Our Private Equity portfolio

Our current investment activities are focused on the provision of growth capital for services based companies based in Australia or New Zealand.

Learn more in our Private Equity thought leadership
Render-Product.jpg

Learn more about our portfolio

We partner with like-minded founders and management teams to accelerate growth and build capabilities for future success. We seek companies with resilient business models and a clear growth agenda, where our capital and expertise can make a positive impact on the company and provide attractive risk-adjusted returns to our investors.

About Render Networks Render Networks is a construction technology and enterprise ‘Software as a Service’ (SaaS) company that operates in the global telecommunications infrastructure market. 

The company’s proprietary geospatial construction management platform utilises automation and mathematical dependency algorithms to design, plan and track the construction of distributed networks.

Render’s digital end-to-end solution aims to deliver significant efficiencies and cost savings through automated streamlining of the construction process by replacing a number of traditionally manually driven tasks and processes.


IFM Investors and Render Networks
IFM Investors acquired a majority stake in Render Networks in 2022 and is actively supporting the company in its next phase of growth.

IFM is leveraging its existing networks to assist management in enhancing the platform, improving the customer value proposition, and building out systems and processes to enable the business to grow.

The company is well positioned to benefit from accelerating demand for data and digitisation of construction processes.

About PRP Diagnostic Imaging
PRP is a provider of diagnostic imaging services with a strategic network of large-format, comprehensive clinics located in growth catchments across NSW, Australia.

Incorporated in 2008, the business grew to employ a number of doctors and clinical staff focused on improving patient outcomes and quality of care.

Led by an experienced management team and radiologists, PRP is well known for its complex imaging expertise across CT, MRI, PET and Nuclear Medicine modalities.


IFM Investors and PRP Diagnostic Imaging
IFM Investors, along with UniSuper, acquired a majority stake in PRP in 2022 and is supporting the company on its next phase of growth.

IFM is actively engaged with the management team and doctor group on building and expanding clinic capacity, increasing technology utilisation, and investing in brand, referrer network and patient experience.

The company is well placed to service the growing and ageing Australian population and reduce the burden on the health care system through preventative treatment and early-stage diagnosis.

About Payapps
Payapps is a fast growing, global Software as a Service (SaaS) provider in the construction and building management sector, with operations in Australia, New Zealand, North America and Europe.

Payapps’ software promotes a transparent, accurate and timely progress claim and approval process to sub-contractors helping to support a fair work environment and greater regulatory compliance.

Payapps is certified carbon neutral by Climate Active and the take-up of its products supports significant paper savings from workflows in the construction sector globally.


IFM Investors and Payapps
IFM Investors made a significant minority investment in Payapps in 2020 to fund several identified growth initiatives.

IFM introduced Leigh Jasper, the former CEO and co-founder of Aconex, as a strategic co-investor and non-executive director.

The company is well-placed to take advantage of the substantial whitespace growth opportunity globally, driven by the move towards digital claims management solutions.

About My Plan Manager
Founded in 2015 in Adelaide, My Plan Manager is Australia’s largest provider of plan management services (payment administration and budget tracking) to NDIS participants.

The company has grown to be a market leader based on a distinct mission-based approach to deliver the best outcomes for clients.


IFM Investors and My Plan Manager
IFM Investors is actively engaged with the founder and management on:

  • Enhancing team capabilities

  • IT transformation

  • Growth strategy and execution.