Quadrant, Ironbridge Launch Furniture Retail JV

Law360, New York (August 15, 2012, 8:26 PM EDT) -- Quadrant Private Equity Pty Ltd. has teamed up with fellow Australian firm Ironbridge Capital to form a joint venture made up of furniture and outdoor accessory stores, in which Quadrant will take the lead, the companies announced Wednesday.

The deal gives Quadrant a 60 percent stake in the new entity that will encompass retail chains Super A-Mart and Barbeques Galore Pty Ltd. About $250 million in new debt facilities were raised from seven existing and new lenders as part of the deal to help spur new...
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