BDO advises Straight Bat on investment into 1300TempFence

Straight Bat Private Equity, an income oriented private equity fund, has partnered with 1300TempFence, Australia’s leading temporary fencing and site hire company.

The investment sees Straight Bat become a 50/50 partner with 1300TempFence founders Martin and Bruce Fouracre.

Martin and Bruce will continue in their current active roles in the business, supported by the existing management team.

1300TempFence manages the largest hire fleet of temporary fencing across Australia and New Zealand, serving civil, government, infrastructure, industrial, commercial, residential, and event sectors. The transaction marks Straight Bat’s largest single investment to date.

The BDO team, led by Deal Advisory Partner, Greg Ellis, and Tax Partner, James Momsen, was engaged by Straight Bat Private Equity to provide financial and tax due diligence and advice on the transaction.