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Private Equity Stories - Page 29

Kiwi Stories

Private Equity stories

EXCLUSIVE: JB Hi-Fi Kiwi manager gone, no replacement planned
JB Hi-Fi

EXCLUSIVE: JB Hi-Fi Kiwi manager gone, no replacement planned

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.

By Heather Wright • 4 min read • Fri, 10th Jul 2015
Punakaiki first fund to do NZ equity crowdfunding; raises $660,000 on debut
Initial Public Offering

Punakaiki first fund to do NZ equity crowdfunding; raises $660,000 on debut

Tech investor Lance Wiggs' Punakaiki Fund has launched the first equity crowdfunding campaign for a private equity fund in New Zealand.

By Pattrick Smellie • 3 min read • Tue, 16th Jun 2015
Pushpay to raise $13.8 million from shareholders
Payment Technologies

Pushpay to raise $13.8 million from shareholders

NZ mobile payment app developer Pushpay Holdings aims to raise $13.8m from shareholders through discounted share offer.

By Pattrick Smellie • 2 min read • Thu, 23rd Apr 2015
Next Capital mulls possible IPO, trade sale for Vitaco
Vitaco

Next Capital mulls possible IPO, trade sale for Vitaco

The private equity owners of Vitaco Health Group, the trans-Tasman health foods manufacturer, are mulling a possible initial public offering or trade.

By Pattrick Smellie • 2 min read • Tue, 14th Apr 2015
Just Water agrees to sell Australian business for A$11 million to Waterlogic
Sales

Just Water agrees to sell Australian business for A$11 million to Waterlogic

Just Water International, the water cooler and supplies business 79 percent owned by founder Tony Falkenstein, has agreed to sell its Australian busin.

By Pattrick Smellie • 2 min read • Mon, 13th Apr 2015

Global Stories

Private Equity stories

Dick Smith fallout continues
Dick Smith

Dick Smith fallout continues

Dick Smith management and directors are facing questions over the failure of the business, while Anchorage executives are also in for a grilling.

By Heather Wright • 2 min read • Tue, 12th Jul 2016
Mitel out as Polycom gets better offer
Unified Communications

Mitel out as Polycom gets better offer

The merger between Polycom and Mitel has come to end with Polycom announcing it has terminated the agreement following a better offer.

By Shannon Williams • 2 min read • Mon, 11th Jul 2016
Dell sells its Software Group division to global investment giants
Network Infrastructure

Dell sells its Software Group division to global investment giants

Dell has signed a definitive agreement with Francisco Partners and Elliott Management to sell Dell Software Group for an unspecified price tag.

By Sara Barker • 3 min read • Wed, 22nd Jun 2016
Kiwi company acquires $392M stake in Canberra Data Centres
Hyperscale

Kiwi company acquires $392M stake in Canberra Data Centres

Infratil captures a significant share in Canberra Data Centres, investing A$392m to bolster its tech infrastructure foothold.

By Catherine Knowles • 2 min read • Mon, 23rd May 2016
Chinese consortium snaps up Lexmark in US$3.6 billion deal
Printing

Chinese consortium snaps up Lexmark in US$3.6 billion deal

United States printer manufacturer Lexmark is being acquired by a Chinese consortium in a US$3.6 billion deal.

By Heather Wright • 2 min read • Thu, 21st Apr 2016
Aussie health tech firm lists on ASX, sets sights on Obamacare
Health Technologies

Aussie health tech firm lists on ASX, sets sights on Obamacare

Australian health tech innovator Alcidion lists on the ASX with a market cap of AUD $33.76 million, aiming for growth in the US under Obamacare.

By Shannon Williams • 3 min read • Mon, 29th Feb 2016
Dick Smith: Fall of a giant
Dick Smith

Dick Smith: Fall of a giant

Everyone knows Dick Smith Electronics. So where did it go so wrong? We look back at the company from its early successes to eventual decline.

By Heather Wright • 4 min read • Fri, 26th Feb 2016
Growth promised as private equity firm takes US$187m stake in StorageCraft
Storage

Growth promised as private equity firm takes US$187m stake in StorageCraft

StorageCraft is promising accelerated growth with new products and services and additional channel investment as TA Associates takes a majority stake.

By Heather Wright • 2 min read • Thu, 14th Jan 2016
US company takes major stake in NZ's Debitsuccess
Debitsuccess

US company takes major stake in NZ's Debitsuccess

A US private equity firm has taken a major stake in Kiwi global payment solutions provider Transaction Services Group, which includes Debitsuccess.

By Heather Wright • 2 min read • Wed, 11th Nov 2015
Symantec sells off Veritas in US$8 billion deal
Symantec

Symantec sells off Veritas in US$8 billion deal

Symantec is selling the Veritas information management business for US$8 billion in cash to a group of investors lead by Carlyle Group.

By Heather Wright • 2 min read • Wed, 12th Aug 2015
Xero to double turnover to $200M this year, says CEO Rod Drury
Fintech

Xero to double turnover to $200M this year, says CEO Rod Drury

New Zealand accounting software pioneer Xero expects to double global revenue to more than $200 million in the year to March 2016.

By Pattrick Smellie • 4 min read • Thu, 23rd Jul 2015
MYOB IPO and ASX listing unlikely to weigh on Xero: ForBarr
Fintech

MYOB IPO and ASX listing unlikely to weigh on Xero: ForBarr

Arrival of MYOB Group, the Australian accounting software firm, on the Australian Stock Exchange is unlikely to weigh on the dual-listed rival Xero.

By Pattrick Smellie • 3 min read • Wed, 1st Apr 2015

Stories from Other Regions

Private Equity stories