Who is Arcadia Capital?
Arcadia Capital is a private equity firm based in Australia.

Arcadia Capital
- Type
- private equity firm
- Headquarters
- Sydney, Australia
- Website
- arcadiacapital.com.au
How they work
Arcadia Capital is a Sydney private equity firm focused on established growth companies in Australia and New Zealand. Founders Leigh Oliver and Sam Walker previously worked together at The Carlyle Group. The firm combines capital with management support and has invested in equipment hire and aviation training.
Arcadia first seeks to understand the business, its management team and shareholders’ objectives. It tailors capital from diverse sources to support growth or succession, then draws on its executive network and operating experience. Its published approach stresses established earnings, capable management and long-term growth rather than a fixed transaction timetable.
- Capital model
- Diverse sources of capital tailored to the requirements of each business.
- Founder ownership
- Can provide liquidity when one or more shareholders want to sell while remaining shareholders and management continue growing the company.
- Geography
- Australia and New Zealand.
- Ownership
- Partnerships with established management teams, growth capital and shareholder succession solutions.
- Sector focus
- Industry agnostic; generally excludes direct real estate, primary production and mining exploration. Disclosed investments span equipment hire and aviation training.
Their portfolio
Showing 1 of 1 known holdings — coverage is still partial.
- Ansett Aviation TrainingSectorEducationWhat they doAnsett Aviation Training provides aircraft flight-simulator training, simulator housing and maintenance services. An investor consortium including Arcadia Capital acquired and recapitalised the business in 2022.
Exited holdings
Confirmed former portfolio companies, shown separately from current holdings.
- Orange HireSectorConstruction & infrastructureWhat they doOrange Hire rents earthmoving equipment, barriers and related site equipment to construction and infrastructure customers. Arcadia invested in 2020; United Rentals acquired the business in June 2024. (exited)
Sources
- arcadiacapital.com.au · portfolio page
- arcadiacapital.com.au · website
- arcadiacapital.com.au · research
- arcadiacapital.com.au · research
- 333capital.com · research
- greenstonepartners.com.au · research