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Ex Wall Street banker’s private equity firm sails off with boating biz

The Australian Financial Review (AFR) •
November 04, 2026 • 02:02 AM
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The latest acquisition builds on 2nd Summit Capital buying the country’s largest manufacturer of automotive exhaust systems and component MPI Automotive.

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Former Wall Street dealmaker Jonathan Cutting’s new private equity shop, 2nd Summit Capital, is making early waves – reeling in boat trailer manufacturing business Dunbier and Mackay, its second deal since launching.

Jonathan Cutting, founder of 2nd Summit Capital.

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