{"id":176304,"date":"2025-12-10T00:25:08","date_gmt":"2025-12-10T00:25:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/176304\/"},"modified":"2025-12-10T00:25:08","modified_gmt":"2025-12-10T00:25:08","slug":"as-colour-sells-stake-to-quadrant-as-direct-capital-trims-holding","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/176304\/","title":{"rendered":"AS Colour sells stake to Quadrant as Direct Capital trims holding"},"content":{"rendered":"<p class=\"WEeFTHfsBFTkKSx\" style=\"display:none\">Quadrant Private Equity partners Louis Casey and Marcus Darville said they were thrilled to partner with AS Colour.<\/p>\n<p class=\"WEeFTHfsBFTkKSx\" style=\"display:none\">\u201cThe business has built an exceptional brand in New Zealand and Australia and is now scaling rapidly in the US, UK and Europe,\u201d Casey and Darville said.<\/p>\n<p class=\"WEeFTHfsBFTkKSx\" style=\"display:none\">\u201cWhat sets AS Colour apart is the combination of premium product quality, a direct B2B sales model, a highly efficient supply chain and \u2013 most importantly \u2013 an outstanding team and culture that is genuinely passionate about what they do. We see a significant global runway ahead.&#8221;<\/p>\n<p class=\"WEeFTHfsBFTkKSx\" style=\"display:none\">Quadrant\u2019s stake is being acquired from Direct Capital, the New Zealand-based private equity firm that has backed AS Colour since 2017.<\/p>\n<p class=\"WEeFTHfsBFTkKSx\" style=\"display:none\">Though not officially announced, the Australian Financial Review in its Street Talk column said it understood Quadrant had acquired a 21% stake, with Direct Capital retaining a 7% stake.<\/p>\n<p class=\"WEeFTHfsBFTkKSx\" style=\"display:none\">Direct Capital partner Chris Wills said the business was delighted to continue its involvement with AS Colour and was looking forward to working with Quadrant as a like-minded partner.<\/p>\n<p class=\"WEeFTHfsBFTkKSx\" style=\"display:none\">AS Colour chief executive Clive Ormerod said New Zealand remained the business\u2019 \u201chome and spiritual heart\u201d.<\/p>\n<p class=\"WEeFTHfsBFTkKSx\" style=\"display:none\">\u201cPartnering with Quadrant gives us additional strategic capability to keep strengthening our brand across Australia and New Zealand, and to accelerate our international expansion in markets such as the US, UK and Europe,\u201d Ormerod said.<\/p>\n<p class=\"WEeFTHfsBFTkKSx\" style=\"display:none\">\u201cThis is a strong endorsement of the team and strategy we have been executing.\u201d<\/p>\n<p class=\"WEeFTHfsBFTkKSx\" style=\"display:none\">Tom Raynel is a multimedia business journalist for the Herald covering small business, retail and tourism.<\/p>\n<p>Stay ahead with the latest market moves, corporate updates, and economic insights by subscribing to our <a href=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\">Business newsletter<\/a> \u2013 your essential weekly round-up of all the business news you need.<\/p>\n","protected":false},"excerpt":{"rendered":"Quadrant Private Equity partners Louis Casey and Marcus Darville said they were thrilled to partner with AS Colour.&hellip;\n","protected":false},"author":2,"featured_media":176305,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[97596,806,113013,16421,3241,138,1288,26561,1656,49063,17629,1137,13689,1138,71,21666,1019,194,2683,111,139,69,2171,1136,113011,1128,1130,74235,61,70931,113012],"class_list":["post-176304","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-apparel","tag-as","tag-backers","tag-bolster","tag-bought","tag-business","tag-capital","tag-colour","tag-company","tag-companys","tag-direct","tag-equity","tag-expansion","tag-firm","tag-from","tag-holding","tag-international","tag-kiwi","tag-move","tag-new-zealand","tag-newzealand","tag-nz","tag-plans","tag-private","tag-quadrant","tag-sells","tag-stake","tag-sydneybased","tag-to","tag-trims","tag-zealandfounded"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/176304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=176304"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/176304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/176305"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=176304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=176304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=176304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}