Our Focus

We invest in high-quality businesses, with a focus on the South Island.

We are generally sector agnostic, although we see particular opportunity in businesses operating in the following sectors:

  • Services to infrastructure and agriculture
  • Export manufacturing
  • Health
  • Education
  • Food export / alternative protein
  • Financial services
  • Pets
  • Profitable tech / Saas

We look for businesses with:

  • a proven management team
  • a track record of positive earnings
  • strong growth prospects
  • an ethical culture and commitment to ESG principles
We operate in the mid-market and typically:
  • make investments of $10 million to $20 million
  • invest in businesses with an enterprise value of between $25 million to $100 million

We are comfortable with significant minority or majority ownership stakes.

Our investments typically provide:

  • expansion capital to fund identifiable growth opportunities
  • succession capital to facilitate the exit of current shareholders (often founders) and then partnering with existing or new management
  • capital to invest in operational improvement initiatives

Our style is to invest in quality companies with demonstrable opportunities to create enduring business value. Our business model does not involve using high levels of leverage to generate investment returns.

We support management teams to increase business value by providing access to the significant governance and operational experience of our team and networks.