Spark's Revera sued by consultant claiming fee related to 2012 sale

Mon, 09 Feb 2015

By Suze Metherell Feb. 9 (BusinessDesk) - Revera, a data centre company, has been sued by a consultant who claims he missed out on $3.1 million in commission fees when the business was sold to Spark New Zealand in 2013. Wilhelmus Giesbers, director of Wellington-based consultancy Prophecy Networks, was hired by Revera, then known as Rock Group, in 2007 to provide restructuring advice and preparation for a possible sale. Under the contract, Giesbers would be paid $25,000 if the highest bid was below $20 million, or if no bids were received...

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