Thomson Geer has advised private equity firm, Anacacia Capital on its investment in one of Australia’s largest independent infrastructure advisory and project management firms, Root Partnerships. The Thomson Geer team was led by Partner, Dan Kramer. He was supported by Special Counsel, Jeremy Wilkin and Lucinda Girdlestone and Lawyer, Alain Nguyen.
Anacacia Capital invests in listed and unlisted companies, typically with annual revenue worth $20 million to $200 million, and at least $5 million profit. This latest investment caps a big few weeks for Anacacia, after it was named as firm of the year at the annual Australian Investment Council awards last month, also winning best small cap investment for its stake in Yumi’s Quality Foods.
Root Partnerships is an independent consulting and project management firm operating out of offices in Sydney and Melbourne, with around 100 staff. It is best known for its work on social infrastructure projects such as museums, schools, airports and hospitals.
Anacacia Capital’s Managing Director, Jeremy Samuel, said “The infrastructure needs in Australia are very high. Our due diligence illustrated that government and asset owners are increasingly looking to engage Root Partnerships to manage the quality and costs of such large investments“.
“We are excited to back Root Partnerships in the next part of their growth journey“.