Quadrant Private Equity (QPE) has taken a majority stake in property advisory firm Herron Todd White (HTW).
HTW operates 60 offices in Australia with over 800 staff. Founded almost 60 years ago, the company has become Australia’s largest independent property valuation advisory group.
Gareth Woodbridge, managing partner and co-head of the buyout strategy at QPE said: “We look forward to supporting HTW by investing in people, technology and data assets, and helping to expand its capabilities through acquisitions to accelerate the company’s growth plans.”
Gary Brinkworth, HTW chief executive, said the partnership marked a significant milestone for his group, signifying the beginning of a transformative era.
“The partnership will enable our business to expand our reach, enhance technology, and invest in our people’s capabilities to continue delivering the industry-leading services to our clients for which Herron Todd White is known.”
He said the partnership with QPE strengthened the firm’s ability to seize new opportunities, expand its reach, and drive sustainable growth.
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