Partnerships,
not transactions.
A growing portfolio of high growth small and medium businesses. Each partnership is focused on building long-term value alongside the team.
FVS Services Group
Richard Jay Group
Northpharm
ASF Audits
The Energy Network
Aged Care Decisions
Nutra Naturals
Aura Medical Group
Shorthand
Birch & Waite
Active Adventures
Nomad Breads
FVS Services Group
Richard Jay Group
Northpharm
ASF Audits
The Energy Network
Aged Care Decisions
Nutra Naturals
Aura Medical Group
Shorthand
Birch & Waite
Active Adventures
Nomad Breads
FVS Services Group
Richard Jay Group
Northpharm
ASF Audits
The Energy Network
Aged Care Decisions
Nutra Naturals
Aura Medical Group
Shorthand
Birch & Waite
Active Adventures
Nomad BreadsCurrent investments.
Twelve businesses across health, technology, food and beverage, industrials, and infrastructure services. Ordered by the date we invested, most recent first.












Realised investments.
What happened, and what we did. Ordered by the date we first invested, most recent first.

Coverage grew from one hundred to four hundred and thirty shopping centres, with exclusive media assets and proprietary data no competitor could easily replicate. Sold to Woolworths.
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Fortitude partnered with chief executive Paul O’Brien to continue the legacy built by the founders. The investment was partially realised in 2024, with Quadrant Private Equity brought on as a partner. Fortitude remains a minority shareholder.
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Market share in the core private hospital market grew from thirty-five to forty-three per cent, with expansion into IVF, day surgery and hospital in the home, and robotic dispensing installed in four major pharmacies. Sold to EBOS.
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A management buy-in to accelerate growth and launch a transactional service alongside the classifieds model. Sold to Carsales.
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Grew from six clinics to thirty-five and from thirty GPs to more than two hundred, through a dedicated acquisition team, a professional management team and a clinical advisory framework. Sold to Livingbridge.
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A buy and build across South East Queensland and northern New South Wales, with twelve acquisitions, a new purpose-built warehouse and a strengthened finance function. Sold to Superior Food Group.
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A buy and build in a fragmented sector, backed by developers recognised as Microsoft Partner of the Year, with a chief financial officer and second tier management installed. Sold to Telstra.
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A portfolio of pubs held through changing gaming regulation and the pandemic, with excess land realised, venues upgraded and freehold acquired at two leasehold sites. Sold to a mix of buyers.
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A buy-and-build of early learning centres which grew to a national portfolio of thirty-two centres. Sold to Busy Bees.
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A founder partnership deal to pursue M&A led growth. The business was heavily impacted by the COVID-19 pandemic. Sold to Teleresult.
Read the case study →Thinking about a partner for the next chapter?
Whether you are seeking additional capital, assistance with leadership succession, governance or acquisitions, or preparedness for an eventual exit, if we may be a fit for your business we would love to have a conversation.