HarbourVest Shares AVCAL Award with Archer Capital
3 December 2012
HarbourVest shared the award for the Australian Private Equity & Venture Capital Association Limited’s 2012 Best Management Buyout >$500 million in Australia with Archer Capital for its co-investment in MYOB Limited, which was sold to Bain Capital for over four times cost in September 2011. MYOB is an Australia-based management software solutions provider targeting small and medium enterprises (SME) and accounting firms. In October 2008, HarbourVest and Archer Capital launched a joint take-private offer for MYOB. The company was taken private in January 2009. We are very pleased to be recognized alongside lead investor Archer Capital.
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