Carve-outs and concentrated markets: Why Pacific Equity Partners does one-third of its deals in NZ

Carve-outs and concentrated markets: Why Pacific Equity Partners does one-third of its deals in NZ
Pacific Equity Partners managing director Cameron Blanks says his firm does three things. (Image: NZME)
Rebecca Stevenson
One of Australia’s oldest and largest private equity firms has struck about one-third of its deals in New Zealand, including its first. Pacific Equity Partners (PEP) managing director Cameron Blanks recently visited NZ with a packed day of meetings, including at smart metering firm Intellihub. Blanks said Intellihub is a good example of the kind of deals PEP can make. It's a business that was built through a carve-out.  NZ energy company Mercury sold its smart metering business, Metrix, to majority PEP-owned Intellihub...

More Markets

NZ sharemarket braces for Trump's 'Liberation Day'
Markets Market Close

NZ sharemarket braces for Trump's 'Liberation Day'

The S&P/NZX 50 Index closed at 12,320.19, up 7.59 points or 0.062%.

Westpac Bank’s Eckhold says April cut likely wrong move
Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

The simple strategy behind Dairyworks
Primary Sector

The simple strategy behind Dairyworks

Is New Zealand still fixated on the 1kg block of cheese?

Trump-era FX 'compounding' margin losses, analysts say
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.