Private Equity stories - Page 12

US company takes major stake in NZ's Debitsuccess
Wed, 11th Nov 2015
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debitsuccess
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tsg
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private equity
A US private equity firm has taken a major stake in Kiwi global payment solutions provider Transaction Services Group, which includes Debitsuccess.

Symantec sells off Veritas in US$8 billion deal
Wed, 12th Aug 2015
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symantec
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veritas
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gic
Symantec is selling the Veritas information management business for US$8 billion in cash to a group of investors lead by Carlyle Group.

Xero to double turnover to $200M this year, says CEO Rod Drury
Thu, 23rd Jul 2015
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fintech
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financial systems
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xero
New Zealand accounting software pioneer Xero expects to double global revenue to more than $200 million in the year to March 2016.

EXCLUSIVE: JB Hi-Fi Kiwi manager gone, no replacement planned
Fri, 10th Jul 2015
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jb hi-fi
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dick smith
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sales
JB Hi-Fi's NZ general manager has exited the company, but the retailer has reconfirmed its commitment to the market with $15+ million in investment.

Punakaiki first fund to do NZ equity crowdfunding; raises $660,000 on debut
Tue, 16th Jun 2015
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ipo
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snowball effect
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punakaiki fund
Tech investor Lance Wiggs' Punakaiki Fund has launched the first equity crowdfunding campaign for a private equity fund in New Zealand.

Pushpay to raise $13.8 million from shareholders
Thu, 23rd Apr 2015
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sales
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pushpay
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investment
NZ mobile payment app developer Pushpay Holdings aims to raise $13.8m from shareholders through discounted share offer.

Next Capital mulls possible IPO, trade sale for Vitaco
Tue, 14th Apr 2015
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vitaco
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next capital
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private equity
The private equity owners of Vitaco Health Group, the trans-Tasman health foods manufacturer, are mulling a possible initial public offering or trade.

Just Water agrees to sell Australian business for A$11 million to Waterlogic
Mon, 13th Apr 2015
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sales
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private equity
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acquisition
Just Water International, the water cooler and supplies business 79 percent owned by founder Tony Falkenstein, has agreed to sell its Australian busin.

MYOB IPO and ASX listing unlikely to weigh on Xero: ForBarr
Wed, 1st Apr 2015
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fintech
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financial systems
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xero
Arrival of MYOB Group, the Australian accounting software firm, on the Australian Stock Exchange is unlikely to weigh on the dual-listed rival Xero.

ComCom likely to approve Cavalier, NZ Wool Services to merge scouring operations
Thu, 26th Mar 2015
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commerce commission
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high court
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industrial
The Commerce Commission is likely to allow Cavalier Wool Holdings and New Zealand Wool Services International to merge their two wool scouring operati.

Dick Smith ‘transformation’ continues with restructure
Fri, 20th Mar 2015
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dick smith
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sales
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restructure
Dick Smith takes the axe to 80 roles in a bid to slash costs for a 'sustainable future'. Restructuring set for June completion.

Huljich loans Pushpay $4 million to fund US growth plans
Mon, 16th Mar 2015
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nzx
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pushpay
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mobile payment
Pushpay Holdings, the NZAX-listed mobile payment app developer, has secured a $4 million funding line from cornerstone shareholder the Huljich family.

Asaleo Care beats prospectus with 18% gain in full-year profit
Tue, 24th Feb 2015
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ipo
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asx
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asaleo care
Asaleo Care, the maker of household brands such as Libra, Sorbent, Purex and Treasures that debuted on the ASX last year, posted an 18 percent gain in.

Graham Shaw, Peter Huljich join Pushpay board
Tue, 13th Jan 2015
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fintech
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financial systems
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xero
Graham Shaw and Peter Huljich have joined Pushpay Holdings' board as part of the NZAX-listed mobile payment app developer's plan to graduate to the.

YEAR IN REVIEW: NZ economy rocks on as milk's star fades
Mon, 29th Dec 2014
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healthtech
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economy
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banking
2014 was a year of the rockstar economy where New Zealand was a top performer compared to other OECD countries with an annualised GDP growth rate o.

Private equity, pension fund take Riverbed ownership
Tue, 16th Dec 2014
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riverbed
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optimization
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thoma bravo
Riverbed seals a £3.6 billion deal with Thoma Bravo and Teachers' Private Capital, eyeing strategic growth and further innovation.

MRP to quit Chilean, German geothermal investments, sticks with US plant
Tue, 16th Dec 2014
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stock market
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private equity
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partners
MightyRiverPower, the first of the state-owned power companies to be partially privatised last year, will quit its geothermal investments in Chile.

Oceania aged-care business planning IPO, in talks with investors
Thu, 4th Dec 2014
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healthtech
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capital
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expenses
Oceania Healthcare is on track for an initial public offering in early 2015, but the Macquarie Group managed aged-care operator's chief executive,.

Channel boss appointed as Kaseya seeks ‘deeper’ engagement; more partners
Wed, 3rd Dec 2014
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virtualisation
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daas
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it automation
Kaseya appoints Kellie Hackney as head of channels in Asia Pacific to deepen partner engagement and revive focus in New Zealand.

Scales says full-year earnings may exceed prospectus, to pay 3 cent interim dividend
Mon, 24th Nov 2014
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supply chain & logistics
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shares
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fonterra
Scales Corp, the fruit and vegetable logistics company, will pay a 3 cent per share interim dividend and says annual earnings may beat guidance in.