management insight

Catalyst invests in businesses with an enterprise value of between $A100 million and $A500 million. Investments are made across all industry sectors in Australia and New Zealand, with a focus on established businesses operating in mature industries.
The team’s investment philosophy is focussed on eight core principles:

1. High quality management;
2. Market leadership;
3. Consistent cash generation;
4. Organic growth potential;
5. Alignment of interest between managers and investors;
6. Control or significant influence stakes;
7. Prudent use of leverage; and
8. Active investment management.

The fund does not invest in early stage or start-up transactions and will generally not invest in transactions where property valuation risk, or the price of natural resources or other commodities, will be a major determinant of success.

• Early opportunity
identification
• Partnerships with proven
industry executives
• Industry analysis
• Deep expertise in
specific sectors
• Reputation as a
reliable counterparty
• Public to privates
• Roll-ups or ‘Buy-and-Builds’
• Distressed business sales
• Trade partnerships
• Management buy-ins
• Aligned management
incentives and partnership
• Management team
development
• Improved governance
• Organic growth opportunities
• Financial and
operational restructuring
• Follow-on and
transformational aquisitions
• IPO
• Trade sale
• Secondary buy-out
• Recapitalisations