A track record of success

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We have minimal restraints in how we invest and partner

We love what we do. We are passionate about building businesses with the best operators in the country. The leadership teams and founders with whom we partner are more than just business acquaintances. Their mission becomes our mission, their problems, our problems and their wins are our wins.

Current Portfolio


From humble beginnings as a start-up in 2013, efex is now a 250+ strong team of people spread across regional and metropolitan Australia, helping businesses of all shapes and sizes with their technology needs.

Mosaic Brands

Mosaic Brands Ltd (formerly Noni B Limited) has grown to be the largest specialty fashion retailer group in Australia. Brands include Millers, Rockmans, Noni B, Rivers, Katies, Autograph, W. Lane, Crossroads and Beme. Its brands span the country with circa 1,000 stores nationally. The group’s collective purpose is to help customers express their love of life – by embracing the truth that every occasion is a special occasion worth feeling fabulous for.

Marlin Brands

Marlin Brands owns and manages market-leading businesses in the living, gifting, and convenience sectors. The group designs, procures, and distributes a broad range of innovative home, office, and outdoor brands that are loved by consumers throughout Australia and around the world. Its vertically integrated platform enables it to maintain a strong market position, and operational expertise provides an unparalleled reach into the Australian and New Zealand markets across both major and independent retail customers.

Orange Hire

Orange Hire is a privately owned business offering an unsurpassed service for hire, hire-to-buy and used sales for the construction industry. The company backs its equipment and service with delivery and price guarantees. Orange Hire specialises in working with construction industry professionals across NSW, QLD and VIC. Its customers trust Orange Hire to deliver the best advice, an excellent range, good value and absolute safety.

c2o group

c2o group is a global engineering consultancy headquartered in Houston, US and Sydney, Australia. Serving clients in the oil, gas, petrochemical, infrastructure and mining sectors, c2o connects all necessary components of the engineering services package entirely in-house. It provides engineering support specialisms across the following 5 core service lines: industrial, mechanical, training, electrical & instrumentation and equipment hire.

SMS Healthcare

SMS Healthcare is a private healthcare provider focusing on facilitating and streamlining patient care through multidisciplinary teams, short-stay hospitals and integration of healthcare services. The company has a national footprint and comprises primary care, diagnostic care, specialist care, day surgery and short-stay hospitals across multiple healthcare disciplines.

Cheap as Chips

100% Australian owned and operated, Cheap as Chips started in 1985 with a store in Morphett Vale, South Australia and has since grown into a company with 50+ stores, creating local jobs in regional and metropolitan SA, VIC, NSW & QLD. The buying team source fantastic quality products locally and from across the world at great prices to deliver a feel-good shopping experience. Cheap as Chips carries a depth and range of merchandise that far exceeds competitors and contains items aren't found anywhere else.

Nido Early School

Nido (Italian for nest) Education Limited (Nido) is the Australian owner, operator and manager of early childhood education and care services, operating under the Nido Early School brand. Managed by passionate, experienced childcare operators, Nido Early Schools provide exceptional education and care for children from six weeks old to school age, following an educational approach inspired by the Reggio Emilia philosophy.

Selected Exited Portfolio


Portfolio companies successfully exited
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Case studies

It's the collaborative journeys we embark on with our portfolio companies which demonstrates how we harness expertise, capital and determination. Each company is selected, funded and nurtured on its own strengths and needs.

More case studies


Eptec is an engineering / asset preservation business. Alceon partnered with the management team to acquire the business from the family and sell it to Next Capital/ Silverfern.

C2O Group

c2o Group is an industrials company. Alceon financed an experienced management team to acquire two platform businesses to form a global major projects contractor.

Think Childcare / Nido

Think Childcare and NIDO specialise in early education. Alceon partnered with NIDO to roll-out 100 greenfield childcare development sites and as a capital and strategic partner to fund the incubation of 50+ childcare centres.