Who is Salter Brothers?
Salter Brothers is a private equity firm based in Australia.

Salter Brothers
- Type
- private equity firm
- Headquarters
- Australia
- Website
- salterbrothers.com.au
How they work
Salter Brothers is an Australian alternative investment manager with property, credit and equity strategies. Its private equity activities provide expansion capital to established Australian businesses, while its technology funds back growth businesses in Australia and New Zealand. Its investment approach includes due diligence, investment committee review and active work with management.
Salter Brothers reviews investments through due diligence and an investment committee. Its private equity team takes significant stakes and works with management on growth, while the Tech Fund uses board representation and sector advisers to support strategy and execution.
- Capital
- Tech Fund targets A$50 million; this is a fund target, not group AUM or acquisition cheque size.
- Founder ownership
- Private Equity Fund targets privately owned businesses and works alongside management.
- Target EBITDA
- Private Equity Fund: EBITDA up to A$15 million, with growing earnings and operating cash flow.
- Geography
- Private Equity Fund: Australian incorporated private companies. Tech Fund: Australia and New Zealand.
- Hold period
- Private Equity Fund seeks an exit plan of five to seven years.
- Ownership
- Partners with management; technology investments include board representation and strategic guidance.
- Enterprise value
- Private Equity Fund: maximum enterprise value A$100 million.
- Target revenue
- Private Equity Fund requires growing revenue; no numeric revenue threshold is stated.
- Sector focus
- Private equity growth businesses; technology funds focus on fintech, proptech, enterprise software, medical and sports technology, and telecommunications.
- Majority or minority
- Private Equity Fund seeks a significant stake, not necessarily control.
- Capital model
- Dedicated funds; Private Equity Fund uses equity and convertible equity, and Tech Fund is a wholesale managed investment unit trust.
Their portfolio
Showing 7 of 7 known holdings — coverage is still partial.
- SectorMedia & telecomWhat they doBuroserv supplies telecommunications and cloud services to small and medium businesses, including voice, mobile, data, broadband and phone systems.
- SectorReal-estate servicesWhat they doDisplaySweet supplies digital property sales presentation software for real-estate developers and agents.
- EngageRMSectorConsumer & retailWhat they doEngageRM provides customer relationship management software for sports and entertainment organisations, including clubs, venues and promoters.
- SectorConstruction & infrastructureWhat they doPelicanCorp provides software that helps utilities and infrastructure owners protect underground assets and coordinate before-you-dig services.
- ProspaSectorFinancial servicesWhat they doProspa provides online business loans, lines of credit and payment services for Australian small businesses.
- SkyMeshSectorMedia & telecomWhat they doSkyMesh provides satellite and fixed wireless broadband services to regional and rural Australian customers.
- SectorFinancial servicesWhat they doSphere provides financial technology integrations that let banks offer rewards, payment and related services through their existing systems.
Exited holdings
Confirmed former portfolio companies, shown separately from current holdings.
- SectorFinancial servicesWhat they doIPSI provides a payments platform; Salter Brothers reported the complete sale of its investment to Commonwealth Bank in August 2026. (exited)
- MarketboomerSectorConsumer & retailWhat they doMarketboomer provides cloud procurement software that connects hotels with suppliers and manages purchasing, inventory and invoicing. (exited)
Sources
- salterbrothers.com.au · website
- salterbrothers.com.au · research
- salterbrothers.com.au · research
- salterbrothers.com.au · research
- salterbrothers.com.au · research
- salterbrothers.com.au · research