Propel Investments is an independent private equity firm based in Australia that focuses on mid-market acquisition opportunities. The firm was formerly known as DB Capital Partners, Australia and New Zealand, and was Deutsche Bank's direct private equity business in Australia and New Zealand. In August 2007, it operated independently from Deutsche Bank.Since 2012, Propel Investments embarked on a focused strategy of investment in the death care industry through the formation of Propel Funeral Partners. Through Propel Funeral Partners, Propel acquires assets within the death care industry in Australia and New Zealand such as private funeral home operators, cemeteries and crematoria and, funeral related properties and infrastructure.
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