Potentia sets up shop in NZ; what's next for the Australian tech investor

Potentia sets up shop in NZ; what's next for the Australian tech investor
Australian private equity firm Potentia is already in Australia and Japan. Now it’s setting up shop in NZ. (Image: Potentia)
Rebecca Stevenson
Australian tech investor Potentia is opening a New Zealand office and plans to hire up to five people as it seeks its next NZ investment, with several currently in play. The private equity firm made its second NZ investment in May when it snaffled a cornerstone shareholding in NZ Exchange-listed (NZX) movie software firm Vista. Potentia founder Andrew Gray said his private equity firm was excited about the NZ market. He added that, as a country, NZ bats significantly above the average in the investment and development of software and...

More Markets

Lower bond yields lift NZ sharemarket
Markets Market Close

Lower bond yields lift NZ sharemarket

Lower bond yields have helped drive the NZ sharemarket sharply higher at the close.

Jamie Gray 30 May 2025
Turbulent market slashes 2 Cheap Cars' profit
Markets

Turbulent market slashes 2 Cheap Cars' profit

New Zealand’s continued economic downturn, a sharp fall in immigration and consequent softer market demand has driven a 47% drop in profit for 2 Cheap Cars.The company reported total revenue of $81.9 million with 7675 cars sold in the year to March 31, down 6% compared to $86.7m...

Staff reporters 30 May 2025
Pacific Edge launches $20m capital raise
Markets

Pacific Edge launches $20m capital raise

The raise will help the medtech company continue operations for another year.

Staff reporters 30 May 2025
King Salmon slashes earnings guidance
Primary Sector

King Salmon slashes earnings guidance

Reduced harvests are needed to build up fish stocks.

Staff reporters 30 May 2025