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Announced

Allegro Funds to acquire a 29% stake in Camp Australia from Bain Capital.

Synopsis

Allegro Funds, a Sydney-based investment firm, agreed to acquire a 29% stake in Camp Australia, an outside school hours care provider, from Bain Capital, a private equity firm. Financial terms were not disclosed. Camp Australia Chief Executive Officer Warren Jacobson said the changes will allow the business to deliver on its commitment to market leadership.

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