Mainsheet Capital successfully advises Aurecon on its acquisition of Quartile One
Mainsheet Capital was Aurecon’s corporate advisor and led the acquisition search and transaction process
Aurecon is a leading engineering, management, planning, project management and consulting company operating across Australia, NZ, Asia & Africa
Quartile One provides advice to mining companies about how to make best use of their capital equipment using sensors that deliver real-time information, and guidance on how to best manage & optimise its capital equipment over the long term
Mainsheet worked closely with the Aurecon’s senior management team to translate its decision analytics and asset performance led growth strategy into a business model profile and target search criteria
Mainsheet then engaged broadly across Australia, NZ & Asia with industrial data analytics, decision support and asset performance companies to understand their capabilities, growth aspirations and their alignment and potential interest with Aurecon’s strategy
Mainsheet assessed over 40 companies and held discussions with 8 of these
Quartile One demonstrated that its asset performance database, data management capability and ability to translate asset performance into financial outcomes would enhance Aurecon’s existing asset management offerings