Operating Company Financial Services

QIC

Brisbane, Queensland, Australia

QIC is one of Australia’s largest institutional investment managers and a private markets specialist with deep fixed income and overlays expertise. It invests for the long term across infrastructure, real assets, real estate, private equity, private debt and liquid markets, established to manage capital for the Queensland Government.

Focus Areas
Institutional investing, Alternative asset management, Infrastructure and real assets investing
Website
qic.com

Tracked deals

3

3 tracked deals across 2021-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

2 buyout · 1 growth capital

QIC Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for QIC. 1 2021 1 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • 3C Merges with Datalec Precision Installations to Form 3C Datalec
    October 14, 2026
    Buyer
    3C, Longbow Capital, S2G Investments, Apogem Capital, QIC
    Target
    Datalec Precision Installations
    Industry
    Engineering Services
    Location
    United Kingdom
    Type
    Buyout

    3C merged with Datalec Precision Installations to form 3C Datalec, a data-centre infrastructure platform combining liquid cooling, engineering, manufacturing, connectivity and facilities-management capabilities. The combined company is backed by new investment from Longbow Capital, S2G Investments, Apogem Capital and QIC to support international growth and expanded capabilities for AI data centres.

  • Barings and QIC Lead A$370M Equity Raise for Pacific Energy Group
    July 22, 2025
    Buyer
    Barings, Queensland Investment Corporation (QIC)
    Target
    Pacific Energy Group
    Industry
    Renewable Energy
    Location
    Western Australia, Australia
    Type
    Growth capital

    Barings and Queensland Investment Corporation (QIC) co-led an A$370 million equity raise for Pacific Energy Group (PEG), Australia's largest remote energy platform. The growth capital will fund PEG’s long-term investment plans, refinance the business, and support delivery of its renewable and hybrid energy project pipeline across Western Australia and the east coast. Campbell Lutyens acted as placement agent for the raising.

  • QIC and Ullico Acquire CenTrio (U.S. District Energy Platform)
    July 16, 2021
    Buyer
    QIC, Ullico
    Target
    CenTrio
    Industry
    Energy
    Location
    Louisiana, United States
    Type
    Buyout

    QIC and Ullico have completed the acquisition of CenTrio (formerly Enwave Energy US), the largest pure-play district energy platform in the United States. CenTrio is headquartered in New Orleans, operates district heating, cooling and power systems across major U.S. cities serving more than 400 buildings, and will leverage the new investors to accelerate geographic expansion and growth of its sustainable energy capabilities.

Related Acquisition Pages

Energy Buyers & Acquisitions 1 tracked deal by QIC. Engineering Services Buyers & Acquisitions 1 tracked deal by QIC. Renewable Energy Buyers & Acquisitions 1 tracked deal by QIC. Acquisitions in Louisiana 1 tracked deal by QIC.

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