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Winning Group Set for Sale to Private Equity Firm Ellerston Capital
Acquisition

Winning Group Set for Sale to Private Equity Firm Ellerston Capital

Inside Retail Australia
Inside Retail Australia
•February 19, 2026
Inside Retail Australia
Inside Retail Australia•Feb 19, 2026
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Participants

Ellerston Capital

Ellerston Capital

acquirer

Winning Group

Winning Group

target

Deal Summary

Australian retail conglomerate Winning Group is slated for sale to private equity firm Ellerston Capital, according to sources. The transaction marks a strategic move for Ellerston to expand its portfolio in the retail sector. Deal terms and valuation remain undisclosed.

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