Alceon Private Equity eyes another exit following Nido IPO
Mid-market private equity firm Alceon has a busy few months ahead of it, with plans for one more exit and a platform deal before the financial year end.
Mid-market private equity firm Alceon Private Equity is set for a busy few months with plans for one more exit in its portfolio and the potential for one new platform deal before the financial year-end.
Alceon Private Equity made its seventh exit since inception after the $99.2 million IPO of early education business NIDO this week. And the firm's co-managing director Zac Midalia said plans are advanced for another exit in coming months.
"We're working on another exit for the second half of this financial year. I won't say which company, but we're working through that," Midalia said.
The firm's existing portfolio companies specialty fashion group Mosaic Brands, managed services provider efex, discount retailer Cheap as Chips and private health operator SMS Healthcare.
