Next Capital and Quadrant Private Equity, two of the country’s oldest buyout firms, are poised to rule off a deal at TMX Transform that would value the global supply chain consultancy as much as $400 million.
Under the transaction, known as a club deal, Next has agreed to sell a 45 per cent stake in the business to Quadrant Strategic Equity, a $600 million vehicle which reached final close in 2023. Next Capital had appointed investment bank MA Moelis earlier this year to find a buyer for TMX .
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