Next Capital

Next Capital is a leading independent Australian private equity firm, specialising in providing buy-out funding for small to medium growth businesses, typically valued between A$50 million and A$200 million. The Next Capital team has a strong operational focus, based on cultivating successful partnerships with investee company founders and management over many years. We focus on expansion capital and small to mid-market buyouts in Australia and New Zealand, and seek to back investee companies for the medium to long term, rather than seek unsustainable short-term rewards. We will typically take an equity position in a business that can generate value over three to five years, but are prepared to hold investments for up to 10 years if appropriate. We do not seek to aggressively use debt. In our experience, growth businesses require headroom to expand and the flexibility to take advantage of opportunities as they arise, unencumbered by unsustainable levels of gearing.