Thule Group Acquires Quad Lock
December 4, 2024
Thule Group has completed the acquisition of Quad Lock, a Melbourne-based market leader in performance phone mounts, for AUD 500 million (cash and debt free). The deal (signed with Quadrant Private Equity, two founders and other minority shareholders of Key TopCo Pty Ltd) was completed on December 4, 2024 and is expected to be accretive to Thule's earnings; Quad Lock reported approx. SEK 1.4 billion in revenues for the 12 months ended Aug 31, 2024 with a ~25% EBITDA margin.
- Buyers
- Thule Group
- Targets
- Quad Lock
- Sellers
- Quadrant Private Equity, Founders and other minority shareholders of Key TopCo Pty Ltd (Quad Lock)
- Industry
- Consumer Products
- Location
- Victoria, Australia
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
ASSA ABLOY Acquires Securitech Group Inc.
October 4, 2023
Building Products
ASSA ABLOY has acquired Securitech Group Inc., a U.S. manufacturer of high-security mechanical and electronic door hardware based in Maspeth, Queens, New York. Securitech generated roughly $16 million in sales in 2022, employs about 50 people, and the acquisition is intended to expand ASSA ABLOY's product portfolio and strengthen its position in mature, high-security end markets.
-
ASSA ABLOY Acquires Level Lock
September 10, 2024
Building Products
ASSA ABLOY has acquired Level Lock, a Redwood City, California–based smart lock and digital access platform founded in 2016. The acquisition adds Level Lock’s hardware and digital access technology to ASSA ABLOY’s portfolio to strengthen its digital offering across the Americas; Level Lock reported about $16M sales in 2023 and ~70 employees.
-
ZCG-Backed VENU+ Acquires VLocker
February 3, 2026
Industrial Services
ZCG-backed VENU+ has acquired VLocker, an Australian leader in electronic locker design, manufacture, installation, and management, to expand VENU+'s global smart locker and guest mobility platform. The deal strengthens VENU+'s presence across Australia and Asia and follows its recent Tiburon Lockers acquisition as part of its platform build-out under ZCG Private Equity.
-
Quad‑C Management Makes Growth Investment in Titan Security Group
September 9, 2021
Staffing & HR
Charlottesville-based private equity firm Quad‑C Management completed a growth investment in Chicago-based Titan Security Group, a large provider of security staffing, electronic security systems and consulting. The capital will support Titan’s continued organic growth and management‑led buy‑and‑build strategy, with CEO David S. Pack remaining in place.
-
iQSTEL Acquires 51% Stake in QXTEL
January 23, 2024
Telecommunications
iQSTEL Inc. has entered into a binding agreement to acquire 51% of the capital stock of QXTEL, a wholesale telecommunications provider with offices across Miami, London, Buenos Aires, Istanbul, Belgrade and Dubai. Management said the deal nearly doubles iQSTEL's revenue, brings new wholesale carrier customers and executive talent, and will be integrated to drive operating efficiencies and margin expansion.
-
Blackstone Acquires Chamberlain Group from The Duchossois Group
November 3, 2021
Building Products
Private equity funds managed by Blackstone have completed the acquisition of Chamberlain Group from The Duchossois Group. The investment positions Chamberlain Group to scale its hardware and software-based connected access services (myQ) into broader commercial, industrial and automotive markets, while The Duchossois Group retains meaningful equity and board representation.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.