Ledger. Australian venture funding, tracked

Company

Fitness First

Gym chain

Coverage

Stories naming Fitness First. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

3 deals

Private equity firm Quadrant takes a $50-100 million slice of startup veteran LegalVision

Sydney PE firm Quadrant's new $660m growth fund backs LegalVision for an undisclosed stake; the article also recaps Quadrant's earlier deals and exits, including Canva, Modibodi and Canberra Data Centres.

Unnamed stage $250k

Canva has a new $500 million shareholder – a Sydney private equity firm that previously made a fortune from pet food

Sydney PE firm Quadrant bought a $500 million Canva stake from existing holders including Blackbird, at a US$25 billion valuation — the first deal for Quadrant's ninth fund.

Exit / M&A

Raiz Invest appoint Philippa Taylor to the board

Raiz Invest has appointed experienced director Philippa Taylor as a non-executive director, effective February 2021, adding governance and executive expertise as the fintech pursues growth across Australia and Southeast Asia.

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