Financial Review: Alceon PE signs on dotted line for Boss Engineering; Citi in for debt

Australian Financial Review
2 November 2025
Sarah Thompson, Kanika Sood & Emma Rapaport

Alceon Private Equity has acquired 50% of automated farming equipment maker Boss Engineering in a deal valuing the business at about $170 million, marking the firm’s largest investment to date. The founder‑led company, known for its advanced robotics, in‑house manufacturing and market‑leading seeding and planting technology, aligns strongly with Alceon’s strategy of backing operationally excellent mid‑market businesses. With support from Alceon, Boss will continue scaling its automation‑driven offering, guided by a strengthened board chaired by private equity veteran Ben Sebel.