# Allegro Funds agrees terms to invest in Questas Group

Private equity firm Allegro Funds has agreed terms to take a stake in Questas Group, an Australian provider of hydraulic, irrigation, pump and engine solutions.

- Type: Acquisition
- Announced: 2019-06-18
- Where: Australia
- Status: announced
- Products: hydraulic solutions, irrigation solutions, pump solutions, engine solutions
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Allegro Funds](https://endata.com/companies/5165.md) (investor)
- [Questas Group](https://endata.com/companies/5166.md) (target)

## Sources

- [afr.com](https://www.afr.com/street-talk/allegro-funds-pumps-capital-into-hydraulics-bigwig-questas-group-20190618-p51yq8), 2019-06-18: "Allegro has agreed terms to invest in Questas Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.