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 rises as Infratil, Spark drive gains
Markets Market close

NZ sharemarket rises as Infratil, Spark drive gains

New Zealand shares ended firmer after Infratil and Spark posted gains.

Jamie Gray 27 Jun 2025
Rua Gold secures funding to step up hunt for NZ gold
Markets

Rua Gold secures funding to step up hunt for NZ gold

The funds will be used to carry out exploration over the next 12 to 18 months.

John Anthony 27 Jun 2025
Former CBL CFO must pay $1.2m for disclosure breaches
Markets

Former CBL CFO must pay $1.2m for disclosure breaches

The case was a first for New Zealand courts, FMA says.

John Anthony 27 Jun 2025
Investore buys New Lynn Bunnings site for $43 million
Property

Investore buys New Lynn Bunnings site for $43 million

Investore Property has struck a deal to acquire the Bunnings complex in New Lynn, Auckland.The company told the market on Friday it had entered an unconditional agreement to acquire the property for $43 million.The 2.2-hectare site at 2–12 Titirangi Rd features an 11,000sq m buil...

Staff reporters 27 Jun 2025