Good fit with Veritas - yes thats it
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Good fit with Veritas - yes thats it
Has PE got in there?
http://www.nzherald.co.nz/business/n...ectid=11730609
Apparently bought out by the equity spive jocks, after that leverage it up to the eye balls and then float it ,al la Feltex/ Dick Smiths, IMHO, !
http://www.stuff.co.nz/business/indu...ompanys-future
Brought by New Zealand private equity player Waterman Capital, at least it is a New Zealand company...
Interesting it has exited the Oz market. Growth limited to NZ now.
Maybe call the company for the exact numbers , and leave an expression of interest .I don't think they plaster it all over the show , it's win some lose some .....But no point in putting up we purchased XYZ dog food company for 10 mil and sold it 18 months later for 25 mil .... nobody would want to sell anything to them .Their model is more they like to work with companies and have a stake and grow that for us as limited partners and the existing owners .... Fund I was a bit of a starter and they sold Express Logistics to Toll at a good price/multiple. Guthrie Bowron and DRH not great performers ...
FUND II, the two realised companies have been outstanding . Partners Life continues to grow towards listing , Healthlink is very stable and sounds like it is continuing to get bigger in Aussie, Mercy Ascot hospitals are a good preformer.Not sure if working IN was in 1 or 2 but it was a wipeout .....
Fund III, It's only just begun ,MFB will be the second call of cash.