Now Polar Capital gets Jucy Rental

Now Polar Capital gets Jucy Rental
Brent Melville
The massive impact of covid-19 and border lockdowns on the operations of budget campervan and adventure company Jucy Group has led to the sale of its assets to Colin Neal's Polar Capital and investor and former Tourism Holdings director, David Cushing. The sale agreement, which saves 150 jobs at the firm, founded in 2001 by brothers Dan and Tim Alpe, excludes the businesses of Jucy Snooze, Jucy Cruise, its Your Drive, Lucky Rentals, and the US and UK Jucy businesses.As part of the sale agreement, Grant Graham and Neale Jackson of finan...

More Finance

Decision to cancel licence for crowdfunder Equitise ‘not taken lightly’ – FMA
Finance

Decision to cancel licence for crowdfunder Equitise ‘not taken lightly’ – FMA

Repeat offender Equitise facilitated two deals after it was deregistered last year.

Jem Traylen 17 Apr 2024
Central banks slowly winning war on inflation
Finance

Central banks slowly winning war on inflation

But policymakers remain wary of rising prices. 

Bloomberg 16 Apr 2024
Greenslade to step down as Heartland announces Aus leadership
Finance

Greenslade to step down as Heartland announces Aus leadership

Heartland expects to complete the Challenger Bank acquisition by April 30. 

Staff reporters 08 Apr 2024
Suncorp flicks Asteron Life for $410 million
Finance

Suncorp flicks Asteron Life for $410 million

The NZ insurer will continue to operate as a standalone brand.

Staff reporters 04 Apr 2024