Arowana International

Arowana is an operator of small to medium-sized enterprises and a specialist asset manager founded by Kevin Chin in 2007. Arowana has 2 divisions, Operating Companies and Asset Management. Arowana has been listed on Australian Securities Exchange(ASX) and is traded under the code "AWN".
Operating Companies.
VivoPower International PLC.
Arowana International established VivoPower, a solar power focussed company in 2014 and in 2016 it listed VivoPower on the NASDAQ.
EdventureCo.
In 2017, Arowana purchased Dimension Data Learning Solutions (DDLS) an IT training business from the Australian College of Training and Employment (ACTE) Group for a sum of $4.7 million and established EdventureCo which encompasses DDLS and Everthought Education, a building and construction training business.
Thermoscan.
Thermoscan provides thermal imaging and condition monitoring services through a form on non-destructive material testing and assessment.
In May 2019, Arowana sold Thermoscan to ARA Group for $6M, delivering a multiple on invested capital of 3.8x and an IRR of 29%. ARA is one of Australia's largest building and facility management services firms with annual turnover of $479M.