Private Equity
Private equity firm Adamantem Capital has acquired an ASX-listed engineering company. : Adamantem Capital has announced the acquisition of 100% of shares in Legend Corporation by way of a Scheme of Arrangement. The proposed acquisition is Adamantem's second public-to-private transaction and will be the fund's sixth investment in its portfolio since launching in 2017. "Legend is an ASX-listed designer, manufacturer and distributor of products and accessories to trade specialists across a diversified range of end markets, including electrical, power, rail, mining and telecommunications end markets," Adamantem said.