Mantel Group – partnership with Five V Capital
Miles Advisory Partners advised the shareholders of Mantel Group on their partnership with Five V Capital.
Transaction Details
Sector
TMT
Miles Role
Sell-side advisor to the shareholders of Mantel Group
Deal Type
Minority sell down/ Private Equity partnership
Year Completed
2022
Contacts for this Transaction
Rohan Manikath
Managing Director
Overview
- Mantel Group is one of Australia’s largest independent technology consulting and software engineering firms, specialising in cloud, data and AI, digital transformation and cybersecurity across banking, healthcare, retail, insurance and government sectors
- The transaction saw private equity firm Five V Capital take a minority stake in Mantel Group
- The partnership supports Mantel Group’s market leadership in its core cloud, data and digital verticals and its expansion into complementary adjacencies, including through further acquisitions under a “house of brands” strategy
Industry Context
Private equity has been increasingly active in Australia’s technology and digital consulting market, attracted by recurring advisory demand, structural growth in cloud, data and AI, and the opportunity to consolidate a fragmented field of specialist firms. Founder-led consultancies have partnered with sponsors to fund buy-and-build expansion while retaining operational identity.
Further information on this transaction is available at: Five V Capital / Mantel Group Press Release
