ChannelLife UK - Industry insider news for technology resellers

Private Equity stories - Page 10

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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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market
New Zealand accounting software pioneer Xero expects to double global revenue to more than $200 million in the year to March 2016.
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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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nz
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.
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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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nz
Tech investor Lance Wiggs' Punakaiki Fund has launched the first equity crowdfunding campaign for a private equity fund in New Zealand.
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Pushpay to raise $13.8 million from shareholders
Thu, 23rd Apr 2015
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pushpay
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investment
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NZ mobile payment app developer Pushpay Holdings aims to raise $13.8m from shareholders through discounted share offer.
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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.
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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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australian
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private equity
Just Water International, the water cooler and supplies business 79 percent owned by founder Tony Falkenstein, has agreed to sell its Australian busin.
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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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myob
Arrival of MYOB Group, the Australian accounting software firm, on the Australian Stock Exchange is unlikely to weigh on the dual-listed rival Xero.
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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.
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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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nz
Dick Smith takes the axe to 80 roles in a bid to slash costs for a 'sustainable future'. Restructuring set for June completion.
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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.
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Asaleo Care beats prospectus with 18% gain in full-year profit
Tue, 24th Feb 2015
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asx
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ipo
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.
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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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accounting systems
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.
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YEAR IN REVIEW: NZ economy rocks on as milk's star fades
Mon, 29th Dec 2014
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economy
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banking
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africa
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.
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Private equity, pension fund take Riverbed ownership
Tue, 16th Dec 2014
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optimization
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riverbed
Riverbed seals a £3.6 billion deal with Thoma Bravo and Teachers' Private Capital, eyeing strategic growth and further innovation.
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MRP to quit Chilean, German geothermal investments, sticks with US plant
Tue, 16th Dec 2014
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nz
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us
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stock market
MightyRiverPower, the first of the state-owned power companies to be partially privatised last year, will quit its geothermal investments in Chile.
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Oceania aged-care business planning IPO, in talks with investors
Thu, 4th Dec 2014
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capital
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expenses
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revenue
Oceania Healthcare is on track for an initial public offering in early 2015, but the Macquarie Group managed aged-care operator's chief executive,.
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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.
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Scales says full-year earnings may exceed prospectus, to pay 3 cent interim dividend
Mon, 24th Nov 2014
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supply chain systems
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scales corp
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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.
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UPDATE: Metroglass confirms on track for full year, as interim sales rise 13%, shares gain
Fri, 21st Nov 2014
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tax
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shares
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economy
Metro Performance Glass, which has more than half of New Zealand's glass processing market, is on track to meet full-year prospectus forecasts as i.
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Pacific Brands sells unprofitable footwear, sports apparel business
Tue, 18th Nov 2014
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nzx
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shares
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nz
Pacific Brands, the Australian apparel and linen brands business, has split and sold Brands Collective, its unprofitable footwear and sporting appa.