Sydney, Australia – Nexon today announces the finalisation of its strategic partnership with Adamantem Capital, marking a significant milestone in strengthening Nexon’s ability to deliver advanced technology solutions and services to its customers and partners.
This partnership demonstrates Nexon’s commitment to empowering Australian emerging enterprises and government organisations with integrated digital and IT services that drive resilience, innovation, and growth.
Why This Transition Matters
EQT has successfully divested its investment in Nexon, as originally planned when the partnership commenced in 2019. This strategic exit reflects EQT’s disciplined approach to value creation and its confidence in Nexon’s strong trajectory. Adamantem Capital now steps in as a long-term partner, bringing financial backing and strategic alignment to accelerate Nexon’s next phase of growth.
What This Partnership Unlocks
- Accelerated Innovation: Greater resources to invest in emerging technologies and tailored solutions for mid-market, enterprise and government agencies.
- Expanded Capabilities: Financial backing to broaden Nexon’s service footprint and coverage across Australia.
- Long-Term Stability: A strong foundation for growth, ensuring Nexon remains a trusted partner for years to come.
Operational Continuity
Nexon’s executive leadership team and day-to-day operations remain unchanged. This partnership is focused on financial strength and strategic enablement, ensuring continuity of service while positioning Nexon for future transformation.
“Nexon’s partnership with Adamantem Capital represents a deliberate step forward in our growth journey,” said Barry Assaf, Chief Executive Officer of Nexon Asia Pacific. “With Adamantem’s backing, we have the scale and capability to accelerate innovation and deliver even greater value to our customers and partners. Our focus remains on stability, trust, and creating opportunities that help organisations thrive in a rapidly evolving market.”
Adamantem Managing Director Katie Wood said: “Having invested successfully in IT services businesses, we see a great opportunity for Nexon to grow organically and inorganically in Australia and New Zealand. We look forward to working with Nexon’s co-founder and CEO Barry Assaf and his team to accelerate that next phase of growth together.”
About Nexon
Nexon Asia Pacific (Nexon) is an award-winning integrated digital and IT services partner for mid-market, enterprise, and government organisations across Australia. We have a uniquely broad suite of solutions to service clients who require end-to-end capabilities coupled with specialist expertise in security, cloud, and digital solutions.
Our end-to-end solutions help clients solve problems, address frictions, and accelerate growth. Committed to the highest standards of responsiveness, competency, and transparency, Nexon is built on a unique client care model that is fuelled by continuous feedback. With 550+ staff, we employ some of the country’s most experienced consultants and empower teams to make decisions that accelerate change for client organisations.
As a certified and accredited local and state government provider, CREST, and ISO-certified, Nexon partners with world-class technology vendors to deliver innovative solutions and service excellence.
We help our clients move from a position of overwhelm to empowerment, looking forward to a more agile and digital future.
About Adamantem Capital
Founded in 2016, Adamantem Capital is an established Australian based private capital firm, managing over $2bn on behalf of global institutions and family offices. The team leverages its networks and expertise to source unique investment opportunities and serve as a catalyst for transformation to build more sustainable and valuable businesses across Australia and New Zealand. Adamantem’s investment platform includes a buyout strategy focused on established mid-market businesses with clear potential to transform, and an environmental opportunities strategy targeting high-growth businesses driving the transition to a net-zero economy.
