Allegro Funds

Allegro Funds Pty Ltd is a private equity firm based in Sydney, Australia, founded in 2004. The firm specializes in mid-market investments, focusing on expansion capital, management buyouts, special situations, and restructures in companies with enterprise values up to AUD$300 million. Allegro primarily targets companies that generate revenues exceeding AUD$50 million and prefers to invest between AUD$10 million and AUD$50 million in equity. The firm seeks controlling stakes and often aims to take a board seat in its portfolio companies, with a typical investment horizon of three to five years. While Allegro does not invest directly in property development, early-stage businesses, or primary industries like agriculture and mining, it is open to investing in companies that provide services to these sectors. Its investment activities are concentrated in Australia and New Zealand, covering various sectors, including B2B, B2C, e-commerce, and technology, media, and telecommunications.

Uddhav Bhargava

Investment Manager

Fay Bou

Investment Director

Steve Bushaway

Operating Partner

Timi Cheng

Operating Partner

Jennifer Cheung

CFO

Erica Garrido

Operating Partner

Sarah Hyden

Operating Partner

Dylan Jaya

Investment Manager

Christopher Koeck

Investment Manager

Johan Krynauw

Investment Manager

Khosrow Kyanian

Assistant Director

Jeffrey Largier

Investment Manager

Alysha Mathieson

Associate

Chester Moynihan

Co-Founder and Partner

Harry Muraledaran

Associate

Mark Sheriff

Operating Partner

Theodore Sun

Investment Manager

Melita Swartz

Operating Partner

Robert Thorpe

Managing Director, Finance and Operations

Jeremy Trouncer

Associate

Menno Veeneklaas

General Operating Partner

Vanessa Xie

Associate

Past deals in New Zealand

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.

Number One Shoes

Acquisition in 2017
Number One Shoes Limited is a footwear retail chain based in Auckland, New Zealand, specializing in discount footwear. Founded in 2001, the company provides a wide range of products, including shoes, boots, slippers, sandals, and sports footwear for men, women, and children. In addition to its physical stores, Number One Shoes offers an online shopping platform. The company was previously known as Discount Shoe Warehouse Limited until it rebranded in October 2009. As of November 2017, it operates as a subsidiary of Hellaby Holdings Limited.

Hannahs

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.

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.
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