Online auction house Grays.com is unlikely to be part of Quadrant’s highlights reel when its dealmakers are sweet-talking investors for the next fundraising. But, after several attempts at an exit and six years on from buying a controlling stake, the private equity firm has finally found the business a new home.
On Thursday night, family-owned Slattery Auctions agreed terms to acquire Grays.com for a nominal amount, according to people involved in the deal, who agreed to speak under the condition of anonymity. KordaMentha’s 333 Capital advised Quadrant.
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