Five Australian businesses. One balance sheet. No exit clock.
Altrex buys Australian businesses in property, infrastructure and industrial services, and keeps them. Average holding period so far: seventeen years.
Development and asset management. 41 assets, $2.4b under management.
Civil and utilities delivery. Panel contractor in three states.
The marketplace where Australia trades industrial equipment. 190k listings.
Essential services across 900+ sites, from hospitals to depots.
Balance-sheet investment into founder-led Australian companies.
No fund life, no forced sale, no five-year story. Decisions get made on a twenty-year horizon because that is the horizon we are on.
Our businesses keep their brand, their leadership and their P&L. Head office is nineteen people, and that is deliberate.
We have funded through three downturns without a rights issue. Boring balance sheets buy good assets cheaply.
“We are not trying to be the biggest group in the country. We are trying to still be here in 2070.”