Grant Thornton partners with investor matchmaker Neu Capital

03 October 2019 2 min. read

Professional services firm Grant Thornton has signed a partnership agreement with Neu Capital, a private investor network that matches Australian and New Zealand companies with mid-market private equity investors and family offices. 

“We want to alert CEOs, CFOs and financial controllers to the large pool of private capital wishing to invest in growing or established businesses,” said Paul Gooley, who head the Corporate Finance arm of Grant Thornton in Australia. 

The firm’s Corporate Finance team is one of the country’s leading mid-market advisors, and helps clients with funding and executing mergers & acquisitions, obtaining growth financing and conducting valuations for a variety of corporate finance related activities. 

Grant Thornton partners with investor matchmaker Neu Capital

Teaming up with Neu Capital, of Grant Thornton’s consultants can now offer a broader range of funding options to its clients. Neu Capital’s network of investors covers several hundred (international) institutions, including offices of wealthy families, private equity firms, credit funds and other non-bank lenders. The two firms will focus their efforts on businesses seeking $10 million to $200 million in debt or equity.

Amid a solid economy, such mid-market companies are increasingly looking for capital for growth, acquisition, succession, or debt refinancing, however, while the large-cap segment is well served by large banking intuitions, mid-sized businesses struggle with finding the right avenues to added financial muscle.

At the other side of the table, funds are aggressively seeking established Australian companies to invest in against a backdrop of low interest rates and record levels of dry powder. Neu Capital aims at closing this disconnect, and eyes tapping into Grant Thornton’s network of dealmakers to accelerate the drive.

Cyrus Church, a Director at Neu Capital, elaborated, “We see this an exciting opportunity to partner with one of the world’s most established professional services firms and fill the gap for established companies who need a broader range of funding options, especially when looking to expand their burgeoning businesses.”