CFOtech Asia - Technology news for CFOs & financial decision-makers

Private Equity stories - Page 10

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Dick Smith administrators seek creditors meeting delay
Wed, 27th Jan 2016
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dick smith
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mcgrathnicol
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private equity
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.
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Growth promised as private equity firm takes US$187m stake in StorageCraft
Thu, 14th Jan 2016
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storage
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dr
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cloud services
StorageCraft is promising accelerated growth with new products and services and additional channel investment as TA Associates takes a majority stake.
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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.
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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.
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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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xero
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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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.
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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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punakaiki fund
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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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.
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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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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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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.
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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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restructure
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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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.
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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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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.
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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.
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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.
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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.
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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,.