Adamantem Capital made a $55m bid for Legend.

Private equity firm Adamantem Capital made a $55m bid for Legend, which provides engineering solutions in Australia and New Zealand. The purchase price represents a 17.7% premium to Legend's last stock price. Adamantem Capital managing director Rob Koczkar said the PE firm is committed to continuing the growth of Legend under private ownership, supporting its people and customers, and building on its history as a leading provider of engineering solutions to a range of industries.