Big boys coming to play in the space - from AFR today:
Macquarie Capital injects $150m into Liverpool Partners-owned IT services player Orro Group (copyright link)
Macquarie Capital has bought a small stake in private equity-owned IT services company Orro Group, backing the business as part of a $150 million-plus raising. The company was formed in 2019 when Sydney-based PE firms Liverpool Partners and Parc Capital teamed up with CustomTec founder Damian Higgins to create a business specifically designed to acquire other IT services companies.
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Ann: Half Yearly Report and Accounts, page-34
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