Five V Capital completed the acquisition of a majority stake in Questas Group from Allegro Funds for A$375m.

Five V Capital, a private equity & venture capital firm, completed the acquisition of a majority stake in Questas Group, a provider of a diverse range of hydraulic, irrigation, pump & engine solutions, from Allegro Funds, an Australia-based private equity firm, for A$375m. “Allegro have been tremendous partners over the last five years working with Questas to continue its 30-year history of growth. Together we have transformed the business and built market leading capabilities in the hydraulics industry. I’d also like to thank Mark Taylor and the whole Questas team for leading the business on this exciting journey,” Kede Carboni, Questas Founder.