Quadrant completed the acquisition of Graysonline and Areyouselling for A$60m.

Quadrant, an Australian private equity investment firm, completed the acquisition of Graysonline, an online retail and auction company and Areyouselling, Australia's largest online car, boat and motorbike buying company from Eclipx Group, an established leader in vehicle fleet leasing, fleet management, and diversified financial services for A$60m ($41m). “GraysOnline is one of the most significant e-commerce platforms in Australia with annual online sales valued at over $600m. With its significant e-commerce capabilities and iconic trusted brand and heritage, GraysOnline can provide a highly attractive and efficient online transaction-based offering to its growing number of suppliers and members," Justin Ryan, Quadrant Managing Partner.