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“I wanted to get the ‘right’ partner for a roll-up scenario and I knew Yorkway Partners would deliver the ‘necessary smart capital’ we truly needed. The ICON of today has grown exponentially into a large diversified business.”
Icon Cancer Care - 2014
Icon Cancer Care provides medical oncology services through a network of 30 Cancer Centres across Australia.
Yorkway originated and structured the transaction and acquired a strategic shareholding alongside Quadrant Private Equity.
Yorkway exited this investment in 2017, delivering a gross IRR and MoM of 57% and 3.3x respectively.