TIP – Teaminvest Private Group
Teaminvest Private Pty Limited (TIP) was founded as a private equity firm in 2012 by Teaminvest Pty Limited (Teaminvest). Teaminvest is a private membership organisation for investors seeking to educate themselves to manage their own wealth rather than engaging external advisers to do it for them. Teaminvest’s members are predominantly high and ultra-high net worth individuals with significant business expertise. TIP was founded as the private equity arm of Teaminvest.
TIP and its members have invested in a number of private Australian businesses (each a Portfolio Company). TIP identifies suitable Portfolio Companies for investment and raises capital from its members to invest in those businesses. Since 2012, TIP’s members have invested $39m of capital and provided 51 directors to help Australian small and medium-sized enterprises (SMEs) grow.
On Listing, the Group will comprise:
100% of TIP;
100% of six Portfolio Companies:
- DecoGlaze;
- Graham Lusty Trailers;
- Icon Metal;
- Coastal Energy;
- East Coast Traffic Control;and
- Kitome; and
Interests in two Portfolio Companies:
- 33.3% of Colour Capital; and
- 30% of Multimedia Technology.
It is anticipated that TIP will list on the ASX during April 2019.
