Private Equity Stories - Page 34

Global Stories

Private Equity stories

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

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

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

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

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

Supply Chain

Dick Smith 'transformation' continues with restructure

Dick Smith takes the axe to 80 roles in a bid to slash costs for a 'sustainable future'. Restructuring set for June completion.

By Heather Wright • 2 min read • Fri, 20th Mar 2015

Riverbed

Private equity, pension fund take Riverbed ownership

Riverbed seals a £3.6 billion deal with Thoma Bravo and Teachers' Private Capital, eyeing strategic growth and further innovation.

By Heather Wright • 2 min read • Tue, 16th Dec 2014

Stories from Other Regions

Private Equity stories

Dick Smith

Dick Smith administrators seek creditors meeting delay

Administrators for Dick Smith Holdings will front the Federal Court of Australia this week to ask for approval to delay the next meeting of creditors.

By Heather Wright • 2 min read • Wed, 27th Jan 2016

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

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

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

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

Private Equity

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

Commerce Commission

ComCom likely to approve Cavalier, NZ Wool Services to merge scouring operations

The Commerce Commission is likely to allow Cavalier Wool Holdings and New Zealand Wool Services International to merge their two wool scouring operati.

By Pattrick Smellie • 2 min read • Thu, 26th Mar 2015

Payment Technologies

Huljich loans Pushpay $4 million to fund US growth plans

Pushpay Holdings, the NZAX-listed mobile payment app developer, has secured a $4 million funding line from cornerstone shareholder the Huljich family.

By Pattrick Smellie • 2 min read • Mon, 16th Mar 2015

Initial Public Offering

Asaleo Care beats prospectus with 18% gain in full-year profit

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.

By Pattrick Smellie • 2 min read • Tue, 24th Feb 2015