While the amount wasn’t revealed, Anacacia indicated it stemmed from its $300 million Private Equity III LP fund.
It also has dabbled frequently in winning federal government tenders over the last 15 years, as listings on AusTender show Mwave has won a collective $2.4 million across 61 tenders.
Founded by Victor Lee in 2006, Mwave supplies consumers and businesses with computer hardware, ranging from fully built devices to individual components, as well as other peripheral devices and video gaming-related products.
It has a range of vendors under its belt, including Apple, Western Digital, MSI, AORUS, ASUS, Lexar, LG, Ubiquiti Networks, AMD, APC, HyperX, Philips, TP-Link, Brother, D-Link, Intel and Logitech, among…