2nd Summit Capital is an Australian private equity firm recently founded by ex-Wall Street dealmaker, Jonathan Cutting (a former vice president at Platinum Equity, a California-headquartered private equity firm).
2nd Summit Capital’s investment in MPI Automotive marks a significant milestone for the firm as its inaugural investment in Australia.
MPI Automotive is Australia’s largest manufacturer of automotive exhaust systems and components. Founded by the Draffin family in 1974, the MPI group operates from four facilities nationally.
The Becketts team advising 2nd Summit Capital was led by Partner Robert Feiner, who was supported by Partner Caroline van Grieken, Senior Associates Emilie van Baalen and Joanna Choong, Associate Louise Mendes and Lawyer Whitney Gerrans.