Private Equity

Our Private Equity experience includes advising:

• Pacific Equity Partners on the:
  • sale of Evolution Healthcare to QIC.
  • establishment of Agright New Zealand, an industry-leading poultry grower in Australia and New Zealand, through the acquisition of two large scale broiler chicken farming businesses in New Zealand.
  • sale of UP Education.
  • sale of Patties Foods to PAG.
  • acquisition of Healthe Care.
  • A$1.14 billion sale of LifeHealthCare to EBOS.
  • acquisition of Horizon Global's Asia Pacific unit, and subsequent sale of Auto Pacific to GUD Holdings.
  • acquisition of Traffic Management NZ, through its portfolio entity Altus Group.
  • acquisition of Evolution Healthcare.
  • sale of Manuka Health New Zealand.
  • acquisition, through its portfolio entity IntelliHUB, of Metrix from Mercury Energy.
  • sell down of IntelliHUB to Brookfield.
  • acquisition of Modern Star.
  • acquisition of NZ Tertiary College, through its portfolio entity UP Education.
  • acquisition of Manuka Health New Zealand.
  • acquisition of Academic Colleges Group.
  • sale of Griffin's Foods to Universal Robina Corporation.
  • sale of Tegel to Affinity Equity Partners.
  • purchase of a 50% interest in SCA Hygiene.

• The Riverside Company on its:
  • acquisition of the Hiway Group.
  • sale of Simcro.
     
• CPE Capital in respect of numerous acquisitions and divestments, including on its acquisition, and subsequent sale, of a key New Zealand transport and infrastructure asset.
• The Carlyle Group on the New Zealand aspects of its acquisition of Accolade Wines.
• KKR on its acquisition of MYOB.
• Advent International on its:
  • acquisition, through its portfolio company Industria Chimica Emiliana, of New Zealand Pharmaceuticals.
  • $1.05bn acquisition, through its portfolio company Allnex, of Nuplex Industries Limited.

• Pencarrow Private Equity on its:
  • investment in Skin Institute.
  • investment in NZ Frost Fan.
  • investment in The Collective.
  • investment in Netlogix.

• Pioneer Capital on its:
  • acquisition of Coffee Supreme.
  • investment in Optimal Workshop.
  • sale, alongside Ngāi Tahu Capital and Tainui Group Holdings, of Waikato Milking Systems to Interpump Group S.p.A.

• Milford Private Equity on its investment in Blackbull Global.
• Silverlake on its $200 million minority investment in NZ Rugby, valuing NZ Rugby at NZ$3.5 billion.
• Five V Capital on the sale of Education Perfect to KKR.
• Intermediate Capital Group / SCF Containers on the acquisition of CSL Containers.
• Tenzing on its acquisition of Totara Learning Solutions from Five V Capital.
• ForthCo on its acquisition and syndication of each of: 
  • Natural Habitats.
  • the Skyline Aviation Group.
  • NZ Mint.
  • Phoenix Metal Recyclers.

• Crescent Capital on:
  • the acquisition, through its portfolio entity New Zealand Panels Group, of the Bestwood and Kopine businesses from Carter Holt Harvey.
  • its sale of 'Simply Squeezed' to Frucor Beverages.
  • its sale of Brandlines to DKSH.
  • the New Zealand aspects of the dual track IPO/trade sale process for disposal of the National Hearing Care and Bay Audiology group (ultimately divested to Amplifon in 2010 for AU$460m).
     
• Primavera Capital and Shanghai Pharma on their consortium acquisition (via a scheme of arrangement) of Vitaco Holdings.
• CDH Fund V on its acquisition of an 80% interest in The Better Health Company (otherwise known as ‘Go Healthy’), a substantial New Zealand manufacturer and distributor of natural extracts and dietary supplements.
• CITIC on its investment in LanzaTech.
• Oaktree Capital on the restructuring of, and investment in, the Mediaworks Group.
• Lazard on its sale of PPI New Zealand.