Who is Straight Bat Private Equity?
Straight Bat Private Equity is a private equity firm based in Australia.

Straight Bat Private Equity
- Type
- private equity firm
- Headquarters
- Melbourne, Australia
- Website
- straightbat.com.au
How they work
Straight Bat Private Equity is an Australian investment firm backing established, profitable medium-sized businesses. It favours long-term partnerships with business owners, regular investment income and sustainable capital growth rather than a fixed exit timetable.
Straight Bat works with owners on a long-term investment partnership. It is flexible about minority, equal or majority ownership and supports strategy and operations while owners continue to run their businesses.
- Capital model
- Income-oriented private equity capital backed by private investors and family offices.
- Geography
- Australian businesses.
- Hold period
- Indefinite investment horizon, with no fixed exit timetable.
- Majority or minority
- Prefers equal partnerships but is flexible about minority or majority shareholding.
- Ownership
- Partnership with existing business owners, offering strategic and operational support while retaining their role in running the business.
- Sector focus
- Diversified established businesses, with published holdings across process engineering, construction services, dairy ingredients, manufacturing, legal services and signage.
- Target EBITDA
- $5 million to $50 million; EBITDA margins above 20%.
- Target revenue
- $10 million to $250 million.
Their portfolio
Showing 9 of 9 known holdings — coverage is still partial.
- SectorConstruction & infrastructureWhat they do1300TempFence hires temporary fencing, hoarding and site equipment to construction, infrastructure and event customers. Its branch network covers Australia and New Zealand, supplying products including barriers, cameras and portable toilets.
- SectorIndustrials & manufacturingWhat they doA1 Rubber upcycles Australian waste tyre rubber into flooring and surfacing products. Its locally manufactured range serves gyms, playgrounds, sports facilities, commercial spaces and public areas.
- SectorProfessional & business servicesWhat they doFleetmark designs, manufactures and installs branding and signage for vehicle fleets, commercial sites and digital displays. Its work includes fleet graphics, PVC fabrication, wide-format print and digital signage.
- SectorIndustrials & manufacturingWhat they doHPS Technologies designs and delivers hygienic process engineering systems for dairy, food and beverage manufacturers. Its work spans protein extraction technology, feasibility studies, fabrication, construction and commissioning.
- SectorConsumer & retailWhat they doProviCo processes Australian milk into specialised proteins, milk powders and functional ingredients for the global health food sector. It operates a milk processing and protein fractionation facility at Dennington in Victoria.
- SectorConstruction & infrastructureWhat they doRed Smoke Alarms supplies smoke alarm products for electricians and homeowners. Its range includes hard-wired and interconnected alarms, with local Australian customer support and warranty servicing.
- SectorConstruction & infrastructureWhat they doRPM Hire supplies traffic management equipment for road projects, construction works and public events across Australia. Its hire fleet includes road safety barriers and other equipment supporting temporary traffic control.
- SectorConstruction & infrastructureWhat they doToner Group provides plumbing, drainage and electrical trade services across Victoria. Its teams work on commercial, civil and residential construction projects and accredited sewer and water infrastructure works.
- SectorProfessional & business servicesWhat they doWotton Kearney is an Asia Pacific legal services business focused on insurance and risk. Its work covers disputes, liability, regulatory issues and specialist legal advice across its regional offices.
Sources
- straightbat.com.au · website
- straightbat.com.au · research
- straightbat.com.au · research