Hamilton Locke Advises MA Financial Group on Tech Investments

Hamilton Locke is delighted to have acted for funds associated with MA Financial Group (formerly Moelis Australia) on a series of recent investments into fast-growing technology businesses.

Since 2015 the MA Financial Group Growth Capital Funds have made investments in over 20 businesses, with investments ranging from A$1m up to A$30m and a flexible founder-first investment philosophy. The firm specialises in asset management, lending, corporate advisory and equities.

The recent investments were made in the following companies: 

  • HowToo, a learning software tool leveraging the power of artificial intelligence
  • Cloudwave, a cloud-based SaaS business that helps contact centres deliver a better customer experience through a single pane of glass
  • DGtek, a broadband and telecommunications provider which is one of Australia’s fastest growing fibre operators
  • Demyst, a software business helping large enterprises better leverage data in their workflows
  • Quantum Brilliance, a quantum computing business that develops room temperature diamond quantum computing technology.

MA Financial Investment Director, Will Botha, commented: “We are excited to share our experience in scaling businesses and to continue our support of Australian innovation, particularly through the Significant Investment Visa (SIV) program. As business founders ourselves, growing our asset management business to A$6 billion of assets under management, it’s always a pleasure to work with such amazing founders and to be supported by the great team at Hamilton Locke”.

Commenting on these investments, partner Brent Delaney said: “We are pleased to have assisted Jaron Yuen, Will Botha and the rest of the investment team at MA Financial on these investments in high-quality, fast-growing technology businesses. We are confident these businesses will benefit significantly from having access to MA Financial’s expertise as they look to scale”.

The Hamilton Locke team for these deals was led by partner Brent Delaney and senior associate Joshua Bell, and supported by lawyer Stephen Vrettos.