistics services in New Zealand.

Hannahs Shoes

Acquisition in 2017
Hannahs Shoes is a specialty retail footwear chain with 52 stores under the Hannahs brand, and 10 stores under the Hush Puppies brand and the Auckland Pulp store.

Number One Shoes

Acquisition in 2017
Number 1 Shoes Limited operates a chain of footwear retail stores in New Zealand. It offers shoes, boots, slippers, sandals, sports, and accessories for men, women, and kids. The company offers products online. Number 1 Shoes Limited was formerly known as Discount Shoe Warehouse Limited and changed its name to Number 1 Shoes Limited in October 2009. The company was founded in 2001 and is based in Auckland, New Zealand. As of November 2, 2017, Number 1 Shoes Limited operates as a prior subsidiary of Hellaby Holdings Limited.

Terrex Seismic

Acquisition in 2017
Terrex Seismic Pty Ltd provides seismic acquisition services, surveying, and geophysical processing services to the global oil and gas and resources industries. The company is based in Banyo, Australia.

Healthy Life

Acquisition in 2017
Healthy Life is a health retailer with wholesale and retail operations including 56 stores across Australia. Healthy life has wholesale and retail operations across 63 stores in Australia.

JSW Australia

Acquisition in 2016
JSW Australia provides drilling services with Tier 1 customers across commodities including iron ore, gold, and bauxite.

Experience Australia Group

Private Equity Round in 2016
Experience Australia Group is experiential tourism business which owns a portfolio of businesses providing tourism services.

Pizza Hut Australia

Acquisition in 2016
Pizza Hut Australia is a restaurant chain and international franchise known for Italian-American cuisine including pizza and pasta.

Carpet Court

Acquisition in 2015
Carpet Court owns and operates a chain of residential and commercial flooring product stores throughout New Zealand. It offers carpets, laminates, tiles, vinyl products, luxury vinyl tiles, and wood and timber floors, as well as curtains and blinds. The company is headquartered in Auckland, New Zealand.

Great Southern Rail

Acquisition in 2015
Great Southern Rail has owned and operated The Ghan (Adelaide-Alice Springs-Darwin), the Indian Pacific (Sydney-Adelaide-Perth) and The Overland (Melbourne-Adelaide) rail journeys since 1997 when it became the first transcontinental passenger rail business to be privatised in Australia.

Custom Bus

Acquisition in 2014
Custom Bus is a bus-body building company established in 1955, recognized for its high-quality and durable city buses designed for a lifespan of 25 years. The company caters to the Australasian passenger sector by manufacturing electric buses, coaches, and trucks, alongside providing essential vehicle components such as spare parts, bench seats, and seat belts. Custom Bus serves a diverse clientele, including some of the largest government and private bus operators in Australia, ensuring its products meet the rigorous demands of public transportation.

Bos International

Debt Financing in 2012
Bos International provides debt solutions, treasury, and risk management services for corporate customers and financial institutions.

TSC Group

Acquisition in 2012
TSC Group is the holding company for the group of industrial services businesses. It provides technical maintenance services and small-scale fit outs for commercial and industrial HVAC, refrigeration, and fire safety and security needs.

Vulcanite

Acquisition in 2011
Vulcanite esigns, manufactures, distributes, and supplies engineered rubber products for rail, construction, and industrial markets.

I-MED Network Radiology

Acquisition in 2011
The I-MED Network is Australia’s largest private medical imaging network, with clinics in all major metropolitan areas and significant parts of rural and regional Australia. Across Australia, the I-MED Network operates over 200 medical imaging clinics. Annually, over 4 million patient examinations are performed by our 300 specialist radiologists, 50 nuclear physicians, and 3,900 staff making us one of the largest providers of medical imaging in the world. The I-MED Radiology Network was formed in July 2000, and in October 2004 merged its medical imaging business with MIA Group Limited creating Australia's largest medical imaging network. Today, the I-MED Radiology Network is a privately owned company.

Discovery Parks

Acquisition in 2008
Discovery Parks owns and operates lifestyle holiday parks in Australia. With almost 60 fantastic locations across Australia, whether you are looking for a family holiday, a short escape, work stay or corporate accommodation, Discovery Parks has the solution for you.