US private equity giant Advent International targets NZ for growth

US private equity giant Advent International targets NZ for growth
Advent's previous experience in NZ included buying a majority stake in Transaction Services Group, now part of Xplor Technologies. (Image: Getty)
Rebecca Stevenson
Global private equity giant Advent International has confirmed a new Australia and New Zealand office. The private equity firm said on Tuesday night it would open a Sydney office with former Anchorage Capital Partners managing director Beau Dixon appointed to lead Advent’s new outpost. Advent said in a statement that Australia and NZ were key markets for growth with significant opportunities for private capital to be deployed in high quality companies with strong investment potential. The new office would invest in leading...

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