There could be an artificial seabreeze of guava and lychee scents wafting through PE deal makers’ homes in coming weeks, as they road test products made by candles company ECOYA.
The flyer revealed ECOYA’s business footprint and financial forecasts and gave tyre kickers a few ideas about where it could be headed in coming years.
It looks like one for the growth/mid-market PE brigade, unless there’s a consumer goods company feeling positive about the world and with the funding for a chunky bolt-on acquisition.
Elsewhere in Street Talk, we take a look at fund manager TDM Growth Partners, which has done very well backing growth companies in the past two decades.
Street Talk’s spies have spotted some industry superannuation types pounding the pavement in downtown Adelaide, scouting for somewhere to park their plethora of cash.