Direct Capital
Direct Capital, ACC back New Zealand logistics player
New Zealand PE firm Direct Capital and the government’s Accident Compensation Corporation (ACC) have taken a combined 50% stake in local logistics operator Mondiale for an undisclosed sum.
Direct Capital backs New Zealand engineering firm
New Zealand’s Direct Capital has made an investment of undisclosed size in local engineering consultancy Beca.
New Zealand’s Direct Capital invests retirement village operator
New Zealand’s Direct Capital has acquired a minority stake in local retirement village operator Qestral Corporation for an undisclosed sum.
Direct Capital exits New Zealand's Cavalier Wool
New Zealand’s Direct Capital has exited its remaining 13.7% stake in domestic carpet manufacturing industry services provider Cavalier Wool Holdings (CWH) for an undisclosed sum.
New Zealand PE: Hidden gem
Private equity is taking a bigger piece of New Zealand’s small economic pie. Investors must act opportunistically to exploit substantial potential in an inconspicuous but engaging middle market
New Zealand's Direct Capital closes Fund V at $270m
New Zealand-based private equity investor Direct Capital has closed its fifth buyout and growth fund at NZ$375 million ($270 million).
New Zealand's VC-backed Phitek Systems sold to US tech player
New Zealand-based audio equipment and technology developer Phitek Systems has been sold to a US strategic buyer, providing an exit for a number of domestic VC investors.
NZ Super Fund commits $182m across three domestic GPs
New Zealand Superannuation Fund (NZ Super) has committed to invest up to NZ$260 million ($182 million) in three domestic PE funds.
Direct Capital to exit New Zealand King Salmon
Direct Capital will exit the bulk of its holding in New Zealand King Salmon as the seafood company seeks to raise up to NZ$77.5 million ($56.4 million) through a domestic and Australian IPO.
New Zealand’s Waterman Capital takes half of Working In
New Zealand-based Waterman Capital has reportedly acquired a 50% stake in Working In Ltd., an immigration and employment-information provider, for an undisclosed sum.
New Zealand’s Direct Capital takes majority stake of Scales Corp.
Auckland-based private equity firm Direct Capital will take a 79.7% stake in local apple exporter and cold storage company Scales Corporation for $44 million, purchasing the asset from South Canterbury Finance, which has been under the receivership since...
Direct Capital invests in Bayleys Corp
Direct Capital, a New Zealand private equity firm, has taken a minority stake in Bayleys Corporation Ltd., a real estate agency and professional property services provider.
NZ Direct Capital closes Fund IV
New Zealand private equity and venture capital investor Direct Capital has announced the close of its Direct Capital IV fund at NZ$325 million ($250 million), well above the fund's NZ$250 million ($175 million) target.