The pair have plenty of experience with big businesses like MYOB (formerly run by Potentia MD Tim Reed) and Singaporean insurer Aviva Singlife.
Ultimately, it was the price that scored them an exclusive look at the books, with the PE players and minority equity investor Aware Super offering up a $10.35-a-share bid at a 31.7 per cent premium to the last close.
Private equity groups TPG and Potentia have pitched their combined expertise in digital transformation and human resources and accounting software to help get in the door at Australian novated leasing firm Smartgroup.
All indications point to The Brag Media being a likely bidder for Junkee, while Val Morgan Digital, Here There and Everywhere and more have all done due diligence.