Providing access to Australian unlisted industrial companies that have a clear pathway to IPO or trade sale, in order to achieve returns minimally correlated to the listed market.

We believe these companies offer superior growth prospects and provide investors with the opportunity to create value during the preparation phase.

Strategy Overview

The Ellerston Industrial Growth Platform provides access for eligible Wholesale investors to invest in unlisted Australian businesses, with a focus on those operating in the industrials sector. Investment Opportunities will primarily be focused on Australian individual private equity transactions (with some global allocations made opportunistically), with an investment value reflecting the economics of each investment opportunity.

We believe that selecting the best private market opportunities requires patience in order to identify businesses with a strong operational framework that can drive a growth strategy. These businesses typically possess a combination of the following attributes:

  • organic growth;
  • operational efficiency;
  • top quality management teams;
  • potential for further growth through acquisition;
  • optimal capital structures; and
  • identifiable exit options.

Portfolio Companies

Established in 2001, ARA Group is an industrial services business successfully operating in:

–          electrical manufacturing & contracting;
–          manufacturing of security systems & products;
–          installation & service of fire & security systems; and
–          building maintenance, repair & cleaning services.

ARA Group is a highly profitable and growing business that produces strong free cash flows, resilient recurring revenue with a strong competitive position.

Established in 2002, NOJA is an Australian based global enterprise that has revolutionised electrical distribution network protection and control.

NOJA is globally positioned as the market leader in medium voltage pole mounted switch gear, leveraging its innovative product suite to provide control systems and protection systems in an environmentally friendly approach with applications across a broad spectrum of geographic and technical requirements to the electricity distribution market.

Broad product suite comprising medium voltage reclosers, circuit breakers, control systems, and protection systems.

EcoJoule Energy is an Australian energy technology business that designs and manufactures proprietary low voltage, grid-edge devices for electricity distribution networks.

Its core products include EcoVAR, a unit that actively manages voltage levels across the low voltage network, and EcoSTORE, a battery energy storage system that stores and dispatches energy at the grid edge. The business has a strong and expanding customer base, and its proprietary technology has achieved recognition across multiple international markets.

EcoJoule is well-positioned in a structurally growing market, with regulatory bodies formally identifying the need for significant investment in distribution-level voltage management.

SEE Group is an integrated civil construction, engineering and mining services business operating across infrastructure, resources and property sectors.

The business is growing with a strong and recurring customer base, supported by long-standing relationships with major government and institutional clients. SEE Group is well-positioned across attractive end markets, with active project delivery spanning urban development, road infrastructure and mining operations.

SEE Group’s integrated operating model, combining civil delivery, mining services, fleet ownership and materials supply, provides a differentiated capability set and a competitive advantage in pursuing and executing complex, large-scale contracts.

Established in 2014, Attvest is a specialised finance business, funding insurance premiums for SME and Corporate borrowers.

Attvest sells exclusively through the large insurance brokers service, providing a term finance option rather than upfront payment of insurance premiums. It is majority founder owned and is unaligned to any broker channels, insurance companies or banks.

Attvest Finance has enjoyed tremendous growth over the past few years, driven by strong secular tailwinds such as an increased use of premium funding and a hardening insurance market.

Ellerston Industrial Growth – Portfolio Companies

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Note: the strategy is available to Wholesale & Sophisticated investors only.

Ellerston Industrial Growth Fund