Five V completed the acquisition of a minority stake in Mantel Group.

Five V, a private equity firm, completed the acquisition of a minority stake in Mantel Group, a software company. Financial terms were not disclosed. “Our aggressive approach towards growth with a people first, culture first attitude continues to drive our organisation forward. There is great cultural and strategic alignment between Five V and Mantel Group, which will aid in further accelerating our position in market, but more importantly enabling us to deliver even better outcomes for our clients whilst remaining one of the best places to work in Australia," Con Mouzouris, Mantel CEO.